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2 years ago

Name and explain money notes

Business

1 answer:

Alborosie2 years ago

6 0

Answer:

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context.[1][2][3] The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.[4][5] Any item or verifiable record that fulfils these functions can be considered as money.

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Evaluate how organizations can use one-sample hypothesis testing to determine if there are performance issues in the organizatio

Lilit [14]

Answer:

Explanation:

For example: Suppose you want to check the average working hour of employees. You may think that the average duration of an employees is 7.6 hours. You want to check this claim so you collect a sample of 20 employees and note their duration of work. (please check attached file for this, and continue)

NULL HYPOTHESIS H0:u= 7.6 HOURS

ALTERNATIVE HYPOTHESIS Ha: ≠7.6 HOURS

alpha=0.05

t= 7.765-7.6/1.25/sqrt(20)

t= 0.165/1.25/4.47

t= 0.165/0.28

t= 0.589

degrees of freedom= n-1=20-1=19

t critical = 2.09

Since t critical is GREATER than t calculated therefore we fail to reject null hypothesis H0.

From this we can conclude that We don't have enough or sufficient evidence to say that the mean working duration is different than 7.6 hours.

5 0

3 years ago

A bank developed a model for predicting the average checking and savings account balance as balance = -17,732 + 367 * age +1300

Ann [662]

We are given with the equation
<span>balance = -17,732 + 367 * age +1300 *years education + 0.116 * household wealth

</span>-17,732 is a constant amount credited from the savings acount
367 is the amount saved per year of age
1300 is the amount saved per year of education
0.116 is the amount save per household wealth

6 0

3 years ago

Parker Inc. is obligated to pay its creditors $33,333 very soon. If the market value of the firm's assets equals $49,700, calcul

AnnyKZ [126]

Answer:

The market value of shareholders’ equity is $16,367

Explanation:

In this question, we are asked to calculate the residual value owed to shareholders.

We proceed as follows:

Firstly, we identify the following;

Amount payable to creditors = $33,333

Market value of assets = $49,700

Mathematically,

Market value of shareholders equity = Market value of assets - Amount payable to creditors = $49,700 - $33,333 = $16,367

3 0

3 years ago

Which of the following is the definition of baseline?

Rasek [7]

Answer: Option A

Explanation: In simple words, baseline can be define as the level of some activity that can be considered as the average or normal performance level and be set as a criteria for future purposes. It is seen as an expected performance that will occur every time activity will be performed.

A baseline is a fixed reference point which is not changed occasionally. A base line works as a core factor in planning process as all the objectives will be set according to the baseline determined.

Hence the correct option is A.

8 0

3 years ago

Going 'long' (including more periods) on a moving average forecast is usually most appropriate when: 1. Significant fluctuations

Nata [24]

2. Significant fluctuations in the market would actually be corrected

4 0

3 years ago

Name and explain money notes​

Name and explain money notes