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lys-0071 [83]
2 years ago
7

A random sample of 81 automobiles traveling on a section of an interstate showed an average speed of 60 mph. The distribution of

speeds of all cars on this section of highway is normally distributed, with a standard deviation of 13.5 mph. Refer to Exhibit A. If we are interested in determining an interval estimate for μ at 86.9% confidence, the z value to use is _____.
a. 1.96
b. 1.31
c. 1.51
d. 2.00
Business
1 answer:
rjkz [21]2 years ago
4 0

Answer:

so correct option is c. 1.51

Explanation:

given data

random sample n = 81

average speed x = 60 mph

standard deviation σ = 13.5 mph

interval estimate  μ =  86.9%

to find out

the value of the z

solution

we have given  μ =  86.9%

so we get here z critical value for the confidence level =  86.9 %

we will use here standard normal table

so z value for 86.9% is 1.51

so correct option is c. 1.51

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The action by Massachusetts farmers who were protesting debt collections, foreclosures, and taxes and which raised concern among
amid [387]

Answer:

Shay's rebellion

Explanation:

Shay's rebellion occurred in 1786 and was led by a former army captain, Daniel Shay.

<u>The rebellion was a form of protest against government policies such as foreclosure of farmlands, debt payments and taxes.</u>

The rebellion, along with some other events occurring at the time raised doubts about the Articles of Confederation and its ability to protect the Republic.

5 0
2 years ago
Read 2 more answers
Is Faraj legally required to pay this additional amount in this case? Melissa Faraj owns a lot and wants to build a house accord
lubasha [3.4K]

Answer:

The issues that arises between the Faraj and Siegel can be discussed by three different groups in resolving the contract agreement.

Note: Kindly find an attached copy of the complete question below.

Explanation:

Solution

In this case between Faraj and Siege'ls building contractors the following issue are discussed by three groups as follows:

(1) The contractor can increase the price of finishing construction based on inflation and the cost of raising materials during inflation prices for the materials increases or goes up and this will affect the customer gradually.

(2) Faraj will not pay the additional amount requested by Siegel because according to the contract the amount she has to pay is $153,000

(3) Issues or problems that might come up during construction is listed below:

  • Poor communication
  • Not feasible or impractical forecasting
  • The unavailability of structure

3 0
2 years ago
Barry and his wife Mary, have accumulated over $3.5 million during their 50 years of marriage. They have three children and five
Olegator [25]

Answer:

$224,000

Explanation:

The money which Berry and Mary gift to their children and grand children in 2017 without any gift tax liability is as follows:

Children:

According to the policy, they can gift up to $14,000, without gaining any gift tax liability.

So, amount given by them is $14,000 x 3 (number of children) x 2 (Barry and Mary) = $84,000

Grandchildren :

According to the policy, Barry and Mary can gift up to $14,000 without gaining any gift tax liability.

So, amount given by them is $14,000 x 5(number of children) x 2 (Barry and Mary) = $140,000

And therefore, the total amount of estate removed from Barry and Mary's estate is as follows:

$84,000 + $140,000 = $224,000

7 0
2 years ago
Sammy's Pizza had the following financial information for the year as follows ($ in millions):
daser333 [38]

Answer:

Net Cash flow from Investing activities -$1,900

Explanation:

Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

Cash flow from Investing activities  

Purchase equipment - $5,400

Sale of land $3,500

Net Cash flow from Investing activities -$1,900

All other transactions are related to the operating and financing activities. Hence ignored it

7 0
2 years ago
It will cost $7,000 to acquire an ice cream cart. Cart sales are expected to be $3,600 a year for three years. After the three y
Stels [109]

Answer:

It will take 2 years and 344 days to cover for the initial investment.

Explanation:

Giving the following information:

Initial investment= $7,000

Cash flow year 1 trough 3= $3,600

<u>The payback period is the time required to cover for the initial investment:</u>

Year 1= 3,600 - 7,000= -3,400

Year 2= 3,600 - 3,400= 200

<u>To be more accurate:</u>

(3,400/3,600)*365= 344

It will take 2 years and 344 days to cover for the initial investment.

8 0
2 years ago
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