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pshichka [43]
3 years ago
10

A company wants to determine if the average shearing strength of all rivets manufactured is more than 1000 lbs. A sample of 25 r

ivets is selected and tested for the shearing strength. After calculation, the mean shearing strength of these 20 selected rivets is 1003.8 lbs and a 99% confidence interval is (1001.4, 1006.2) for the average shearing strength of all rivets manufactured. Which of the following statement is true?
A- The average shearing strength of all rivets manufactured is1003.8lbs.
B- The average shearing strength of all rivets manufactured must be between 1001.4 and1006.2.
C- We are 99% confident that the average shearing strength of all rivets manufactured is more than 1000 lbs.
D- At 90% confidence level, we know that the average shearing strength of all rivets manufactured is between 1001.4 and 1006.2 lbs.
Business
1 answer:
ser-zykov [4K]3 years ago
4 0

Answer:

B- The average shearing strength of all rivets manufactured must be between 1001.4 and 1006.2.

Explanation:

The company manufactures rivets and it want to analyze the strength of the rivets manufactured. For this purpose the company has carried out hypothesis testing in which the confidence interval resulted to be 1001.4, 1006.2, this indicates that the average strength of each rivet must be between the two values.

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Explanation:

There is a correlation between inflation and house prices. ... When interest rates are low, buying homes can be more affordable and increase the demand for homes. If the supply of homes remains constant and the demand increases, then the prices of homes will increase.

7 0
2 years ago
"Evan lives in an apartment building. The land and structures are owned by a corporation, with one mortgage loan covering the en
julsineya [31]

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co-operative ownership

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5 0
3 years ago
A disadvantage of the free cash flow valuation method is A. The free cash flow method is not used widely in practice. B. The ter
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The main disadvantage of the valuation method is that the terminal value tends to dominate the total value in many cases.

In a free cash flow valuation, the intrinsic value equals present value of its free cash flow and thus, the net cash flow is left over for distribution to stockholders and debt-holders in each period.

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7 0
2 years ago
While many others dreamed about owning their own business, Holly Gabrel decided to do something about it. Holly knew that being
Eva8 [605]

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e. all of these should be included.

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These listed items are not entrepreneurial personality traits.  Holly is not expected to have any of them as traits because they are not.  Personality traits are human characteristics, which propel Holly as an entrepreneur to take entrepreneurial risks.  They include Creativity, Risk-taking, Passion, Planning, Social Skills, Open-mindedness, Decisiveness, Positivity, etc.  Holly abundantly possesses them.

5 0
3 years ago
Enviro Company issues 8%, 10-year bonds with a par value of $250,000 and semiannual interest payments. On the issue date, the an
vichka [17]

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Explanation:

1. The bonds with a par value of $250,000 and implied selling price of 87 ½.

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= $218,750

2. Since it's semiannual interest payments, the total amount of bond interest expense that will be recognized over the life of these bonds will be:

[20 × (250,000 × 8% × 6/12)]+ $250,000 - $218,750

= $200,000 + $250,000 - $218,750

= $231, 250

3. The amount of bond interest expense recorded on the first interest payment date will be:

= Total bond interest expense/number of payments

= $231,250/20

= $11562.50

5 0
3 years ago
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