If $535 is invested at an interest rate of 6% per year and is compounded continuously, how much will the investment be worth in
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The false statements about the projected unit sales volumes per company in the table is that the projected unit sales volumes of branded footwear per company in Europe-Africa in Years 11-13 are higher than in North America.
<h3>What are projected sales?</h3>The projected sales is known to be a form of an approximate or an estimate of how much revenue a firm is said to expects to earn by a target point in the nearby future.
Based on the study, the market for branded athletic footwear is said to have projected to grow an estimate of 9-11% annually in Latin America and the Asia-Pacific while an estimate of 5-7% annually in North America an Europe-Africa in the Year 11-15.
The statement is false because the projected estimate in terms of branded footwear in year 13 was higher in North America than in Europe-Africa.
See option below
A. The projected unit sales volumes of branded footwear per company in Europe-Africa in Years 11-13 are higher than in North America.
B. Branded footwear sales per company in North America in Years 11-13 are projected to exceed branded footwear sales per company in the other three geographic regions.
C. The unit sales volumes of private-label footwear per company in the Europe-Africa region in Years 11-13 are projected to be the same as in North America.
D. Unit sales volumes per company of branded footwear in Years 11-13 are projected to be higher in the Europe Africa region than in either the Asia-Pacific region or the Latin America region.
E. The unit sales volumes per company in Latin America in Year 13 are projected to be 1,997,000 pairs of branded footwear and 288,000 pairs of private-label footwear
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To solve this problem, first we have to determine the z statistic. The formula is
where x is the test point which is 8.019, the mean is 8 mph, s is the standard deviation which is 3.813 and n is the number of data which is 1114. Then,
Next, we find the p-value for the particular z. p-value is used in hypothetical test. Using a wind turbine would be the null hypothesis. From the standard normal table found in any statistics book, the p-value for z<0.17 is 0.5675. If the p-value is greater than 0.05, then you do not reject the null hypothesis.
Therefore, the landowner could use a small turbine at the site.
where x is the test point which is 8.019, the mean is 8 mph, s is the standard deviation which is 3.813 and n is the number of data which is 1114. Then,
Next, we find the p-value for the particular z. p-value is used in hypothetical test. Using a wind turbine would be the null hypothesis. From the standard normal table found in any statistics book, the p-value for z<0.17 is 0.5675. If the p-value is greater than 0.05, then you do not reject the null hypothesis.
Therefore, the landowner could use a small turbine at the site.