Answer:
When we subsample from a population
Explanation:
A subsample is a set of data that we take from smaller group of people in order to represent the larger group.
It is really crucial for companies to get this type of subsample in order to obtain statistical data about customer's preference. This will increase the efficiency of their marketing process.
For example,
Let's say that you want to create a toy for children.
It is impossible for you to actually ask every single child in this country about the type of toys they like. In such situation, you could get a subsample from a smaller group of children (let's say you give questionnaires to 1000 children and ask them the type of toys they like.)
From the there, you could create a statistic that represent the types of toys that the children might be interested in.
Answer:
Bonnie's monthly payments on the income-based plan will likely be lower than on the standard repayment plan.
Explanation:
I got it wrong and it gave me the answer
Answer:
See explanation below for answer.
Explanation:
In the case of the United States debt to China, the bank in this case is China because, following the analogy in the question, the person entity that lends money to another is the "bank".
As of December 2019, the United States debt to China stood at $1.07 trillion.
This therefore goes to further buttress the point of China being the bank in the case of them lending money to the United States of America.
Answer:
Explanation:
The journal entry is shown below:
On July 1
Prepaid Insurance A/c Dr $10,480
To Cash A/c $10,480
(Being prepaid insurance is paid)
On December 31
Insurance expense A/c Dr $2,620
To Prepaid Insurance $2,620
(Being prepaid insurance is adjusted)
The computation is shown below:
= $10,480 ÷ 2 years × 6 months ÷ 12 months
= $2,620
