A statistical software company is planning on updating Version 8.1 of its software and wants to know what features are most impo
rtant to users. The company's managers have the email addresses of 10000 individuals, mostly faculty at universities, for whom they have supplied free courtesy copies of Version 8.1. They email these 10000 individuals and ask them to complete a survey online. A total of 183 of these individuals complete the survey.
(a) What is the population of interest to the software company?
A. the 183 individuals who complete the survey
B. the 10000 individuals contacted
(a) What is the population of interest to the software company?
A. the 183 individuals who complete the survey
B. the 10000 individuals contacted
1 answer:
Answer:
Answer for the question:
A statistical software company is planning on updating Version 8.1 of its software and wants to know what features are most important to users. The company's managers have the email addresses of 10000 individuals, mostly faculty at universities, for whom they have supplied free courtesy copies of Version 8.1. They email these 10000 individuals and ask them to complete a survey online. A total of 183 of these individuals complete the survey.
(a) What is the population of interest to the software company?
A. the 183 individuals who complete the survey
B. the 10000 individuals contacted
is given in the attachment.
Explanation:
You might be interested in
Answer and Explanation:
The answer is attached below
If the graph represented a perfectly competitive industry, then the quantity of output produced would be 160 units.
<h3 /><h3>What is the quantity produced in a perfectly competitive industry?</h3>Companies in any industry would try to maximize their profit by producing at a point where marginal revenue is the same as marginal cost.
This is the same in perfectly competitive industries like the ones shown in the graph.
The difference is that, in a perfect competition market, the demand curve is the same as the price which is also the same as the marginal revenue curve.
This means that the point of maximizing profit in a perfectly competitive industry is:
P = MR = MC
The point where the Marginal revenue curve intersects with the Marginal cost curve is 160 units as the marginal revenue curve is the demand curve.
In conclusion, the output would be 160 units.
Find out more on maximizing production at brainly.com/question/24860119
#SPJ1
