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
KATRIN_1 [288]
1 year ago
9

According to the video game industry’s statistics, the average gamer is 34 years old. Imagine the standard deviation for age is

7.5 years. Leroy collected data on video gaming among people with new tablets or iPads to see if the mean age of that group is older or younger. He finds an average age of 36 years based on a sample size of 48. His 95 percent confidence interval is:
Business
1 answer:
Natalka [10]1 year ago
6 0

Answer:

lower range 33.822 years

upper range 38.178 years

Explanation:

step 1:

48 -1 = 47

step 2:

(1 - 95%) / 2 = 0.025

step 3:

we look at the T distribution table for degrees of freedom (df) = 47, and α = 0.025; = 2.0117

step 4:

divide sample standard deviation by square root of sample size

7.5 years / √48 = 7.5 / 6.9282 = 1.0825

step 5:

multiply results from step 3 and 4

2.0117 x 1.0825 = 2.178

step 6:

for the lower range, subtract step 5 from sample mean

36 - 2.178 = 33.822

step 7: for the upper range, add step 5 with sample mean

36 + 2.178 = 38.178

You might be interested in
Billingsley, inc. is borrowing $60,000 for five years at an apr of 8 percent. the principal is to be repaid in equal annual paym
alexandr1967 [171]
60,000 / 0.8 % = 75,000 loans
6 0
2 years ago
Which of the following is an example of a firm’s derived demand? a. Workers with higher levels of education earn more, on averag
Mademuasel [1]

Answer:

c. A tractor manufacturer’s demand for assembly-line workers is inseparably linked to the supply of tractors

Explanation:

Derived demand is when the demand for a good, service or labour is as a result of demand for another good or service.

The demand for assembly line workers is as a result of demand for tractors. If there was no demand for tractors ,there would be no need to employ assembly line workers.

I hope my answer helps you.

7 0
1 year ago
Assume you are the CEO of Black Diamond, a global organization. You realize that some of the people in your organization are hig
const2013 [10]

Answer:

a. High uncertainty avoidance.

Explanation:

Cultures that have high uncertainty avoidance have a low tolerance for situations that are unclear and vague. They tend to avoid risk, follow laid down rules, and favor well structured environments.

People from cultures with high uncertainty avoidance will be ideal for the Black Diamond team. They will function well in a structured team where members collaborate to achieve set goals.

3 0
2 years ago
Herman is covered by a cafeteria plan by his employer. His adjusted AGI is $100,000. He paid unreimbursed medical premiums in th
harkovskaia [24]

Your total medical expenses, including premiums, must surpass 7.5 percent of your adjusted gross income to be deductible.

In this case, take his AGI and multiply by 7.5%. subtract that amount from the total medical expenses and you will have the amount that is deductible from his taxes.

3 0
2 years ago
Read 2 more answers
Collin has extracted the following balances from the ledger accounts for his business: (All amounts in $) Plant and machinery 95
zaharov [31]

Answer:

Carriage outwards: 7,520 debit

Explanation:

Accounts                         DEBIT     CREDIT

Plant and machinery 95,000

Property                   135,000

Inventory                      6,400

Receivables                2,850

Payables                                           3,600

Bank overdraft                                     970

Loan                                                45,000

Capital                                            100,000

Drawings                 32,000

Sales                                             362,000

Carriage outwards               x

Purchases                156,000

Purchase returns                               2,200

Discounts received                            3,500

<u>Sundry expenses      82,500                          </u>

TOTAL                     509,750           517,270‬

We construct the trial balance and the carriage outwar balance will be the diference between debit and credit:

517,270 - 509,750 = 7,520

3 0
1 year ago
Other questions:
  • Equipment that cost $420,000 and on which $200,000 of accumulated depreciation has been recorded was disposed of for $180,000 ca
    11·1 answer
  • ________ can describe a product class, a product form, or a brand.
    9·1 answer
  • A more efficient means of processing algae to produce an anticancer drug is discovered. as a result, the supply curve for the dr
    9·1 answer
  • Edith's warehouse (adjusted basis of $450,000) is destroyed by a hurricane in October 2019. Edith, a calendar year taxpayer, rec
    13·1 answer
  • An insurance firm agrees to pay you $3,310 at the end of 20 years if you pay premiums of $100 per year at the end of each year f
    9·1 answer
  • Martin’s gross pay is $30,135 per year. His federal income tax percent that is withheld from his paycheck is 15%. The amount of
    6·1 answer
  • Slapshot Company makes ice hockey sticks. During the month of June, 1,900 sticks were completed at a cost of goods manufactured
    5·1 answer
  • During the current year, Comma Co. had outstanding: 25,000 shares of common stock, 8,000 shares of $20 par, 10% cumulative prefe
    12·1 answer
  • Goodwin Technologies, a relatively young company, has been wildly successful but has yet to pay a dividend. An analyst forecasts
    15·1 answer
  • Bernice’s has $823,000 in sales. The profit margin is 4.2 percent and the firm has 7,500 shares of stock outstanding. The market
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!