Answer:
The upper limit is 10.1
The lower limit is 9.91
Explanation:
Given that:
The mean fill level (μ) = 10.01 ounces,
Standard deviation (σ) = 0.25 ounces
Number of sample bottles (n) = 20
The limits of the sample mean = 92% = 0.92
α = 1 - 0.92 = 0.08
The z value of 0.04 is the same as the z value of 0.46 (0.5 - 0.04). From the probability distribution table:
The margin of error (e) is given by:
The upper limit = μ + e = 10.01 + 0.1= 10.1
The lower limit = 10.01 - 0.1 = 9.91
Answer:
The correct answer is b. Adjusting revenues to only include organic revenue growth.
Explanation:
One of the quantitative planning techniques is the projection of financial statements or also called pro forma statements.
The applications that can be had among others are the following:
Know how the year will end for tax purposes in terms of income and deductions in order to make decisions before the end of the year.
Another application will be to know the external financing needs for the period you want to know.
The most common and practical method of projecting financial statements is based on sales.
