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lys-0071 [83]
1 year 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]1 year 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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Total quality management (tqm) emphasizes all but which one of the following?a. Team-based work design and the creation of a tot
Sindrei [870]

Answer:

c. Involvement and empowerment of employees at all levels

Explanation:

Total quality management refers to managing the organization in order to develop a success in the long run by considering the low level workers to the high level executive, and at the same time focused on quality improvement and the customer satisfaction

Here are the following points to become important for an organization

1. Quality improvement, management leads to long term success for organization and customers

2. The deficiencies could be determined by performing the work and can be corrected through providing the training, education, etc

3. If the product contains high quality that meet the needs of the customers than it would lead to high customer satifaction

4. And, in case if there is few defective product so the company is in a position to save the cost

5 0
2 years ago
What register task requires the sales associate to inspect the item before accepting it? A. Applying a discount B. Processing a
LUCKY_DIMON [66]

I am thinking its most likely A.

8 0
1 year ago
Read 2 more answers
C&A sells T-shirts for $20 that cost $5 to produce. The annual holding cost percentage is 10% and the T-shirts turn 25 times
ad-work [718]

Answer:

$0.02

Explanation:

C&A sells T-shirts for $20 that cost $5 to produce

The annual holfing cost percentage is 10%

The T-shirts turn 25 times a year

The first step is to calculate the holding cost

= $5 × 10/100

= $5 × 0.1

= 0.5

Therefore, since the T-shirts turn over 25 times a year then, the holding cost that C&A incurs for each T-shirts can be calculated as follows

= 0.5/25 times

= $0.02

Hence C&A incur a holding cost of $0.02 for each T-shirts

4 0
2 years ago
An organization that has a relatively diverse employee population and makes an effort to involve employees from different gender
vovikov84 [41]

Answer: Pluralistic organization

Explanation: Pluralistic organization is an organization that is made up of diverse group of people,it may include people of different race, gender, Sociocultural background and makes efforts to ensure that they maintain harmony,pluralistic organization is essential for global Integration and it is practiced by most international organization like the United Nations, World health organization and business entities.

6 0
2 years ago
On May 1, 2018 ABC Corporation purchased $1,500,000 of 12% bonds, interest payable on january 1 and july 1, for $1,406,500 plus
marishachu [46]

<u>Solution:</u>

<u>1. Entry for May 1, 2018: </u>

Date Account Titles and Explanation       Debit                     Credit  

1-May-18 Available-for-Sale Securities $1,406,500  

Interest Revenue                                 $60,000  

Cash                                                               $1,466,500  

(To record purchase of 12% bonds)  

Available-for-Sale Securities               $1,375  

Interest Revenue                                                            $1,375  

(To record inerest expense)  

Cash                                              $15,000  

Interest Revenue                                                            $15,000  

(To record interest expense on date of sale - August 1, 2018) )    

Cash                                               $1,412,500  

Available for sale- securities                                     $1,406,500  

Gain on sale of securities                                        $6,000  

<u>Calculations are as follows:</u>

Amortization = $1,500,000 - $1,406,500 = $93,500

The bond period is for 5 years 8 months = 68 months

Hence monthly interest revenue = $93.500 divide by 68 = $$1,375

Interest revenue = 1,500,000 multiply 12% multiply 1/12 = &18.000

7 0
1 year ago
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