Answer:
One days trip of to school from home and back home from school is 2/3 of a mile. We want to know how far it is to school from her house.
To solve this, we simply need to take half of the total distance (2/3)
\frac{2}{3} / 2
Next, we need to turn the 2 into a fraction. Every whole number can be made into a fraction by putting it over 1.
\frac{2}{3} / \frac{2}{1}
Because we are dividing, we need to invert the second fraction and then multiply.
\frac{2}{3} * \frac {1}{2}
Next, we multiply the top of the first fraction by the top of the second and the bottom of the first fraction by the bottom of the second.
\frac{2}{6}
Once you reduce, you get:
\frac{1}{3}
Answer:
b) update the Retained Earnings account.
Step-by-step explanation:
A major purpose of preparing closing entries is to - update the Retained Earnings account.
Retained earnings are defined as those profits, that a company has earned to date minus any dividends or other money paid to investors.
Whenever we make an entry to the accounting records, that affects a revenue or expense account, this retained earning amount is adjusted.
Answer:
$16
Step-by-step explanation: I did the math in the comments.
Answer:
For this case a parameter represent the population data and for this case the parameter would be the true mean
who represent the amount of gasoline they used in the previous week

And the sample mean is an unbiased estimator of the true mean.
Step-by-step explanation:
For this case a parameter represent the population data and for this case the parameter would be the true mean
who represent the amount of gasoline they used in the previous week
And in order to estimate the parameter of interest we use a survey of n =3800 and the sample mean who represent an statistic is given by:

And we got:

And the sample mean is an unbiased estimator of the true mean.
So it would be $8.65/ 5lbs. And divide the top and the bottom by 5 and you get $1.73/ 1 lbs. I hope this helps!