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bagirrra123 [75]
1 year ago
15

Carter Motor Company, claims that its new sedan, the Libra, will average better than 23 miles per gallon in the city. Assuming t

hat a hypothesis test of the claim has been conducted and that the conclusion is to reject the null hypothesis, state the conclusion:__________.
a. There is sufficient evidence to support the claim that the mean is less than 23 miles per gallon.
b. There is not sufficient evidence to support the claim that the mean is less than 23 miles per gallon.
c. There is sufficient evidence to support the claim that the mean is greater than 23 miles per gallon.
d. There is not sufficient evidence to support the claim that the mean is greater than 23 miles per gallon.
Business
1 answer:
aliina [53]1 year ago
5 0

Answer: c. There is sufficient evidence to support the claim that the mean is greater than 23 miles per gallon.

Explanation:

When doing a research, there are 2 Hypothesis one must come up with which are the Null Hypothesis and the Alternative hypothesis.

The Null Hypothesis should state that there is no relationship between the variables which in this case would mean that new sedan, the Libra, will <em>not</em> average better than 23 miles per gallon in the city.

The Alternative Hypothesis on the other hand affirms the belief of the researcher which in this case is that new sedan, the Libra, <em>will </em>average better than 23 miles per gallon in the city.

As the null hypothesis was rejected by the evidence, it means that indeed the Libra mean is greater than 23 miles per gallon.

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Below is a set of projects aimed at cleaning up a city's recreational areas.
Andru [333]

Answer:

North Park $13,000 $16,000 N

Upper River Beach 6,000 8,000  Y

South Shore 29,000 30,000  Y

Green Creek 900 1,300 N

Explanation:

The cleanup will happen in the area where the marginal benefit is more than the marginal cost. the North park will not be cleaned up. River beach will be cleaned Up. South shore will be cleaned up. Green creak will not be cleaned up.

3 0
2 years ago
Quality is primarily related to satisfaction viewpoint of:___________.
nikitadnepr [17]

Answer: Consumer

Explanation:

Quality has to do with the standard by which a product is being compared with other similar products.

Quality is primarily related to satisfaction viewpoint of consumers. If consumers are not satisfied with a particular product, it will have a negative impact on the sale of the product hence the product quality must be taken into consideration in order to enable consumers to buy such product.

4 0
2 years ago
There are three categories of cash flows: single cash flows, also referred to as "lump sums," a stream of unequal cash flows, an
Mama L [17]

Answer:

  • An ordinary annuity of equal time earns less interest than an annuity due.
  • When equal payments are made at the end of each period for a certain time period, they are treated as ordinary annuities.
  • A perpetuity is a series of equal payments made at fixed intervals that continue infinitely and can be thought of as an infinite annuity.

Explanation:

With an Annuity due, the payments are made at the beginning of the period as opposed to an ordinary annuity which is paid at the end. This difference gives the Annuity due more time to accrue interest which leads it to earning more interest than an ordinary annuity of the same time.

As earlier mentioned, Ordinary annuities involve payments made at the end of each period. Annuities are always equal payments so the second statement holds true.

A Perpetuity is indeed an annuity because of the fixed payments characteristic that it has. It is therefore called a Perpetual/ Infinite Annuity.

3 0
2 years ago
Roles of three employees in the Agriculture, Food, and Natural Resources cluster are given in this chart. Which best describes t
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What are the options?

5 0
2 years ago
Read 2 more answers
1. Charlie Corporation transfers $700,000 stock and land with a value of $200,000 (basis of $95,000) to Sebago for most of its a
anygoal [31]

Answer/Explanation:

1. Charlie: Asset revalued

Asset            Old Value        New Value       Gain        Loss

Land               200,000          95,000                ­          105,000

Crane             285,000         300,000          15,000       ­

Total loss recognized by Charlie = $105,000 ­ $15,000 = $90,000

2. Sebago: Asset revalued

Asset          Old Value           New Value         Gain            Loss

Stock          700,000               630,000               ­               70,000

Land           200,000               95,000             105,000          ­

Total gain recognized by Sebago = $105,000 ­ $70,000 = $35,000

3. Betty: Asset revalued

Asset           Old Value         New Value           Gain                Loss

Crane           285,000           300,000                 ­                   15,000

Stock            700,000           630,000              70,000               ­

Total gain recognized by Betty = $70,000 ­ $15,000 = $55,000

6 0
2 years ago
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