Answer:
The geometric mean growth rate of sales is 1.4422.
Step-by-step explanation:
We have two sales values, one from 6 years ago and the other from now.
We have to calculate the geometric growth rate of sales.
We have:
We can write the relation between these two values as:
The geometric mean growth rate of sales is 1.4422.
Answer:
E= 6.45
standard deviation is σ = 15,
The critical value is z(α/2) = 2.58.
Step-by-step explanation:
Margin error is the value that is lie above and below the sample.It gives percentage of numbers.Its is the product of critical value standard deviation and standard error of statistic.
General formula for the margin of error is
Margin of error = critical value × standard error of statistic
= × σ √n
z-value from two tailed is listed below:
From the table of standard normal distribution, probability value of 0.10.
row and column values gives the area to the two tail of z.
The positive z value is 2.58.
standard deviation is σ = 15,
The critical value is z(α/2) = 2.58.
after putting these vales we obtain the margin of error value that is
E= 6.45
Answer:
D. StartFraction negative 1 + StartRoot 3 EndRoot Over 2 EndFraction
Step-by-step explanation:
Multiply numerator and denominator by the conjugate of the denominator. Then the denominator is the difference of squares, which will be rational. This simplification is called "rationalizing the denominator."
Answer:
The quick ratio is 4.75:1.
Step-by-step explanation:
From the given information it is clear that:
Cash = $340,000
Inventory = $280,000
Accounts receivable = $40,000
Accounts payable = $65000
Other current liabilities = $15000
Formula for quick ratio:
Substitute Cash = 340000, Current receivables=40000, Current Liabilities= (65000+15000).
Therefore the quick ratio is 4.75:1.