1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Salsk061 [2.6K]
3 years ago
7

The WPC Sports Company has noted that the size of individual "customer order" is normally distributed with a mean of $100 and st

andard deviation of $12. If a soccer team of 16 players were to make the next batch of orders, what would be the standard error of the mean?
Business
1 answer:
nikdorinn [45]3 years ago
7 0

Answer:

Standard error of the mean = 3

Explanation:

Given:

Mean Distribution = $100

Standard deviation = $12

Total number of player = 16 player

Standard error of the mean = ?

Computation of standard error of the mean:

Standard error of the mean = Standard deviation / √ Total number of player

Standard error of the mean = 12 / √16

Standard error of the mean = 12 / 4

Standard error of the mean = 3

You might be interested in
Suppose that the federal government places a binding price floor on chocolate. To help support the price floor, the government p
Pavlova-9 [17]

Answer And Explanation:

a) Quantity of chocolate demanded by consumers will decrease

This is because there is a minimum price which makes product more expensive. The higher the price, the less the quantity demanded

b) Quantity of chocolate supplied by producers will increase

This is because price has increased with the government's price floor. The higher the price, the higher the quantity supplied.

c) Quantity of chocolate purchased by the government will increase

This is because there is surplus supply and therefore government would need to buy more to support the price floor and buy leftover chocolates in the market

7 0
3 years ago
Which ICS functional area tracks resources, collects and analyzes information, and maintains documentation?
igor_vitrenko [27]

Answer:

The correct answer is a) planning

Explanation:

The functional area that tracks resources,  collects and analyzes information, preparing incident action plans, documenting incident action plans and maintains documentation is the planning section.

And is supervised for the section chief of this ICS functional area

8 0
3 years ago
Colby runs a start-up that sells seasonal holiday packages. He leads a team of 10 people. Every time his customers are happy wit
Westkost [7]

Answer:

bureaucratic control

Explanation:

Bureaucratic control is a management style that tries to control the behavior and performance of the employees through reward or price mechanisms.

In order to achieve its purpose, bureaucratic style managers use a system of standardized rules, processes and verification procedures.

3 0
3 years ago
my company states integrity as a core commitment on its website. i see fraud occurring often in my division of the company. whic
zlopas [31]

The archetype describes this company: <u>A. gap between espoused values and behaviors.</u>

<u />

A company is a prison entity shaped by using a group of individuals to interact in and perform an enterprise—business or commercial—organization. An enterprise can be organized in diverse approaches for tax and financial liability purposes relying on the corporate law of its jurisdiction.

There are 3 commonplace kinds of corporations—sole proprietorship, partnership, and organization—and each comes with its very own set of benefits and downsides. In easy terms, the reason for an enterprise is to have a significant imagination and prescient after which to be worthwhile in accomplishing it. And we should qualify “profitable”: profitability means long-time period sustainable returns, and each word in that phrase is vital.

Learn more about company here:

brainly.com/question/25818989

#SPJ4

7 0
1 year ago
Suppose the government wants to change the level of output. If the LM curve is horizontal, then
Feliz [49]

Answer:

  • a. monetary policy is completely ineffective, whereas fiscal policy is highly effective.
  • a. monetary policy is completely ineffective, whereas fiscal policy is highly effective.

Explanation:

When the LM curve is horizontal, a change in money supply will not impact interest rates which would make monetary supply completely ineffective because people will be able to keep borrowing regardless of the money supply level in the economy.

If the IS curve is vertical, it means that output is independent of interest rates. This would again render monetary supply completely ineffective as output will not change as a result of a change in money supply. Fiscal policy will still work however because it would lead to more output being created via the multiplier process.

7 0
3 years ago
Other questions:
  • The restocking level increases as the service level falls. <br> a. True <br> b. False
    6·1 answer
  • Which core competency of the Lean Enterprise focuses on building quality in?
    8·1 answer
  • A farmer grows wheat, which she sells to a miller for $100. the miller turns the wheat into flour, which she sells to a baker fo
    13·1 answer
  • Experience in the workplace builds a foundation for becoming an entrepreneur in all the following ways EXCEPT
    13·2 answers
  • Suppose that new computer software for accounting and analysis at a business has a useful life of only one year and costs $200,0
    6·1 answer
  • What is the Internet?
    15·2 answers
  • A company has designed a new product and tested the prototype. what is the next step in product development?
    8·1 answer
  • You are a finance intern at Chambers and Sons and they have asked you to help estimate the company's cost of common equity. You
    6·1 answer
  • Each of these is a key topic to consider when researching a potential employer. company products or services, company customers,
    6·1 answer
  • Which best describes the relationship between total utility and marginal utility?.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!