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3 years ago

How do i read margin of error graphs

Business

1 answer:

Lera25 [3.4K]3 years ago

5 0

Question:

How to find margin of error on a graph?

Answer:

The margin of error can be calculated in two ways, depending on whether you have parameters from a population or statistics from a sample:

Explanation:

Margin of error = Critical value x Standard deviation for the population.

Margin of error = Critical value x Standard error of the sample.

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The beginning inventory of SoCal Wholesalers was $121,000, and the ending inventory is $116,500. What entries are needed at the

Sphinxa [80]

Answer and Explanation:

The journal entries that are required to adjust merchandise inventory is given below:

Income Summary $121,000

To Inventory $121,000

(Being eliminate Beginning inventory balance is recorded)

Inventory $116,500

To Income Summary $116,500

(Being the cost of ending inventory is recorded)

These two entries should be recorded for adjusting merchandise inventory

5 0

3 years ago

A teacher has decided to take her fifth grade class to a play. The manager of the theater agreed to discount the regular $35 pr

MArishka [77]

Answer:

40 students

Explanation:

The cost of the bus is $480

For x students, the cost of each ticket will be 35 - 0.30x

The total cost of the tickets for x students will be x(35 - 0.30x)

To find the number of students that will make the cost per student equal to $33, we solve for x:

<u>480+ x(35 - 0.30x)</u> =35

480+ x(35 - 0.30x<u>)</u> = 35x

480 + 35x - 0.30x² = 35x

480 = 0.30x²

1,600 = x²

40 = x

The cost per student will be $35 if the number of students is 40; it will be less than $35 if the number of students is greater than 40.

8 0

3 years ago

Swann Company sold a delivery truck on April 1, 2016. Swann had acquired the truck on January 1, 2012, for $45,500. At acquisiti

olganol [36]

Answer:

Journal Entries

Dr. Cash_________________$11,125

Dr. Accumulated Depreciation $36,125

Cr. Truck ________________ $45,500

Cr. Gain on Disposal ________$1,750

Dr. Cash_________________$7,525

Dr. Loss on Disposal ________$1,850

Dr. Accumulated Depreciation $36,125

Cr. Truck ________________ $45,500

The gain is reported as a realized gain in the income statement after operating income for the period.

The loss is reported as a realized loss in the income statement after operating income for the period.

Explanation:

We need to calculate the depreciation for the 3 months of 2016.

Depreciation for the period = ( ( Initial cost -Residual Value ) / Useful life ) x Time Fraction = ( ( $45,500 -$3,000 ) / 5 ) x 3/12 = $2,125

Book Value on April 1, 2016 = Book Value on December 31, 2015 - Depreciation for 2016 = $11,500 - $2,125 = $9,375

Accumulated Depreciation = Initial cost - Book value = $45,500 - $9,375 = $36,125

Now compare The bok value o sale price to calculate the gain or losss

Gain = Sale Value - Book value = $11,125 - $9,375 = $1,750

Loss = Book Value - Sale value = $9,375 - $7,525 = $1,850

4 0

3 years ago

Which type of incentive makes it more profitable to follow a certain course of action?.

marusya05 [52]

A positive incentive measure is an economic measurement that is designed to promote beneficial activities.

The incentive that makes it more profitable to follow a certain course of action is a positive incentive.

<h3 /><h3>What is a positive incentive? </h3>

A positive incentive defines as a measure is an economic, legal institutional activity that is projected to boost beneficial activities. A positive incentive is a measurement that helps to follow a certain course of action.

It is also defined as the business rewards for producing particular choices or taking definite actions.

<u>Example:</u>

Incentive costs for organic farming, agricultural land set-aside strategies, as well as public or grant-aided land purchases or improvement advantages.

Therefore, the positive incentive makes it more profitable to follow a definite course of action.

Learn more about the positive incentive, refer to:

brainly.com/question/15103242

6 0

3 years ago

1. The primary purpose of a protective put is to: A) ensure a maximum purchase price in the future. B) offset an equivalent call

Grace [21]

Answer: C) limit the downside risk of asset ownership

Explanation:

The protective put is a strategy I risk-management which is utilized by the investors in order to help prevent a loss in an asset or stock.

Protective puts helps to act as an insurance by giving protection from the decline of the price of the asset.

6 0

3 years ago