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timurjin [86]
3 years ago
7

A manufacturer of banana chips would like to know whether its bag filling machine works correctly at the 420 gram setting. Is th

ere sufficient evidence at the 0.01 level that the bags are underfilled or overfilled? Assume the population is normally distributed.
State the null and alternative hypotheses for the above scenario.
Business
1 answer:
jenyasd209 [6]3 years ago
3 0

Answer: See explanation

Explanation:

The null hypotheses for the above scenario will be the statement of no effect and it'll be the mean weight of the bag that filled will be 420 grams.

H0: μ = 420

The alternative hypotheses for the above scenario will be that the bag isn't filled with 420 grams. They are either underfilled below 420 grams or overfilled above 420 grams.

Ha: μ ≠ 420

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reverse annuity mortgage

Explanation:

The term that is being described is known as a reverse annuity mortgage. Like defined in the question, this is a loan that allows you to cash in some of your home's equity without actually needing to sell the entire real estate property and move out of your home. Instead the loan is secured against the value of your home and monthly payments are paid to the owner that asked for the loan.

6 0
3 years ago
The growth of industrial manufacturing affected skilled tradesmen by:.
alina1380 [7]

answer:

removing control of their labor and their sense of independence.

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1 year ago
In the past, ___________________ was an important advertising strategy used in movies. Now it is also used with video games. It
e-lub [12.9K]

Answer:

The answer options for this question are as follows:

A) product placement

B) direct mail

C) to commercial

D) sampling

The correct answer is: A) product placement.

Explanation:

Product placement is a market exposure to consumers of a new product on a trial basis. Once the trial period corresponding to the launch has passed, the placement of the product is decided by the establishment, always respecting the requirements of each manufacturer.

Product placement is a hotly contested form of advertising that can be very effective when used well, involves donating or receiving money in exchange for your product being featured on a TV show, in movies, or even in paparazzi photographs.

8 0
2 years ago
The law of diminishing marginal utility states that the: Multiple choice question. marginal utility associated with the consumpt
Drupady [299]

The law of diminishing marginal utility states that as more units of a good are consumed, the marginal utility from the consumption of the next unit becomes lesser. John's total utility from the consumption of two ice creams is 10, and his total utility from the consumption of three ice creams is 9.7.

<h3>What does the law of diminishing marginal utility State?</h3>
  • According to the law of declining marginal utility, when consumption rises, the marginal utility gained from each extra unit decreases, all other things being equal.
  • The incremental improvement in utility brought on by consuming one more unit is known as marginal utility.

<h3>Which law does the law of diminishing marginal utility affect?</h3>
  • According to the law of diminishing marginal utility, a good or service's marginal utility decreases the more of it is used by a person.
  • Consuming increasing quantities of a good gives economic actors less and less pleasure.

<h3>What is law of diminishing marginal returns?</h3>
  • According to the law of declining marginal returns, increasing the number of production factors leads to lesser increases in output.
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Learn more about diminishing marginal utility here:

brainly.com/question/13084220

#SPJ4

7 0
2 years ago
A company purchased 300 units for $60 each on January 31. It purchased 150 units for $25 each on February 28. It sold a total of
Daniel [21]

Answer:

Weighted-average inventory costing method Ending Inventory = $ 9666.67= $ 9667

Explanation:

Date           Particulars       Units   Unit Cost        Total Cost

January 31  Purchases          300             $ 60        $ 18,000

February 28   Purchases       150             $ 25          $3750

Total                                       450                               $ 21,750

Weighted-average inventory costing method=  Total Cost/ Total Units=

                                    $ 21,750/450= $48.33 purchase price per unit

Sales              250 units       at     $ 70    =      $ 17500

Ending Units =  Purchases-Sales = 450-250= 200

Weighted-average inventory costing method Ending Inventory = $ 9666.67

200 units at 448.33=  $ 9666.67= $ 9667

3 0
3 years ago
Read 2 more answers
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