Answer:
[ $591.08, $1101.32 ]
Explanation:
Given:
Sample space = 200
Mean price = $846.20
Standard deviation, σ = $1,840.80
Confidence level = 95%
Now,
Confidence interval is given as:
⇒ Mean ± 
here, z value for 95% is 1.96 from the standard z table
Thus,
Confidence interval
⇒ $846.20 ± 
or
⇒ $846.20 ±
or
⇒ $846.20 ± 255.12
or
⇒ [ $846.20 - 255.12, $846.20 + 255.12 ]
or
⇒ [ $846.20 - 255.12, $846.20 + 255.12 ]
or
⇒ [ $591.08, $1101.32 ]
Answer:
B. Remeasurement.
Explanation:
Remeasurement -
It is the process in which the values of a physical asset or company;s financial statements or the foreign currency , are re - evaluated .
It is the method to of reestablishing the value of the item , in a few situation ,
The first is the land , as the value of the land changes a lot and and can not be reflected in the balance sheet correctly .
The advantage of Remeasurement is to maintain accuracy in the record data .
Hence ,
from the question ,
The correct term for the given data is ( b ).
There is no incentive for firms to enter or exit the industry in the long run when there is a competitive equilibrium or perfect competition. Perfect competition is when the market price of an item is controlled by the buyers and the sellers. There are tons of people wanting to buy and selling similar products and the are all equally fighting for the same target market.
A decline in interest rates is expected to put the economy in recession. This is because with less interest comes less money earned and less spending as a result.
