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Vladimir [108]
2 years ago
11

addresses unknown parameters in the real world that parallel descriptive measures of very large population? A. The sample mean /

B. Statistic Inference C. The central Limit Theorem
Business
1 answer:
Airida [17]2 years ago
7 0

Answer:

The answer is "Option B".

Explanation:

Inferential statistics was its process through which data collection is used to conclude the property or even an implicit wave function. Its analysis infers these same features of inhabitants. Its purpose is to use statistical strategies to determine important assumptions regarding sample size, and  other choices were wrong which can be defined as follows:

  • In option A, it defines the average of the given values, that's why it is wrong.
  • In option C, It is used to0 describes a number of samples that's why it is wrong.
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You are a pricing analyst for QuantCrunch Corporation, a company that recently spent $15,000 to develop a statistical software p
sukhopar [10]

Answer:

Explanation:

Base on the scenario been described in the question

First strategy (per-unit price strategy):

According to the given information the demand function is given as:

Economics homework question answer, step 1, image 1

So, the price function can be rewrite as:

Economics homework question answer, step 1, image 2

The firm maximizes the profit at where the marginal revenue (MR) is equal to marginal cost (MC). The MR can be calculated as follows:

Economics homework question answer, step 2, image 1

Since MC is given as 1000, the profit maximization level of quantity can be calculated as follows:

Economics homework question answer, step 3, image 1

Thus, the quantity is 50.

In order to calculate the profit maximizing level of price, substitute the value of Q in price function as follows:

Economics homework question answer, step 3, image 2

Thus, the price is $1250.

8 0
2 years ago
A dealer bought some tires for 6500. the tires were sold for 9500. making 50 on each tire. how many tires were involved?
VMariaS [17]
Cost price = 6,500
Selling price + profit = 9500
Profit gained = 9,500 - 6,500 = $3000
Number of tires bought = 3000/50 = 60
The dealer bought 60 tires.

6 0
2 years ago
Patterson Company reported stockholders’ equity of $75,000 at the beginning of the year. During the year, the company recognized
fiasKO [112]

Answer:

stockholders equity at the end of the year is $95000

Explanation:

given data

equity = $75000

net income = $15000

additional investment = $10000

dividend = $5000

to find out

stockholders equity at the end of the year

solution

we will find here stockholders equity that is express as

stockholders equity = Net income + equity  - Dividends + Additional investment .....................1

put here value in equation 1 we get

stockholders equity = 15000 + 75000 - 5000 + 10000

stockholders equity = 95000

so stockholders equity at the end of the year is $95000

8 0
2 years ago
If your friend Raheem asks you, “What type of account should I use to save for retirement,” what would you tell him?
SSSSS [86.1K]

Answer:

Roth IRA account

Explanation:

The best type of account that you should save money in for Retirement is a Roth IRA account. This will allow you to put and save a maximum of $5,500 USD per year which will compound annually with interest and can be redeemed when you retire. Once you redeem your money at the age of 65 1/2 it will be completely tax-free. Meaning you have no liabilities with that money whatsoever and you can simply enjoy your retirement with that money.

7 0
2 years ago
Bickford Company plans to sell 135,000 units in November and 180,000 units in December. Bickford's policy is that 10% of the fol
NNADVOKAT [17]

Answer:

$404,000

Explanation:

Production Unit = $135,000 + $18,000 - $14,000 = $139,000

Labor hours per unit = 30 mins = 0.5 hours

Total Labor Hours = $139,000 x 0.5 = 69,500 hours

Variable Overhead 69,500 x 5 = $347,500

Total Overhead Cost = $347, 500 + $56,500 = $404,000

6 0
2 years ago
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