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3 years ago

For practical purposes, sampling with replacement and sampling without replacement are comparable as long as

1 answer:

6 0

For practical purposes, sampling with replacement and sampling without replacement are comparable as long as only a small fraction of the population is sampled,

In sampling with replacement, the two sample values are independent. In sampling without replacement, the two sample values aren't independent.

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A company has a process that results in 34000 pounds of Product A that can be sold for $8 per pound. An alternative would be to

serg [7]

Answer:

After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800

Explanation:

For calculation, following things need to be considered which is shown below:

1. Product A process costing = Pounds × Per pound price

= 34,000 × $8

= $272,000

2. Product A costing after selling = Pounds × sale price per pound

= 34,000 × $14

= $476,000

3. Difference of costing :

= Product A costing after selling - Product A process costing

= $476,000 - $272,000

= $204,000

4. Invested amount = $227,800

5. Actual Difference = Invested amount - costing difference

= $227,800 - $204,000

= $23,800

8 0

3 years ago

Assume that the labor market for retail workers is generally unskilled. If a minimum wage is set in the labor market for retail

bazaltina [42]

Answer:

there will be a surplus of retail workers in this labor market.

Explanation:

In the attached diagram the scenario is illustrated.

When the minimum wage is above the equilibrium wage it means that the minimum wage is above what employees are willing to pay workers. So employees will be less wiling to pay this amount.

There will be a reduction in the number of available slots for workers.

On the other hand workers will receive higher wage than they expected but since the slots for work are now limited there will be a surplus of labour in the market

3 0

3 years ago

For most countries and most firms, the domestic country beta Multiple Choice can be no lower than its world beta. is normally mu

stira [4]

Answer:

Can be no lower than its world beta

Explanation:

For most countries and most firms, the domestic country beta can be no lower than its world beta.

7 0

3 years ago

Bridge Building Company estimates that it will incur $1,200,000 in overhead costs for the year. Additionally, the company estima

Vaselesa [24]

Answer:

Predetermined manufacturing overhead rate= $2 per direct labor dollar

Explanation:

Giving the following information:

Estimated overhead cost= $1,200,000

Estimated direct labor cost= $600,000.

To calculate the predetermined overhead rate, we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,200,000 / 600,000

Predetermined manufacturing overhead rate= $2 per direct labor dollar

7 0

2 years ago

Millie Woods owns and operates a World of Food grocery store. Although her store is independently owned and operated, she has si

trasher [3.6K]

Answer:

wholesaler-sponsored chain.

Explanation:

Based on the information provided within the question it seems that Millie Woods' store is part of a wholesaler-sponsored chain. This refers to the voluntary union of a large quantity of independent stores or organizations into a single chain in order to be able to compete against large organizations. Which is what Millie accomplished by signing agreements with over seventy stores to work in unison.

5 0

3 years ago