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erik [133]
3 years ago
9

Suppose you are an operations manager for a plant that manufactures batteries. Give an example of how you could use descriptive

statistics to make better managerial decisions. Give an example of how you could use inferential statistics to make better managerial decisions.

Business
1 answer:
Tatiana [17]3 years ago
7 0

Please find full question attached

Answer:

Inferential statistics

Descriptive statistics

inferential statistics

descriptive statistics

Descriptive statistics

Inferential statistics

Explanation:

Descriptive statistics describes data and gives us a picture of what the data summary looks like using such things as mean and central tendency measures. Inferential statistics on the other hand aims to make predictions using the data based on data analysis such as collecting sample from population and constructing hypotheses to estimate outcomes for the general population. Example in the question, the first is inferential statistics as we make generalized predictions on batteries using data samples from the population of batteries of a particular type.

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The management team at Imagine Advertising is trying to land a new client. Carla, the CEO, has set targets for how much the cont
Liono4ka [1.6K]

Answer:

B) leading

Explanation:

Leading is a function of management which involves using influence to motivate employees and clients to achieve organisational and client goals respectively. Dominic and Stella possess the leading function due to their ability to influence the clients on how Imagine Advertising will help the clients achieve their goals.

5 0
3 years ago
The following information pertains to the West Division of Burger Company:
GenaCL600 [577]

Answer:

D) $4,550

Explanation:

Contribution margin = Net Sales - Total Variable cost

Net sales                             $6,000

Les: Variable costs:

Cost of merchandise sold  $1,000

Operating expenses          <u> $450  </u>

Contribution Margin            $4,550

All other costs are fixed cost which are not used in contribution margin calculation.

So the correct answer is D) $4,550.

3 0
3 years ago
Jamal worked for a delivery company, and he was driving sometimes up to 10 hours a day. One afternoon, on the way back from maki
notsponge [240]

Answer:

Yes, the company is liable because Jamal was on his work route and took a minor detour to pick shirts he needed for work.

Explanation:

Generally what determines if the company is liable or not for a car accident, is if the employee was acting within the scope of his/her normal employment activities. In this case, even though Jamal took a break to pick up some shirts for work, he didn't deviate form his normal activities and not even from his normal work route. He was actually coming back from making a delivery.

It would have been different if he had gone to a different neighborhood or downtown just to pick the shirts. You must also consider that Jamal drives the delivery truck 10 hours a day, and that doesn't leave him a lot of spare time for his own personal activities, and this particular one was also related to his work.

This situation is similar to an accident happening when a truck driver is stopping to go to the bathroom or eating something while travelling.

8 0
3 years ago
Potential competitors may enter an industry and begin to take market share from existing companies. What would be one of the lar
ludmilkaskok [199]

Production costs are high and require high volumes to achieve profitability.

<h3><u>Explanation:</u></h3>

One of the largest challenges that will be faced by the potential competitors when they try to enter an industry will be that they will face that cost of production will be higher and they would require higher volumes for achieving profits. When a company is new to an industry there will be competitors who are already established well on that particular industry.

The challenges and the opportunity that are in existence will be well known to the existing competitors. They already have buyers and suppliers chain. Hence, the new entrant will have higher production cost and also they require higher volumes to achieve profits.

8 0
3 years ago
A burger and fries cost $2.20. the burger costs $2.00 more than the fries. how much do the fries cost?
NikAS [45]
To solve this question, we need to do a substitution formula on both equations

Burger + Fries =  $ 2.20

Burger - Fries = $ 2.00


________________________ - 

             2 Fries   = $ 0.20

                Fries    = $ 0.1
6 0
3 years ago
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