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NemiM [27]
2 years ago
7

Engineers at a tire manufacturing company investigated the effect of a new rubber compound on the tire life of a certain brand o

f tires. From a sample of 16 tires, the engineers constructed a 99 percent confidence interval for the mean tire life, in miles, as 62,550±2,026. Suppose the company intends to claim a maximum tire life for advertising purposes. Based on the interval, of the following, which is the maximum plausible value for the mean tire life, in miles?
Business
1 answer:
Naya [18.7K]2 years ago
7 0

64,576 miles.

Explanation:

When the companies advertise their new products they want to present the product in the best possible light as possible. This is due to edging out the competition as in many products small details make a huge difference. The same is the case with the tires and their endurance. The longer way a set of tires takes you the better, since they are expensive product so changing them less often is very beneficial.

In this case, the interval for the mean tire life varies by 2,026 from 62,550, both up and down. The minimum will be 60,524 miles, while the maximum a tire can pass is 64,576. The company will of course go for the maximum value to make the product look as attractive and as good as possible to the customers.

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Restore Construction Company enters into a contract to remodel Sam’s Home Store, agreeing to use only products from United Build
BlackZzzverrR [31]

Answer:

Sam’s Home Store can enforce the contract against Restore Construction Company

Explanation:

In contract law, only the parties involved in a contract can take action to enforce the contract. In this case Sam' Home Store signed the contract with Restore, so they can enforce it. Any third party beneficiaries from the contract, like United Building Supplies, are not entitled to enforce anything.

6 0
1 year ago
On January 1, 2017, Leo paid $15,000 for 5 percent of the stock in BLS, an S corporation. In November, he loaned $8,000 to BLS i
Elina [12.6K]

Answer:

NONE

Explanation:

The BLS investment do not qualifies to use the equity-method as his percent of  the comany's are below 20%

The investment will yield a gain for Leo when it distribute dividends and from the change in the market value of the share.

Their investment is valued at cost, it do not recognize gains for the company's income or losses.  

6 0
1 year ago
As the human resource manager for her firm, Candace is responsible for identifying and attracting qualified applicants for avail
kozerog [31]

Answer:

Recruiting is the correct answer.

Explanation:

Recruiting is the process that includes the following process such as shortlisting, hiring qualified candidates for the vacant post, selecting within an organization.

Recruiting is a role is to designing works details, screening candidates, finding required candidates through social media, by conducting an interview, by databases.

7 0
1 year ago
The local newspaper receives several complaints per day about typographic errors. Over a seven-day period, the publisher has rec
natima [27]

Answer:

c-chart

Explanation:

Since the newspaper register the number of daily errors, differentiating between different days, the publisher should use a c-chart.

The c-chart is a type of control monitors "count"-type data (number of typographic errors in a paper), it is also useful for counting the number of unconformities on each unit (each day of publishing). Therefore, the c-chart is the most recommended.

4 0
1 year ago
The unit price of a 128-ounce jug of milk is 4.8 cents per ounce. A 64-ounce carton of milk has a unit price of 5.1 cents per ou
marshall27 [118]

Answer: The awnser is $0.38

8 0
2 years ago
Read 3 more answers
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