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alex41 [277]
1 year ago
10

The united states department of agriculture (usda) found that the proportion of young adults ages 20–39 who regularly skip eatin

g breakfast is 0.238. suppose that lance, a nutritionist, surveys the dietary habits of a random sample of size n=500 of young adults ages 20–39 in the united states.
Business
1 answer:
Sunny_sXe [5.5K]1 year ago
7 0

Answer:

probability  = 0.3557

Explanation:

given data

young adults ages =  20 to 39

skip eating breakfast p = 0.238

random sample of size n = 500

to find out

we find the probability that the number of individuals in Lance's sample who regularly skip breakfast is greater than 122

solution

we use here Normal Approximation to Binomial Distribution

so first consider random variable = x

so

x~ Bin (n,p)   .............1

and here Normal Approximation will be

x~ Normal Approx (np, npq)    .................2

so it will be

x~ (500, 0.238)  

as here we know q will be

q = 1 - p

q = 1 - 0.238

q = 0.762    .............3

so

here x~ Normal Approx (119, 90.678)

and now we get P(X > 122)

so

We will convert it to Z by as that

z = \frac{x-\mu}{\sigma}     ................4

and here

mean  \mu = np

and standard deviation \sigma =  \sqrt{npq}

so here for P(X > 122)

P(\frac{X-\mu}{\sigma}>\frac{122-119}{\sqrt{90.678}})     ............5

and it is  P(Z>0.37)

so

probability  = 1 - P(Z<0.37)

now we use here z table for value

probability  = 1-0.6443

probability  = 0.3557

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Nostrana [21]

Options;

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  • Client Overview > Company Setup
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7 0
1 year ago
Pouch Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.84 direct labor-
Sunny_sXe [5.5K]

Answer:

$31,584

Explanation:

Pouch Corporation

Direct Labor Budget June July Total

Required production in units

2,100 1,900

Direct labor-hours per unit

0.84 0.84

Total direct labor-hours needed

1,764 1,596

Direct labor cost per hour

$9.40 $9.40

Total direct labor cost

$16,581.60 $15,002.40 $31,584

Required production in units×Direct labor-hours per unit =Total direct labor-hours needed

Total direct labor-hours needed×Direct labor cost per hour =Total direct labor cost

$16,581.60 + $15,002.40 = $31,584

8 0
1 year ago
Pitt Enterprises manufactures jeans. All materials are introduced at the beginning of the manufacturing process in the Cutting D
andreyandreev [35.5K]

Answer:

(E) 225,000; 195,000

Explanation:

Provided information,

Method used = FIFO

Provided units in opening as well as closing are 100% complete with respect to materials.

Opening = 50,000 units for $70,500 which were 100% complete with respect to material

During the month = 225,000 units for $342,000

Since both are 100 % complete for materials

Equivalent units for materials for the month = 225,000 = 225,000 units

Provided for conversion cost

Opening = 50,000 which is 40% complete, that means 60% was not complete which is completed during the month

= 50,000 \times 60 % = 30,000 units during the month

225,000 units newly added this month out of which 150,000 units are completed

Remaining 75,000 units are 20% complete for conversion cost = 75,000 \times 20% = 15,000 units completed.

Equivalent units completed during the month = 30,000 from opening + 150,000 + 15,000 = 195,000 units

Therefore correct option is

(E) 225,000; 195,000

8 0
2 years ago
Suppose GDP in an economy is $3,542 billion. Personal Consumption Expenditures (C) are $2,343 billion, Government Spending (G) i
aleksandrvk [35]

Answer: -$45 billion.

Explanation:

Net Exports refers to Exports out of a country less imports into the country and it is a component of GDP using the Expenditure method. The other components include Government Spending, Investment and Consumption all of which are given in the above question.

The Net Exports are therefore;

GDP = Consumption + Investment + Government Spending + Net Exports

3,542 = 2,343 + 865 + 379 + Net Exports

3,542 = 3,587 + Net Exports

Net Exports = 3,542 - 3,587

Net Exports = -$45 billion

The Net Exports are negative which means that more goods were imported than were exported.

6 0
1 year ago
Three years ago, law school admits deciding whether or not to attend the schools they were admitted to typically underestimated
____ [38]

Answer:

Answer) 1)The lower supply of lawyers will lead to high salaries, and current law school admits will be more likely to decide to attend

Explanation:

Simple demand and supply logic can be used to reflect that as the supply of lawyers is lower, price (salaries of lawyers) will be higher and it will force the students to join law classes for higher salaries after completion of the programme.

3 0
1 year ago
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