Answer and Explanation:
A. The point estimate of individuals that would provide yes responses is the sample proportion. The sample proportion is calculated by dividing number of yes responses by sample size:
p = x/n = 200/700= 0.2857
B. The standard error of the population is the square root of the product of the point estimate and it's complement divided by the sample size given by
√p(1-p)/n
=√0.2857(1-0.2857)/700= 0.0170
C. For confidence level 95%, z score is calculated 1-0.95= 0.05/2= 0.025
Z score checked under the table = 1.96
Boundaries=
P-1.96 *standard error and p+1.96 *standard error
= 0.2857-1.96*0.0170= -0.25238
=0.2857+1.96*0.0170= 0.31902
Note : BODMAS demands we multiply first in the above calculation before subtraction or addition.
Ignoring income taxes, the annual net income amount used to calculate the Accounting Rate of Return is Average Annual Profit / Average Investment.
The Accounting Rate of Return (ARR) is the average net income which an asset is expected to generate divided by its average capital cost, and thus it is expressed as an annual percentage.
The ARR's formula is used to make capital budgeting decisions. It is used in situations where companies are deciding on whether or not to invest in an asset based on its expected future net earnings.
Hence, the Accounting Rate of Return is calculated by Average Annual Profit / Average Investment.
To learn more about Accounting Rate of Return (ARR) here:
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That statement is true
Even though an electronic cover letter is somewhat informal, the purpose in writing it is to lend you an interview for a Job. So it's still have to follow a business letter format to make you seem more educated
Answer:
business-to- consumer (B2C)
Explanation:
Commerce is a business model which typically involves the buying and selling of goods or products at a given price.
Generally, commerce comprises of four (4) business models and these are;
1. Business to Business (B2B).
2. Consumer to Consumer (C2C).
3. Business to Government (B2G).
4. Business to Consumer (B2C).
A Business to Consumer (B2C) can be defined as a market which typically involves businesses selling their goods and services directly to the end consumers for their personal use.
Hence, the type of business that sells to the end consumer is known as business-to- consumer (B2C).
Some examples of companies that engage in the Business to Consumer (B2C) business model are; Amazon, Goo-gle, Walmart, Alibaba, Uber, LinkedIn, etc.
Answer: It will reduce in demand
Explanation: If you raise a price customers are less likely to buy it when it’s at a higher price
