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Lisa [10]
3 years ago
11

Suppose every student in a class is surveyed and it is found that? 75% of the class plans to take another math class. it is repo

rted that? 75% of all students at the school plan to take another math class. is this an example of descriptive or inferential? statistics? explain.
Business
1 answer:
Wittaler [7]3 years ago
3 0
Based on the given sample above, I can say that it would be an example of a descriptive statistics. When we say descriptive statistics, this is the kind of statistics that uses numerical data based from the given sample in order to describe the population. This is different from inferential because inferential statistics creates inferences based on the given data. Hope this helps.
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Lisa is wondering if her company is earning the income they expected to earn at the beginning of this year. She looks at to see
andre [41]

Lisa is wondering if her company is earning the income they expected to earn at the beginning of this year. She looks at to see how the money looks, while remembering that this budget does not show cash outlays. This type of budget is called Expense Budget

<h3>What is Expense Budget?</h3>
  • The Expense Budget displays the revenue and capital expenditures of several ministries and departments and provides estimates for each under "Plan" and "Non-Plan."
  • It provides a thorough study of various expenditure kinds as well as a general explanation for why estimates vary. The Expense Budget also includes the Central Government's requests for grants.
  • Capital assets are crucial expenses for firms since they include cash outlays for production machinery and other equipment that generates revenue.
  • Due to the fact that production equipment is more expensive than standard office supplies or monthly expenses, financing is sometimes required to purchase capital assets.
  • The purchase of capital assets is typically included in expense budgets, and their effects on working capital and future cash flows are quantified. Businesses wouldn't be able to accomplish their operational goals without well managed capital investments.

To know more about Expense Budget with the given link

brainly.com/question/14318672

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3 0
2 years ago
Consider the following marginal cost function. a. Find the additional cost incurred in dollars when production is increased from
weqwewe [10]

Answer:   (a) $197,500

(b) $ 189,500

Explanation:

Given : The marginal cost function : C′​(x)=4000−0.4x

To find the cost function, we need to integrate the above function with respect to x.

Now, the additional cost incurred in dollars when production is increased from 100 units to 150 units will be:-

\int^{150}_{100}\ C'(x)\ dx\\\\=\int^{150}_{100} (4000-0.4x)\ dx\\\\=[4000x-\dfrac{0.4x^2}{2}]^{150}_{100}\\\\=[4000(150)-\dfrac{0.4(150)^2}{2}-4000(100)+\dfrac{0.4(100)^2}{2}]\\\\=[600000-4500-400000+2000]\\\\=197500

Hence, the additional cost incurred in dollars when production is increased from 100 units to 150 units= $197,500

Similarly,  the additional cost incurred in dollars when production is increased from 500 units to 550 units :-

\int^{550}_{500}\ C'(x)\ dx\\\\=\int^{550}_{500} (4000-0.4x)\ dx\\\\=[4000x-\dfrac{0.4x^2}{2}]^{550}_{500}\\\\=[4000(550)-\dfrac{0.4(550)^2}{2}-4000(500)+\dfrac{0.4(500)^2}{2}]\\\\=[2200000-60500-2000000+50000]\\\\=189,500

Hence, the additional cost incurred in dollars when production is increased from 500 units to 550 units = $ 189,500

4 0
3 years ago
Preparing a trial balanceSmithson Floor Coverings reported the following summarized data at December 31, 2018. Accounts appear i
Triss [41]

Answer:

                                             Smithson Floor Coverings

                                                       Trial Balance

                                        As at 31st December 31, 2018

<u>Account                                                              Dr ($)                       Cr($)           </u>

Revenue                                                                                              26,000

Salaries Payable                                                                                  25,000

Equipment                                                          36,000

Salaries Expense                                                  1,600

Rent Expense                                                     17,000

Cash                                                                      7,000

Common Stock                                                                                     24,000

Accounts Receivable                                            3,600

Accounts Payable                                                                                 2,200

Interest Payable                                                                                    6,000

Dividend                                                                16,100

Utilities Expense                                                   <u> 1,900   </u>                  <u>             </u>

                                                                            <u> 83,200  </u>                  <u> 83,200</u>

Explanation:

In accounting, liability, Income and equity items have credit balances while assets and expenses have debit balances.

With that background, Start by picking balance relating to income and post them to the credit side of the trial balance, like revenue.

After that, pick balance relating to liability post them to the credit side of the trial balance, like trade payable.

Then pick balance relating to equity item, post them to the credit side of the trial balance, like common stock.

After this, pick items relating to asset and post them to the debit side of the trial balance, like trade receivables. Then, pick items relating to expenses and then post them to the debit side of the trial balance.

At the end, all income, liability and equity item balances are posted to the credit side of the trial balance while assets and expenses item balances are posted to the debit side.  And two sides balance.

Remember the purpose of a trial balance is to check the arithmetical accuracy of ledger balances and that was exactly what was done above.

5 0
3 years ago
James Dodgsen is a student in a graduate course in business. The professor in the course has given Dodgsen and his classmates a
nikdorinn [45]

Answer:

d. Dodgsen has been dishonest.

Explanation:

Looking at the scenario in the question above, it is possible to say that James Dodgsen was dishonest in copying Jane's responses.

This question leads us to the conclusion that Dodgen's schedule lacked organization. As much as he was prepared for the other classes and having just coincided with a surprise test when he couldn't find time to study the content of that class specifically, there is a problem looking at his classmate's answers when the test given by the teacher was individual guidance.

The organization of the agenda is essential for a student of business administration, since the corporate environment consists of the functions of organizing, commanding, coordinating and controlling, therefore there must be established times for each task of daily fulfillment, whether in a personal or professional environment. , so that there is a greater possibility of fulfilling the essential tasks and the established objectives are properly achieved

7 0
3 years ago
explain sustainable income. what relationship does this concept have to the treatment of discontinued operations on the income s
Anni [7]

A corporation needs sustainable income in order to cover all of its expenses in the long run.

What is Sustainable income?

Sustainable income represents the after-tax gain or loss on the impact of operations on a discontinued segment of business for a period.

Therefore, in the case of a discontinued operation, there is no sustainable income arising in the future as the segment of business is already discontinued and income, if any, is going to come only for the period of the discontinued operation. Income or expense from discontinued operations is a line of item in the income statement of a company below income from continuing operations and before the net income.

To know more about Sustainable income, click here- brainly.com/question/18687603

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4 0
1 year ago
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