answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
erik [133]
2 years ago
9

Suppose you are an operations manager for a plant that manufactures batteries. Give an example of how you could use descriptive

statistics to make better managerial decisions. Give an example of how you could use inferential statistics to make better managerial decisions.

Business
1 answer:
Tatiana [17]2 years ago
7 0

Please find full question attached

Answer:

Inferential statistics

Descriptive statistics

inferential statistics

descriptive statistics

Descriptive statistics

Inferential statistics

Explanation:

Descriptive statistics describes data and gives us a picture of what the data summary looks like using such things as mean and central tendency measures. Inferential statistics on the other hand aims to make predictions using the data based on data analysis such as collecting sample from population and constructing hypotheses to estimate outcomes for the general population. Example in the question, the first is inferential statistics as we make generalized predictions on batteries using data samples from the population of batteries of a particular type.

You might be interested in
Unscramble the vocabulary word from Chapter 12: yalplor
makvit [3.9K]

Payroll is your answer.

Payroll is a list that have all employees listed on it as well as the amount they were to be paid during a certain amount of time.

~

7 0
2 years ago
What is the maximum number of cells a user can select for the Set Objective variable in the Solver Parameters dialog box?
lozanna [386]

Answer:

A. A user can select only a single cell for the Set Objective variable

Explanation: The set objective variable cell in solver is one of the three main parameters which should be defined when trying to work with the excel solver program. The objective cell usually represents a single cell which contains the formula that represents the goal or objective of the problem at hand by tweaking the values in the variable cells based on certain defined constraints stated by the user. The goal may be to minimize, maximize or achieve a specified target value.

8 0
2 years ago
Lindsay, a successful banker, has decided to retire, but she is very interested in staying involved with a company "that cares."
amid [387]

Answer:

As a member of the board of directors, Lindsay will be involved in establishing the banks overall organizational strategy, long term plans and goals. She will also share the responsibility of hiring or firing the bank's top executives, i.e. CEO, CFO and COO. She will also represent the shareholders' interests (and safeguard them) and decide over the governance system of the bank.

7 0
2 years ago
XYZ Co. provides the following information for the year 2016. Issue common stock for $28,000, sell factory machines for $3,000,
GREYUIT [131]

Answer:

Cash flow from investing= -$7,000

It is an outflow.

Explanation:

Cash from investing activity is defined as the cash in flow or outflow from purchase of long term assets such as property, equipment, investment in securities, sale of securities, and purchase of plant. It is the second section of the cash flow statement

Negative cash flow from investing activity might indicate heavy investment on long term growth of the company. For example investment in research and development.

Sale of fixed asset is positive cash flow of $3,000

Purchase of common shares of Zillow co. is a negative cash flow of $10,000

Cash flow from investing= 3,000- 10,000

Cash flow from investing= -$7,000

3 0
2 years ago
You are reviewing your client's Multicurrency company Balance Sheet, and the balance as of the previous fiscal year-end for thei
balu736 [363]

Answer:

1. You have to create a journal entry debiting foreign exchange gain or loss $10 and crediting the Canadian bank account $10.

4. You have to perform a home currency adjustment for the Canadian bank account as of the current date

Explanation:

This difference is the result of a foreign exchange loss. Foreign exchange gains/losses are normal for companies that operate in foreign countries. E.g. you prepared your financial statements by converting the foreign currency into your local currency, in this case you converted Canadian dollars to US dollars. But then the exchange rate between the currencies changes. If the value of the Canadian dollar's value increased after conversion, then you gained, and an adjustment must be made to show that gain. But if the Canadian dollar's value decreased after the conversion, then you lost (what happened here) and an adjusting entry must be made to report the loss.

In order to correct his, you must:

Dr Foreign exchange gain/loss 10

    Cr Canadian bank account 10

4 0
2 years ago
Other questions:
  • A department store chain is expanding into a new market, and is considering 16 different sites on which to locate 5 stores. assu
    13·1 answer
  • Wesley's grandfather was a sharecropper, farming someone else's land. wesley's father was a farmer who farmed his own land. wesl
    6·1 answer
  • Jose now has $500. How much would he have after 6 years if he leaves it invested at 5.5% with annual compounding?a. $591.09b. $6
    11·1 answer
  • The ledger of Tamarisk, Inc. at the end of the current year shows Accounts Receivable $109,000; Sales Revenue $830,000; and Sale
    9·1 answer
  • Direct materials needed for production is calculated by_________.
    13·1 answer
  • A consumer's bundle includes good X and good Y. If good X is a Giffen good and the price of good X decreases, the consumer will
    7·2 answers
  • You get a 15% discount if you buy a new range listing at $924.95 and a new freezer listing at $12,695.95 on the same bill. What
    15·1 answer
  • In the Business Loan worksheet, enter the data values and formulas required to calculate the monthly payment on a business loan
    9·1 answer
  • Espinoza Company is a wholesale distributor that uses activity-based costing for all of its overhead costs. The company has prov
    8·1 answer
  • Ian loaned his friend $20,000 to start a new business. He considers this loan to be an investment, and therefore requires his fr
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!