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dalvyx [7]
3 years ago
7

Labor force

Business
1 answer:
Salsk061 [2.6K]3 years ago
6 0

Answer:

not entirely sure if that's how you are suppose to do it. but that's how I would've done it.

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A marketing researcher wants to estimate the mean amount spent (S) on Amazon.com by Amazon Prime member shoppers. Suppose a rand
Kazeer [188]

Answer:

The answer is below

Explanation:

a)

Given that mean (μ) = $1500, standard deviation (σ) = $200, sample size (n) = 100

confidence (C) = 95% = 0.95

α = 1 -  C = 1 - 0.95 = 0.05

α/2 = 0.05 / 2 = 0.025

The z score that corresponds with 0.475 (0.5 - 0.025) is 1.96. Therefore the margin of error (E) is:

E = z_\frac{\alpha}{2} *\frac{\sigma}{\sqrt{n} } \\\\E=1.96*\frac{200}{\sqrt{100} } =39.2\\

The confidence interval = (μ ± E) = (1500 ± 39.2) = (1500 - 39.2, 1500 + 39.2) = (1460.8, 1539.2)

The confidence interval is between $1460.8 and $1539.2.

b) Given that mean (μ) = $1500, standard deviation for 100 samples =  σ /√n = $200,

confidence (C) = 95% = 0.95

E = z_\frac{\alpha}{2} *\frac{\sigma}{\sqrt{n} } \\\\E=1.96*200=392\\

The confidence interval = (μ ± E) = (1500 ± 392) = (1500 - 392, 1500 + 392) = (1108, 1892)

The confidence interval is between $1108 and $1892.

4 0
3 years ago
A business maintains subsidiary accounts for each of its customers. on may 15, the business sells services on account: $2,500 to
Andreyy89
A number that can be added but idk do u know because im bored and have home work and all fs so i need help im home schooled


7 0
3 years ago
Which of the following methodologies might be most appropriate if you have a system project with: unclear requirements; very fam
Anna71 [15]

Answer:

The last option is wrong, the correct option to that question is: Extreme Programming.

And the correct answer is that option.

Explanation:

To begin with, the name of <em>"Extreme Programming"</em> refers to a specific methodology of development of software that mainly focuses in the improvement of software quality and the responsiveness to changing customers requirements. Moreover, this methodology best fits in the cases where the system project comes with unclear requirements and where there is a short time schedule due to the fact that as a type of agile software development it advocates frequent releases in short time cycles that are primarily focus on introducing checkpoints in where the requirements of the consumers who are unclear can be adopted.

5 0
4 years ago
b. ​rational, self-interested government officials seeking more funding for mass transit through higher taxes should consider
Marysya12 [62]

Higher taxes is very unpopular and may result in losing the future elections.

Higher tax rate means decrease in the real income of the people. This will results in rising of the inflation as higher the tax rate the more will be the cost of production.

There will be many other consequences for the implication of higher tax rates such as people will not like that government anymore because very few people if comfortable in paying more taxes.

It will increase the gap between the rich and poor.

It may be possible that in future people will not prefer this government again for charging higher tax rates.

To know more about government:

brainly.com/question/16940043

#SPJ4

6 0
2 years ago
Ceteris paribus, a decrease in the demand for automobiles will
OLEGan [10]
Here are the answers: Ceteris Paribus, we would expect the following to be the cause of a decrease in the demand for the automobiles and these are: Increased gasoline prices, the expectations of the consumers that the prices of the automobiles will depreciate the following year and that the significant recession will develop and will last for a year. (Answers are based from the actual options attached to this question.)
5 0
3 years ago
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