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Fudgin [204]
2 years ago
7

Females, it is said, make 70 cents to the dollar in the United States. To investigate this phenomenon, you collect data on weekl

y earnings from 1,744 individuals, 850 females and 894 males. Next, you calculate their average weekly earnings and find that the females in your sample earned $346.98, while the males made $517.70.
Required:
Calculate the female earnings in percent of the male earnings. How would you test whether or not this difference is statistically significant?
Business
1 answer:
mrs_skeptik [129]2 years ago
5 0

Answer:

67%

Test for 2 Independent means

Explanation:

Given that:

Average Female earning per week in sample = $346.98

Average Male earning per week in sample = $517.70

Female earning in percent of male earning :

(Female earning / male earning) × 100%

(346.98 / 517.70) * 100%

0.6702337 * 100%

67.02%

= 67%

Testing whether or not the difference in weekly earning by males and female can be conducted by testing the difference in sample means of both males and females by taking the two different samples as being independent.

Usually :

Null hypothesis : H0 : m1 - m2 = 0

Alternative hypothesis : H1 : m1 - m2 ≠ 0

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Vertical merger is the joining of two companies involved in different stages of related businesses.
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What are B2C and B2B sales?
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B2C stands for business to consumer. This would be the sales you’d make to a consumer. B2B stands for business to business. This is the sales you’d make with another business.
8 0
3 years ago
What features of the 100 Yen Sushi House service delivery system differentiate it from the competition, and what competitive adv
BartSMP [9]

Answer:

The summary and as per the query is defined in the following portion of the clarification.

Explanation:

The key characteristics including its 100 yen sushi management of service distribution system are its approaches to meal preparation and facilities on the manufacturing process. The client is also involved throughout the supply chain. The regular price, the conveyor belt mechanism throughout the location, which passes across the commercial counter, is three to four chefs on the floor.

The benefits of this are the people that follow:

  • High-tech independence including the use of clear methods.
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8 0
3 years ago
Zoey Bella Company has a payroll of $9,440 for a five-day workweek. Its employees are paid each Friday for the five-day workweek
Ratling [72]

Answer:

Dr Salaries expense $7,552

Cr Accrued salaries $7,552

Being entries to record salaries payable as at year end

Explanation:

When an expense is incurred but yet to be paid by an organization, the entries required are

Dr Expense (p/l)

Cr Accrued expense (B/s)

when payment is made

Dr Accrued expense (B/s)

Cr Cash account

Given that Zoey Bella Company has a payroll of $9,440 for a five-day workweek and the year ends on a Thursday. As such, the company  as at 31 December has incurred salaries for 4 days. This has to be accrued for but first to calculate the amount

= 4/5 * $9,440

= $7,552

Hence adjusting entry required on December 31, assuming the year ends on a Thursday

Dr Salaries expense $7,552

Cr Accrued salaries $7,552

Being entries to record salaries payable as at year end

7 0
2 years ago
Have you ever been disciplined for or the subject of an administrative order relating to conduct or practices involving any aspe
crimeas [40]

Answer:

1. Does it mean if I have been taught any financial information?  

NO

This question wants to know if you have been DISCIPLINED, PUNISHED OR PENALIZED for any finance-related fraud

Explanation:

Have you ever been disciplined for or the subject of an administrative order relating to conduct or practices involving any aspect of the financial services, insurance, securities or real estate industries or any other licensed industry or profession?

1. Does it mean if I have been taught any financial information?  

NO

This question wants to know if you have been DISCIPLINED, PUNISHED OR PENALIZED for any finance-related fraud

2. I have worked as a teller. then do I have to say yes??  

YES, but what they want to know is ''while you were a teller did you receive any query for fraud'' or have you been sanctioned for acting wrongly because you wanted financial gain? Did you change records to show an improved picture?

3. Is this question a positive question or negative?  

This question is positive because it shows you are seeking for an opportunity for work or travel.

6 0
3 years ago
Read 2 more answers
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