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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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Which of the following is a characteristic of the maturity phase of the product life​ cycle? A. Product designs begin to stabili
lana [24]

Answer:

The correct answer is letter "C": Competitors are well established.

Explanation:

Product Life Cycle is the time during which a product is conceived and produced, put onto the market and eventually removed from the market. The process has four (4) stages: <em>introduction, growth, maturity, </em>and <em>decline</em>.  

In the maturity phase, the sales of the product slow down and in some cases stop because of market saturation. Competitors are well established offering attractive prices to consumers. All marketing efforts are directed to wipe out competition pressures by lowering their demand.

8 0
3 years ago
The expected return on Share Z is 17.50% with a beta of 1.90. If the risk-free rate is 8%, then what is the expected return on t
Novay_Z [31]

Answer:

13%

Explanation:

Expected return on market = ((Expected return - Risk-free rate) / Beta) + Risk-free rate

Expected return on market = ((17.50% - 8%) / 1.90) + 8%

Expected return on market = 9.5%/1.90 + 8%

Expected return on market = 0.05 + 0.08

Expected return on market = 0.13

Expected return on market = 13%

5 0
3 years ago
Wildhorse Corp. has total current assets of $12,152,000, current liabilities of $5,849,000, and a quick ratio of 0.94. How much
White raven [17]

Answer:

Wildhorse Corp. has inventory of $6,653,940

Explanation:

The quick ratio is a liquidity ratio that indicates a company's ability to pay its current liabilities when they come due without needing to sell its inventory or get additional financing. The quick ratio is calculated by the following formula:

Quick ratio = (Cash & equivalents + Short Term investments + Accounts receivable)/Current Liabilities

(Cash & equivalents + Short Term investments + Accounts receivable) = Quick ratio x Current Liabilities = 0.94 x $5,849,000 = $5,498,060

Inventory = Total current assets - (Cash & equivalents + Short Term investments + Accounts receivable) = $12,152,000 - $5,498,060 = $6,653,940

4 0
3 years ago
Details that suzanne and shandra discovered about competitors in their market would most likely be analyzed in which section of
Aleksandr-060686 [28]
Analyze in food prices and personal items as well.
4 0
3 years ago
One problem in the interstate trucking industry is the number of trucks that return empty after making a delivery. There is a we
balu736 [363]

Answer:

Yield management pricing

Explanation:

Yield management pricing is the charging of different prices for a given set of capacity at a specific time in order to maximize revenue. This is based on the demand and supply in the market and is very common in industries such as airlines, hotels and resorts. When there is very high demand for airline seats, prices for them are high. However, if some of those passengers decided to refund their tickets, close to departure and the flight would be taking off soon, instead of flying with empty seats and no revenue from them, the airline would decide to sell these same seats at a cheaper rate in order to gain some revenue. This is a form of revenue maximization.

6 0
3 years ago
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