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yanalaym [24]
2 years ago
15

Decide whether the following example applies descriptive or inferential statistics:

Business
1 answer:
Anastasy [175]2 years ago
3 0

Answer:

Inferential statistics.

Explanation:

Inferential statistics involves making use of data to make generalisations.

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A company reported net income of $836,000 for the current year. The year-end market price per common share was $12 and there wer
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Answer:

Explanation:

I think you should google it on the internet

7 0
2 years ago
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Kuhn Bicycle Company has been manufactring its own seats for its bicycles. The company is currently operating at 100% capacity,
AfilCa [17]

Answer:

It is cheaper to buy the seats.

Explanation:

Giving the following information:

The company is currently operating at 100% capacity, and variable manufacturing overhead is charged to production at the rate of 60% of direct labor cost. The direct materials and direct labor cost per unit to make the bicycle seats are $8.00 and $9.00, respectively. Normal production is 50,000 bicycles per year. A supplier offers to make the bicycle seats for $21 each. If the bicycle company accepts this offer, all variable manufacturing costs will be eliminated, but the $30,000 of fixed manufacturing overhead currently being charged to the bicycle seats will have to be absorbed by other products.

Make in house= [8 + 9 + (9*0.6)]*50,000= $1,120,000

Buy= 21*50,000= $1,050,000

It is cheaper to buy the seats.

8 0
2 years ago
Beverly Hills started a paper route on January 1. Every three months, she deposits $550 in her bank account, which earns 8 perce
aleksandrvk [35]

Answer:

Total amount= $12,558.68

Explanation:

Giving the following information:

Every three months, she deposits $550 in her bank account, which earns 8 percent annually but is compounded quarterly Four years later, she used the entire balance in her bank account to invest in an investment at 7 percent annually.

First, we need to calculate the total accumulated money after four years with the following formula.

FV= {A*[(1+i)^n-1]}/i

A= deposit= 550

N= 16

i=0.08/4= 0.02

FV= {550*[(1.02^16)-1]}/0.02= 10,251.61

Now, we calculate the second investment:

FV= PV*(1+i)^n= 10,251.62*(1.07^3)= $12,558.68

6 0
2 years ago
Sunshine Smoothies Company (SSC) manufactures and distributes smoothies. SSC is considering the development of a new line of hig
enot [183]

Answer:stupid Explanation:

4 0
2 years ago
Which of the following reports is an example of an analytical report? a. A report outlining the new company procedure for report
Ksenya-84 [330]

Answer:

(C) A report recommending an anti-terrorism security system for mass transit

Explanation:

An analytical report is a type of a business report that uses qualitative and quantitative company data to analyze as well as evaluate a business strategy or process, while empowering employees to make data-driven decisions based on evidence and analytics. Analytical reports offers both information and analysis and also include recommendations.

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2 years ago
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