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photoshop1234 [79]
1 year ago
12

(6 points) Life rating in Greece. Greece faced a severe economic crisis since the end of 2009. Suppose a Gallup poll surveyed 1,

000 randomly sampled Greeks in 2011 and found that 24% of them said they would rate their lives poorly enough to be considered "suffering." Round all answers to four decimal places. 1. What is the population parameter of interest? A. The score on the survey that corresponds to suffering. B. The actual proportion of Greeks who believe they are suffering. C. The 25% of Greeks in the sample who believe they are suffering. D. All the people who live in Greece. 2. What is the value of the point estimate of this parameter? 3. Construct a 95% confidence interval for the proportion of Greeks who are "suffering." ( , ) 4. If we decided to use a higher confidence level, the confidence interval would be: A. wider B. narrower C. stay the same 5. If we used the same confidence level with a larger sample, the confidence interval would be: A. wider B. narrower C. stay the same
Business
1 answer:
miv72 [106K]1 year ago
3 0

Answer:

1. B. The actual proportion of Greeks who believe they are suffering.

2. This is the proportion of Greeks in the sample considered, i.e p = 0.25

3. n = 250 phat - 25% — 0.25 z score - 5%/2 —  2.5 on each end — z = 1.9 se - use formula - .0470.25 +/- 1.9 x .027+: .3675 -: .1325.

4. A. wider

5. B. narrower

Explanation:

In this question, it is essential to estimate the actual population of Greeks that believe they are extremely poor and also suffering. This will be used for proper sampling. Furthermore, in the sample considered, it was discovered that the parameter point estimate is approximately 25% and a change in the sample size or confidence level will alter the interval.

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Miranda purchased 425 shares of Dagofi Radar stock at $14.15 apiece. She earns $374.00 in dividends every year. What is the yiel
rodikova [14]
We are asked to evaluate the yield of the whole stock, not just one share. We have that Miranda has paid in total 425*14.15=6013.75$ to acquire the shares (total stock). The yield of an asset is its profit per year over its cost. In this specific case, we have that the yield is 374/6013.75. The result of this calculation is choice a.
7 0
1 year ago
Read 2 more answers
A society can produce two goods: donuts and beer. The society's production possibility frontier is negatively sloped and "bowed
monitta

Answer:

c. increases

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

The production possibility frontier is graph that shows the two combinations of goods that an economy can produce given its resocurces.

As the production of donuts increases, the amount of beers that would be forgone in order to increase production of donuts rises.

I hope my answer helps you

5 0
2 years ago
Thad works for a small company as its marketing director. The company is creating a new product to introduce to the market for s
RideAnS [48]

The correct answer is; The place or distribution of the paint .

Further Explanation:

There are a total of four things that make up the marketing mix. They are known as the 4P's in business and they are very important for the businesses to follow. The four marketing mixes are;

  1. Price
  2. Product
  3. Promotion
  4. Place

Since Thad has already spoken to the customers and has gotten their feedback he will not need the promotion. He has the customers input on colors, names, and expectations. He has also decided on a price, so he doesn't need to focus on that point anymore. However, <em>he has not determined the place or the distribution of his paint. He will need to focus on the place he will sell his paint. </em>

Learn more about marketing mix at brainly.com/question/859394

#LearnwithBrainly

4 0
1 year ago
You are managing a project to build an urgent care clinic. Your company is expanding and has constructed 25 clinics so far. Whic
Dmitry_Shevchenko [17]

Answer:

Delphi technique

Explanation:

The Delphi model is a technique of group communication in which a panel of experts reach consensus on a set of questions and discussions. This is used to predict or to forecast. First, choose an effective facilitator and experts with relevant expertise, and ensure that the issue is well established after that they reach with a decision

Therefore in the given case, the delphi technique is used

6 0
1 year ago
High Brow Express deals strictly with two customers. The payment from Customer A averages $537,400 and has a collection delay of
Marizza181 [45]

Answer:

The answer is E.

Explanation:

Total payment from customers is:

$537,400 + $737,500

= $1,274,900

Weighted average delay from customer A is:

($537,400/$1,274,900) x 3

=1.26 days

Weighted average delay from customer B is:

($737,500/$1,274,900) x 1

=0.58 day

Therefore, total weighted average delay is:

1.26 days + 0.58 day

=1.84days

5 0
1 year ago
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