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yan [13]
2 years ago
6

In 2010, the general social survey had a question which asked respondents if they were willing to pay higher prices to help the

environment. in 2010, out of 1361 people that responded, 8.2% said that they were very willing and 14.6% said that they were not at all willing. what part of the field of statistics is this?
Business
1 answer:
Sergio039 [100]2 years ago
3 0

Answer: Both ‘8.2%’ and ’14.6%’ are descriptive statistics.

Descriptive statistics summarize and describe the features of the data in a study or survey numerically.

In this question, the information just tells us the percentage of people who had a particular opinion for a given question. Hence these percentages describe the data.


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The slope of the _________________ is determined by the relative price of the two goods, which is calculated by taking the price
jenyasd209 [6]

Answer:

budget constraint

Explanation:

The slope of the budget constraint is determined by the relative price of the two goods, which is calculated by taking the price of one good and dividing it by the price of the other good. Intuitively, the slope of the budget constraint represents how many of the goods on the y-axis the consumer must give up in order to be able to afford one more of the goods on the x-axis. the concept of budget line or what is also called budget constraint is essential for understanding the theory of consumer’s equilibrium.

A higher indifference curve shows a higher level of satisfaction than a lower one. Therefore, a consumer in his attempt to maximize his satisfaction will try to reach the highest possible indifference curve . But in his pursuit of buying more and more goods and thus obtaining more and more satisfaction he has to work under two constraints: first, he has to pay the prices for the goods and, secondly, he has a limited money income with which to purchase the goods. Thus, how far he would go in for his purchases depends upon the prices of the goods and the money income which he has to spend on the goods.

3 0
1 year ago
EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have?
mezya [45]

Answer:

Option (c) is correct.

Explanation:

Given that,

Sales = $ 2,000.00

Costs = 1,400.00

Depreciation = 250.00

EBIT = $ 350.00

Interest expense = 70.00

EBT = $280.00

Taxes (25%) = 112.00

Net income = $168.00

Net operating profit after taxes (NOPAT):

= EBIT × (1 - tax rate)

= $350 × (1 - 25%)

= $350 × 0.75

= $262.50

Therefore, the net operating profit after taxes (NOPAT) is $262.5.

8 0
1 year ago
Use the following information to answer question. Madelyn owns a small pottery factory. She can make 1,000 pieces of pottery per
notsponge [240]
Answer; a. $35,000.



sorry if wrong
4 0
1 year ago
A company receives equipment from two factories: 38% from factory A, and all other equipment from factory B. Each factory has a
nikitadnepr [17]

Answer:

Probability will be 0.0286 which is nit given in the bellow option

So none of the given option is correct

Explanation:

We have given that company receives equipment from company A is 38 %

So p(A)=0.38

And rest of the equipment is received from company B

So p(B)=1-0.38=0.62

It is given that the equipment which is received from company A is 1 % defective

So p(D/A)=0.01

And equipment which is received from company B is 4 % are defective

So p(D/B)=0.04

So the probability that the equipment is defective =p(A)\times p(D/A)+p(B)\times p(D/B)=0.38\times 0.01+0.62\times 0.04=0.0286

So none of the option is correct

4 0
1 year ago
A door hardware company’s marketing and supply chain teams have developed a good rapport between them. As information flows easi
Anton [14]

Answer:

2. A supply chain is broader than marketing channel

Explanation:

A supply chain involves the process from getting raw materials, to producing the finished goods, to delivering the goods to the final customer.

A marketing channel deals specifically with the distribution of finished goods and services to specific times of customer, through particular means.

As can be seen from the definitions, a supply chain is broader than a makerting channel, because it involves other actions besides the distribution to the final customer (more specifically the previous ones: getting the raw materials, and transforming those raw materials into finished goods).

6 0
1 year ago
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