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Fiesta28 [93]
2 years ago
7

The problem with relying on a point estimate of a population parameter is that:

Business
1 answer:
kati45 [8]2 years ago
6 0
<span>The point estimate is typically not correct for the entire population, is typically not very accurate when looking at larger sample sizes, and is also unable, when used by itself, to show how far the estimate is from the population parameter. A single value is not usually a good way to describe an entire population, without some sort of alpha to show a confidence interval.</span>
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Green Company is planning to introduce a new product with a 75 percent incremental unit-time learning curve for production in ba
sweet-ann [11.9K]

Answer:

210 hours

Explanation:

The learning curve rate can be found by log75%

Ln0.75 = 0.12249

1 batch requires 200 hours

The 1500 units batch will require 200 hours

For 3000 units there will be two batches of 1500 units each

200 hours * 2 batches * 0.12249 * 4.5 = 210 hours

6 0
1 year ago
Stuart McFarland is sales manager for a hotel. His job entails leading, motivating, and communicating with employees. McFarland’
rjkz [21]

Answer:

E. Leadership

Explanation:

Leadership refers to the concept in which the manager or a team leader motivates, leading, communicated with the employees to accomplish  common goals and objectives so that the employees could perform better next time at less wastage

Therefore the given scenario represents the leadership management activity

6 0
2 years ago
What will you use for banca/boat to move​
Serggg [28]

Answer:

a paddle

Explanation:

Using a "paddle" is very important in order to move/propel a boat. Paddling creates a force which goes against the water. This force is faced by an <u>opposite force</u> that is<em> equal </em>and that which<em> allows the boat to move forward</em>.

So as you push the water asides, the boat accelerates. Such technique is deemed efficient when using the boat. Not following the proper technique will not move the boat.

5 0
1 year ago
A homeseller wants to net $75,000. The commission is 9%, the loan payoff is $450,000, and closing costs are $36,000. What must t
gregori [183]

Answer:

The home must sell for $616,500 to be able to settle all costs

Explanation:

The net to the formula can be used to ascertain the price of the property , the formula is given below:

Net amount=Sales price*(100%-commission rate)

The net to the seller in this case is the amount that seller would receive and be able to settle mortgage and closing costs and still be left with $75000

Net amount =$75000+$450000+$36000

                     =$561000

commission rate is 9%

$561000=sales price*(100-9%)

$561000=sales price*91%

sales price =$561000/91%

                  =616483.52

But to the nearest $100 is $616500

6 0
1 year ago
A manager who encourages risk taking and creativity would most likely be in a(n) _______ organizational culture.
Vinil7 [7]

Answer:

Adhocracy Culture

Explanation:

An adhocracy culture is based on energy and creativity. Employees are encouraged to take risks, and leaders are seen as innovators or entrepreneurs. The organization is held together by experimentation, with an emphasis on individual ingenuity and freedom. The core values are based on change and agility.

5 0
1 year ago
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