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Finger [1]
3 years ago
5

Why do companies sell on credit if they expect uncollectible accounts?

Advanced Placement (AP)
1 answer:
Kobotan [32]3 years ago
3 0
Companies believe that granting credit will increase total sales and net income enough to offset bad debits.
-
Hope this helps!
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A large food distributor claims that 45% of all individuals who purchase eggs from its grocery stores choose standard white eggs
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The conclusion based on the statistics is that 45% of all individuals who purchases eggs from its grocery store choose white eggs

<h3>How to illustrate the information?</h3>

It should be noted that the information given illustrates that the null alternative hypothesis have been illustrated.

The level of significance is 0.05. The test statistic will be 6.92. Therefore, the degree of freedom will be:

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Therefore, from the chi square table, the critical value is 7.815. Since the test statistic is less than the critical value, we fail to reject the null hypothesis

Therefore, the conclusion is that 45% of all individuals who purchases m eggs from its grocery store choose white eggs.

Learn more about statistics on:

brainly.com/question/15980493

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