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Goryan [66]
3 years ago
12

Podunk tech university's office of student affairs would like to estimate the proportion of podunk tech's students who have smok

ed marijuana in the past month. the office of student affairs would like to estimate the population proportion p to within .04 with 95% confidence.
Business
1 answer:
grigory [225]3 years ago
7 0

Answer:

600

Explanation:

Requirement <em>"What sample size is required if the Office of Student Affairs has no knowledge of the approximate value of p? (Round your answer up to the next largest integer)."</em>

<em />

Margin of error, m = 0.04

Confidence level, 1-∝=0.95

Assume that p = 0.5 as proportion is not given.

At 95% confidence(∝=0.05). the tabulated value from the z-table is 1.96

n = p(1-p)[z∝/m]^2

n = (0.5)(1-0.5)[1.96/0.04]^2

n = (0.5)(0.5)(2401)

n = 600.25

n = 600

So, the required samplesize would be 600

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The _____ directs managers to maximize profit and shareholder wealth and recognizes only legal limitations on the pursuit of pro
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Answer:

The economic model of corporate social responsibility (CSR)

Explanation:

The <u>economic model of corporate social responsibility</u> directs managers to maximize profit and shareholder wealth and recognizes only legal limitations on the pursuit of profit.

3 0
3 years ago
Masterlink Co., in applying the lower of cost or market method, reports its inventory at net realizable value. Which of the foll
nasty-shy [4]

Answer:A. Cost is greater than net realisable value(NRV)

Explanation:

An inventory should not be higher than the price its sale or use and this requires the comparison of inventory cost to it's ( NRV) and whichever is lower will be used as cost of inventory

NRV= Sales price less cost to completion and less estimated cost necessary to make the sales.

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3 years ago
The Cash Over and Short account:Select one:a. Is used to record a credit balance in the cash account.b. Is an income statement a
Katyanochek1 [597]

Answer:

b. Is an income statement account used for recording the income effects of cash overages and cash shortages from errors in making change and/or from errors in processing petty cash transactions.

Explanation:

Cash over and short account, is not the actual cash account or something like that. In fact it is an expense account made which reports all the over-dues that is overages or short-dues that results from an imprest account, like petty cash.

This account records the difference created in between the expected value of cash and actual value of cash in imprest account.

Therefore the correct option in all the above is:

b. Is an income statement account used for recording the income effects of cash overages and cash shortages from errors in making change and/or from errors in processing petty cash transactions.

8 0
3 years ago
Majestic Homes' stock traditionally provides an 8% rate of return. The company just paid a $2 a year dividend which is expected
NemiM [27]

Answer:

The intrinsic value per year would be $52.5

Explanation:

We use the gordon model for stock valuation:

\frac{divends}{return-growth} = Intrinsic \: Value

current year dividends dividends x (1 + rgowth) = next year dividends

$2 * ( 1 + 0.05 ) = 2.10

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rate = 0.09

growth = 0.05

2.10/(0.09-0.05) = 52.5

3 0
4 years ago
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What would be a best practice when managing the merchandise at a store?
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B. would be my best guess, (it's not D.)
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4 years ago
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