Answer:
29
Explanation:
Central limit theorem states that as a sample being studied grows larger the sampling distribution of samplings means tends to a more normal distribution. This is regardless of the shape of the population.
This holds true usually if the population size is n is equal or greater than 30 (that is greater than 29). It does not matter if the population is skewed or normal.
So with a sufficiently large population the means of each item will be the same as the population mean.
Answer:
Explanation:
Omaha Miami
Earnings Earnings Value of Quality Life Expense to Move to Miami Net Value Difference in Value
Alex 200000 180000 40000 5000 215000 15000
Bobby 120000 150000 40000 5000 185000 65000
Cory 315000 300000 25000 5000 320000 5000
Dana 150000 100000 25000 5000 120000 -30000
Tied mover – any person who moves with their partner even if the person's employment is better at the present location.
Assuming all the friends agree on moving to Miami, Dana will compromise in value, therefore, Dana is the Tied Mover.
Tied Stayer – any of them who stays with the partner at current location even if the person's employment opportunity is better somewhere else.
Assuming all the friends decided to be in Omaha, Alex, Bobby and Cory will compromise in value, therefore, Alex, Bobby and Cory are the Tied Stayers.
Excavation, Inc., uses explosives to prepare land for construction projects. Strict liability is imposed on this activity because The activity is extremely risky
<h3>Option (C) is correct.</h3>
<u>Explanation:</u>
Excavation activity is an extremely risky activity. This activity has many accidents associated with it. every year many people die or get injured in accidents related to excavation. So due to the high risk associated with this strict liability is imposed on this activity.
Risks associated with excavation are explosion, gas escape, flooding, etc. Other dangers like hazardous atmospheres, the possibility of fatal accidents, Falling loads can also be there. These dangers are sudden and fail to give time to workers to escape. So before undertaking such activity permission must be obtained from the government.
Price of elasticity of demand represents the measure of the change in the quantity demanded of a product in relation to its price change. The fact that Jessica buys each month exactly teh same quantity of the roduct (Big Mac) no matter what the price of the product ismeans that Jessica's price elasticity of demand for Big Macs is: 0.
In this situation the price of the product does not affect the demand.
Answer:
The present value of terminal value is $ 863,689.48
Explanation:
Terminal value=Cash flows at third year*(1+g)/WACC-g
cash flows at the third year is $64,000
g is the growth rate of net cash flows which is 2% in perpetuity
WACC is 8%
Terminal value=$64,000*(1+2%)/(8%-2%)
=$64000*1.02/0.06
=$ 1,088,000.00
The present value of terminal=terminal value*discount factor in year 3
discount factor in year=1/(1+8%)^3=0.793832241
Present value of terminal cash flow=1,088,000.00 *0.79383224
=$ 863,689.48
