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nekit [7.7K]
3 years ago
11

In an election poll, 200 people were surveyed and 45% expressed their likelihood to vote for a particular candidate. the margin

of error on this estimated support is closest to
Business
1 answer:
Sergio039 [100]3 years ago
6 0
A margin of error is an amount (usually small) that is allowed for in case of miscalculation or change of circumstances. A general approach for finding a margin of error involves using the standard deviation of a sample proportion. 

Roughly 95% of all normally distributed data fall within two standard deviations of the mean. So the margin of error is two times the  standard deviation (SD)
margin of error = 2*SD
SD=sqrt(p*(1-p)/n)
p is probability of the event and n is the sample size.
In our case, p=0.45 and n=200.
SD=sqrt(0.45*0.55/200)=sqrt(0.001)-0.03
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Longley Trucking is issuing a 20-year bond with a $2,000 face value tomorrow. The issue is to pay an 8% coupon rate, because tha
Katen [24]

Answer:

Longly will receive $1,817.43 from selling the bond.

Explanation:

As the coupon rate is 8%; we have annual coupon payment = 2,000 x 8% = $160.

The price of the bond Longly will receive is equal to the present value of 20 annual coupon payment plus the present value of $2,000 face value repayment in 20 years time; with the two streams of cash flow discounting at the market rate at the date of issuing 9%; which is calculated as:

[ ( 160/9%) x [ 1 - 1.09^(-20) ] ] + ( 2,000 / 1.09^20 ) = $1,817.43.

So, the answer is $1,817.43.

7 0
3 years ago
Net exports are Multiple Choice exports plus imports. imports less exports. exports less imports. that portion of consumption an
sergij07 [2.7K]

Answer:

The correct answer is letter "C": exports less imports.

Explanation:

Net exports are the difference between exports and imports from a country. It is computed by subtracting the total export value of the country, with the total value of the imports. Net exports from a country take on a negative value or <em>trade deficit </em>if it imports more merchandise than it produces. If a nation imports less merchandise than it exports, a positive value or <em>trade surplus </em>results.

8 0
3 years ago
A company purchased $3,600 worth of merchandise. transportation costs were an additional $315. the company later returned $250 w
Anestetic [448]

Answer: $3,564.50

Explanation:

The total amount that the company will pay for the merchandise is the net cost of the merchandise, less a 3% cash discount, plus the transportation costs. The cash discount normally only applies to the merchandise and not the transportation costs.

The cost of the merchandise is $3,600 less the $250 refund, which equals $3,350. With a 3% cash discount they will pay 97% of this amount, which is $3,249.50. After adding the additional transportation charge of $315, the total amount to be paid is $3,564.50.

6 0
3 years ago
A software company in China has decided to become a multinational enterprise (MNE). The company desires to completely own its su
ipn [44]

Answer:

Acquisition

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Acquisition mode of entry is a type of foreign market entry mode that offers fast, large and international expansion into a new market. This is done by a firm gaining control of another firm through the purchase of stocks or exchange of stocks. This type of strategy is usually used by multinational companies to acquire greater market power. A disadvantage of this type of entry is the high cost and integration is difficult due to different organization cultures and relationships..

3 0
3 years ago
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telo118 [61]

Answer:

When any company wants to sale their product without prior knowledge of the market then it's a disaster.

First thing Jack can do is "Test Marketing". If any company has no knowledge of market then fastest way to know your market is test marketing. Jack must put his sweaters in small quantity for sale at different locations. Test marketing needs to be done for whole week. Jack needs to collect the feedback from its customers too. Feedback is the way jack can know the market. Without knowing the market and customers, it's really hard to market or sale your product. Feedback from test marketing activity will actually give him market knowledge and customer's feedback.

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3 years ago
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