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Finger [1]
2 years ago
7

Question Six

Business
1 answer:
Gnom [1K]2 years ago
5 0

Answer:

90% confidence interval estimate of the mean depth of all the frame in the entire consignment is between a lower limit of 105.419 mm and an upper limit of 106.581 mm.

Explanation:

Confidence interval of mean is given as mean +/- margin of error (E)

mean = 106 mm

sample sd = 3.5mm

n is sample size = 100

degree of freedom = n-1 = 100-1 = 99

confidence level (C) = 90% = 0.9

significance level = 1 - C = 1 - 0.9 = 0.1 = 10%

critical value (t) corresponding to 99 degrees of freedom and 10% significance level is 1.6602

E = t × sample sd/√n = 1.6602×3.5/√100 = 0.581 mm

Lower limit of mean = mean - E = 106 - 0.581 = 105.419 mm

Upper limit of mean = mean + E = 106 + 0.581 = 106.581 mm

90% confidence interval is (105.419 mm, 106.581 mm)

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Apple is an established firm that encourages and emphasizes entrepreneurial behavior throughout its various divisions. Apple pra
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Answer:

Corporate entrepreneurship

Explanation:

Corporate entrepreneurship -

It is the method , adapted to establish some fresh business services , products and processes in an already existing organization is referred to as a corporate entrepreneurship .

This method is adapted in order to generate revenue and incorporate new goods and services .

This method increases the innovation and growth of the existing organisation.

Hence , from the given scenario of the question,

The correct term is Corporate entrepreneurship .

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2 years ago
Asa works as an order-taker at Simply Salads, a fast-food restaurant. He does not cook food, or even package the final order, bu
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Answer:

Mechanistic

Explanation:

Mechanistic is the correct answer as it is clearly mentioned that the person just placed the order and takes the payment which very categorically means that intervention in the entire process is quite less which is the basic definition of Mechanistic unlike the other given options.

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2 years ago
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If kate and sarah both specialize in the good in which they have a comparative advantage the
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Kate and Sarah own a bakery together. The two figures illustrate the production possibilities available to them if they work at their bakery for 8 hours a day.

If kate and sarah both specialize in the good in which they have a comparative advantage the;

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-the total production of bread will be 16 and total production of pies will be 17.

Explanation;

-Comparative advantage is the ability of a firm or individual to produce goods and/or services at a lower opportunity cost than other firms or individuals. A comparative advantage gives a company the ability to sell goods and services at a lower price than its competitors and realize stronger sales margins.

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7 0
2 years ago
Which one of these will most likely require a specialized inspection?
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The answer to that is roof
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Shaniqua s restaurant utilizes a contribution margin pricing system. She would like the selling price of a new menu item she is
Setler79 [48]

Answer:

Her kitchen Staff can spend up to $3.00 on product cost.

Explanation:

Selling price= $10.00

Margin= $4.00

Labor costs = $10.00*30% = $3.00

Selling Price = Contribition margin + Labor costs + Product Cost.

Isolating Product cost from the equation:

Product cost = Selling price - (Contribution margin + Labor costs)

Product cost = $ 10.00 - ($4.00 + $3.00)

Product cost = $ 10.00 - $7.00

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The max. amount that kitchen staff can spend on product cost is: $ 3.00

7 0
2 years ago
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