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Rom4ik [11]
2 years ago
9

(18.20) the coach of a college men's soccer team records the resting heart rates of the 27 team members. you should not trust a

confidence interval for the mean resting heart rate of all male students at this college based on these data because
Business
1 answer:
drek231 [11]2 years ago
7 0

Answer:

Explanation:

The coach of a college men’s soccer team records the resting heart rates of the 27 team members. You should not trust a confidence interval for the mean resting heart rate of all male students at this college based on these data because;

(a) with only 27 observations, the margin of error will be large.

(b) heart rates may not have a Normal distribution.

(c) the members of the soccer team can’t be considered a random sample of all students.

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A cell phone company has launched a new cell phone with advanced features. Which promotional strategy would be the best for the
ludmilkaskok [199]

Answer:

C. Place advertisements on social media

Explanation:

The promotional strategy that would be best suited for a new cell phone with advanced features is advertisment on social media because it is meant for targeted audience.

Although radio advertisement covers a wider range of audience, social media advertisement will be the best for the above scenario because it covers targeted audience and also perspective buyers would like to see sample of those features which will not be possible in radio advertisement.

There are various social media platforms like Instagrams, linkedln etc where these products can be advertised and the advanced features seen by targeted audience before placing an order.

6 0
2 years ago
Read 2 more answers
How can inequality or discrimination hurt an economy's ability to maximize its human capital?
inessss [21]
Well, if people are discriminated against and feel they are not equal to some other classes in their own society, they obviously will not be happy which will have an impact on their jobs and careers. If they are not happy, they will not give their full potential at their jobs, which will ultimately lead to less and less income for the company.
That's what I think, at least. :)
3 0
1 year ago
Read 2 more answers
The following data were gathered to use in reconciling the bank account of Reddan Company: Balance per bank $25,750 Balance per
stiv31 [10]

Answer:

Adjusted balance per bank reconciliation $ 24,295

Explanation:

Computation of adjusted balance per bank reconciliation

Balance per bank statement                                                   $ 25,750

Add: Deposits in transit                                                           $   2,300

Less: Outstanding checks                                                       <u>$ (  3,755)</u>

Adjusted balance per bank statement                                   $ 24,295

Balance per cash book                                                            $ 19,140

Less: Bank Service Charges                                                    $ (     45)

Add: Note collected by bank                                                  <u> $ 5,200</u>

Adjusted balance per cash book                                            $ 24,295

The deposits in transit and the outstanding checks have not been incorporated in the bank statement so adjusted  to the bank statement balance

The bank service charges and the direct collection by the bank of the note receivable have not been incorporated in the cash book hence adjusted.

6 0
2 years ago
Records at Hal’s Accounting Services show the following costs for year 1. Direct materials and supplies $ 40,000 Employee costs
ruslelena [56]

Answer:

See answers below

Explanation:

a. Direct materials & supplies  $40,000 = $40,000 × 110%

= $44,000 × 20,000/25,000

= $35,200

Employee costs = $2,900,000 × 105%

= $3,045,000 × 20,000/25,000

= $2,346,000

Variable overhead = $600,000 × 100%

= $600,000 × 20,000/25000

= $480,000

Fixed overhead = $700,000 × 105%

= $735,000

b. Total costs per unit year 2 =

$3,596,000 / 20,000

= $179.81

6 0
2 years ago
It is common for supermarkets to carry both generic (store-label) and brand-name (producer-label) varieties of sugar and other p
dsp73

Answer:

a. Do these preferences exhibit a diminishing marginal rate of substitution?

  • no, because the consumer is actually purchasing a higher amount of goods, the only difference is that they are paying a lower price.

Assume that this consumer has $24 of income to spend on sugar, and the price of store-brand sugar is $1 per pound and the price of producer-brand sugar is $3 per pound.

  • The consumer will purchase 24 pounds of price of store sugar simply because the price is much lower, not because he/she wants to consume less. Actually a lower price might result in an increase of consumption.

b. How much of each type of sugar will be purchased?

  • If the consumer is willing to spend the whole $24 on sugar, he/she will purchase 24 pounds of store brand sugar. The alternative is to buy 8 pounds of producer brand sugar, and that is not a good deal.

c. How would your answer change if the price of store-brand sugar was $2 per pound and the price of producer-brand sugar was $3 per pound?

  • The consumer would purchase 12 pounds of store brand sugar instead of 24, but he/she will still not purchase producer brand sugar since the difference in price is still too high. Remember that consumers view both types of sugar as perfect substitutes, so they will purchase the brand with the lower price.
8 0
2 years ago
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