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3 years ago

Choose the best words to complete each sentence and form a true statement.

Business

1 answer:

svlad2 [7]3 years ago

8 0

Answer:

Financial; ethnicity; eligible; free.

Explanation:

Federal student loans can be defined as a form of financial aid given to college or university students with varying financial means, so as to enable them gain access to higher education.

In the United States of America, the U.S Department of Education is saddled with the responsibility of administering the federal student loans.

In this scenario, Alice is a Chinese-American student. She needs student financial aid to her college education. Due to her origins, she could get an ethnicity-based scholarship. She could also apply for other kinds of scholarships for which she is eligible.

Although Alice could get a loan, she should really try getting a scholarship because money received as a scholarship is essentially free money.

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A university officer wants to know the proportion of registered students that spend more than 20 minutes to get to school. He se

vlada-n [284]

Answer:

1) We need a random sample. For this case we assume that the sample selected was obtained using the simple random sampling method.

2) We need to satisfy the following inequalities:

$n\hat p =25*0.52= 13 \geq 10$

$n(1-\hat p) = 25*(1-0.52) =12 \geq 10$

So then we satisfy this condition

3) 10% condition. For this case we assume that the random sample selected n represent less than 10% of the population size N . And for this case we can assume this condition.

So then since all the conditions are satisfied we can conclude that we can apply the normal approximation given by:

$p \sim N (\hat p, \sqrt{\frac{\hat p (1-\hat p)}{n}})$

So then the answer for this case would be:

a. Yes.

Explanation:

For this case we assume that the question is: If in the experiment described we can use the normal approximation for the proportion of interest.

For this case we have a sample of n =25

And we are interested in the proportion of registered students that spend more than 20 minutes to get to school.

X = 13 represent the number of students in the sample selected that have a time more than 20 min.

And then the estimated proportion of interest would be:

$\hat p = \frac{X}{n}= \frac{13}{25}= 0.52$

And we want to check if we can use the normal approximation given by:

$p \sim N (\hat p, \sqrt{\frac{\hat p (1-\hat p)}{n}})$

So in order to do this approximation we need to satisfy some conditions listed below:

1) We need a random sample. For this case we assume that the sample selected was obtained using the simple random sampling method.

2) We need to satisfy the following inequalities:

$n\hat p =25*0.52= 13 \geq 10$

$n(1-\hat p) = 25*(1-0.52) =12 \geq 10$

So then we satisfy this condition:

3) 10% condition. For this case we assume that the random sample selected n represent less than 10% of the population size N . And for this case we can assume this condition.

So then since all the conditions are satisfied we can conclude that we can apply the normal approximation given by:

$p \sim N (\hat p, \sqrt{\frac{\hat p (1-\hat p)}{n}})$

So then the answer for this case would be:

a. Yes.

3 0

3 years ago

Factory Overhead Cost Budget Budget that estimates the cost for each item of factory overhead needed to support budgeted product

Black_prince [1.1K]

Answer:

Factory Overhead Cost Budget

For the month ending August 31, 2016

Variable factory overhead costs:

Manufacturing supplies $14,000

Power and light $48,000

Production supervisor wages $135,000

Production control wages $32,000

Materials management wages $39,000

Total variable factory overhead costs $268,000

Fixed Factory Overhead Costs

Factory insurance $30,000

Factory depreciation $22,000

Total Fixed Factory Overhead Costs $52,000

Total factory overhead costs $320,000

Thus, the total factory overhead cost for the month of August, 2016 is $320,000.

4 0

4 years ago

On your way to a restaurant you notice a billboard advertising a local gym. There is a picture of a fit, young man and woman in

gregori [183]

Answer:

Creative Advertising

Directional Advertising:.

Explanation:

Creative Advertising:

You are spreading your message on a fence, trying to create interest in your service and trying to guide your audience in this way create awareness, need or brand in the market

Directional Advertising:

When placing the ad, "who says that exercising can't be fun? " They are in front of people who really seek your service. Your audience knows what you want, but you don't know who to call

6 0

4 years ago

Read 2 more answers

When goods are shipped FOB destination and the seller pays the freight charges, the buyer a.journalizes a reimbursement to the s

Ksju [112]

When goods are shipped FOB destination and the seller pays the freight charges, the buyer c.makes no journal entry for the freight.

<h3>What are the journal entries for FOB destination transactions?</h3>

When merchandise is sold on FOB destination terms, it implies that the seller is legally responsible for the safety of the goods until delivered to the buyer. In most cases, the buyer does not pay for the freight.

In such a case, the Seller also records the delivery expense or freight as a period expense.

The buyer does not make any journal entry for the cost of delivery or (freight). Since the seller bears all the delivery risks, the buyer can only pay for the cost of the goods when they reach the buyer's destination.

Thus, when goods are shipped FOB destination and the seller pays the freight charges, the buyer c.makes no journal entry for the freight.

Learn more about FOB destination deliveries at brainly.com/question/24920251

#SPJ1

4 0

2 years ago

Your paycheck could likely satisfy which of the following needs identified by Maslow?

uysha [10]

Answer:

The correct answer is letter "C": safety needs.

Explanation:

American psychologist Abraham Maslow (1908-1970) proposed the Hierarchy of Needs often portrayed as a pyramid with five layers each one representing a need. According to Maslow, individuals cannot look for the satisfaction of other needs as long as the most basic needs are fulfilled first. Those needs are physiological needs, safety needs, love and belonging, esteem, self-actualization.

On the second layer, we find the safety needs related to the satisfaction of personal security, employment, resources, health, and property needs. Thus, people's paychecks represent safety needs in Maslow's Hierarchy of needs.

5 0

4 years ago