In the given scenario, as a market researcher in this case, I would use a sample rather than a census.
What are the Conditions when Sample will be better than Census and vis versa?Here are few conditions/situations when a sample is favored to a census:
Time and cost restraints: Conducting a census involves accumulating data from the entire culture, which maybe time-consuming and expensive. In positions where resources are restricted, a sample allows scientists to gather insights and create inferences without establishing excessive occasion and money.Large population size: When the study of human population is large, it may not be doable to collect dossier from every individual or unit. A sample supports a representative subset of the population, admitting researchers to draw genuine conclusions without the need for a complete poll.Destructive or invasive data group: In cases where the dossier collection process could conceivably damage or destroy the units being calculated (e.g., experiment a product to its limits), a sample is chosen to avoid harming the whole population.Accuracy necessities: In some situations, a sample can determine sufficient accuracy for accountable. Statistical techniques maybe used to estimate population parameters accompanying a desired level of confidence and accuracy based on the sample dossier.On the other hand, there are situations when a enumeration may be preferable:
Small study of human population: When the population size is narrow, conducting a census can be practical and feasible. In specific cases, collecting dossier from the entire population guarantees that no units are left out and specifies a complete picture.Homogeneity of the population: If the public is highly homogeneous, signification there is little variation inside it, a census can be appropriate. In this scenario, accumulating data from the entire society helps capture the specific traits and variations that may show.Legal or regulatory necessities: In certain cases, specific standards or regulations may make necessary a census. For example, in administration surveys or official data collection, a enumeration may be mandated to guarantee accuracy and agreement.Learn more about sampling research method here: https://brainly.com/question/33248694
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You are in charge of ordering items for Boyer’s Department Store and one of the products they carry has the following information:
Annual demand (D) = 4,000
Annual holding cost (H) = $15
Ordering cost (S) = $50/order
Order quantity (Q) = 1,000 fans
Your predecessor ordered fans four times a year, in quantities (Q) of 1,000. Calculate the EOQ and use that value as the order quantity to see if the cost is lower than your predecessor’s decision by calculating the total yearly inventory cost
The Economic Order Quantity (EOQ) for the fans is 632.45 units. By using this order quantity, the total yearly inventory cost is $3,784.71, which is lower than the cost of your predecessor's decision to order 1,000 fans four times a year.
The Economic Order Quantity (EOQ) formula is given by:
EOQ = √((2DS)/H),
where D is the annual demand, S is the ordering cost per order, and H is the annual holding cost per unit.
Substituting the given values into the formula:
EOQ = √((2 * 4,000 * 50) / 15) = 632.45 units (rounded to two decimal places).
Using this EOQ as the order quantity, we can calculate the total yearly inventory cost as:
Total Yearly Inventory Cost = (D/Q) * S + (Q/2) * H,
where Q is the order quantity.
For the EOQ of 632.45 units:
Total Yearly Inventory Cost = (4,000/632.45) * 50 + (632.45/2) * 15 = $3,784.71.
The total yearly inventory cost using the EOQ is lower than the cost of your predecessor's decision to order 1,000 fans four times a year.
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Complete the following sentence.
The acronym ADA stand for
(tourism)
Answer:
Americans with Disabilities Act
Explanation:
:)
e. Describe the methods you would use to pay and motivate sales people to sell this product. Would you use sales quotas or a particular type of commission structure? Why or why not? (1-5 sentences. 2.0 points)
Answer:
I would use progressive commission sales, for example:
number of units sold sales commission
0 - 200 2%
201 - 400 2.5%
401 - 600 3%
601 - 800 3.5%
801 - 1,000 4%
This way, salespeople will be motivated to sell more units, since they know that their income will increase dramatically as there sales volume increases.
Service blueprinting is grounded in all of the following disciplines EXCEPT:
A. Computer systems analysis
B. Decision theory
C. Economics
D. Industrial engineering
E. Logistics
Service blueprinting is grounded in all of the following disciplines except Computer systems analysis (option A).
Service blueprinting is a method used to visualize and design the delivery of services. It focuses on understanding and improving the customer experience by mapping out the processes, interactions, and touchpoints involved in service delivery. It is grounded in several disciplines that contribute to its development and application.
(B)Decision theory, economics, industrial engineering, and logistics are all disciplines that are relevant to service blueprinting. Decision theory helps in analyzing and making decisions about service processes and customer interactions.
(C)Economics provides insights into the economic aspects of service delivery, such as pricing and resource allocation.
(D)Industrial engineering offers techniques for optimizing service processes and improving efficiency.
(E)Logistics deals with the management of the flow of goods, services, and information.
On the other hand, computer systems analysis is not directly related to service blueprinting. While computer systems may be used to support service delivery and manage data, it is not a foundational discipline of service blueprinting. Service blueprinting primarily focuses on the design and visualization of the service delivery process rather than the technical aspects of computer systems analysis.
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What can be used to customize how the data is tracked in the Conversions
column
Answer:
The answer is "Include in Conversions setting".
Explanation:
It may or may not want to include information from a conversion action in your reporting row "Conversions." For each one of your transfer actions, you can set its configuration. So, how it can include some categories of conversions to not include others, therefore, it can use Conversions to change how well the data throughout the Conversions section is monitored.
suppose you have developed a new product for you business.outlineany five steps in developing a rematch instrument
Answer:
But I am too young to start a new business
Lenovo's assumption that consumers want a higher-quality camera on their phone most likely came to light during the _______________ stage of the new product development process.
Lenovo's assumption that consumers want a higher-quality camera on their phone most likely came to light during the idea generation stage of the new product development process.
New product development can be defined as the use of a business firm's product development efforts and ideas to achieve the following:
I. The development original products.
II. Improvement of its product.
III. Modifications of a product.
IV. The creation of new brands.
Basically, the new product development process comprises four (4) main stages and these include:
Idea generation and screening.Content development and testing.Product development.Test marketing.Idea generation simply involves the systematic search by a business firm for new product ideas.
In this context, Lenovo's assumption most likely came to light during the idea generation stage of the new product development process.
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Which of the following statements is incorrect? Forward contracts are contracts typically negotiated with a commercial bank that allow the purchase or sale of a specified amount of a particular foreign currency at a specified exchange rate on a specified future date. The forward market is located in New York City. Many of the commercial banks that offer foreign exchange on a spot basis also offer forward transactions for the widely traded currencies. Forward contracts can hedge a corporation's risk that a currency's value may appreciate over time.
The incorrect statement is "The forward market is located in New York City". The forward market for currencies is not physically located in any specific place, and it does not have a centralized exchange or trading floor, unlike the stock market.
A forward market is simply a network of dealers who privately negotiate and execute transactions among themselves.In contrast, forward contracts are privately negotiated contracts that allow the purchase or sale of a specific amount of a particular foreign currency at a specific exchange rate on a specific future date. They are used by companies to hedge their exposure to currency exchange risk that can arise from fluctuations in exchange rates over time.Many commercial banks offer foreign exchange on a spot basis and also provide forward transactions for widely traded currencies. Companies with international business operations or those that invest in foreign countries use forward contracts to manage their risk and ensure that they can buy or sell foreign currency at a fixed rate, regardless of how currency prices may fluctuate in the future. Forward contracts can be customized according to the specific needs of the parties involved. They are also non-transferable and usually have no upfront costs.The incorrect statement is that "The forward market is located in New York City".
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Do you think it is true that one person can make a difference? Why or why not?
You have invested in a business that proudly reports that it is profitable. Your investment of $5,100 has produced a profit of $306. The managers thirk that if you leave your $5,100 invesied with them, they should be able to generate $306 per year in profits for you in perpetuity. Evaluating other investment opportunities, you note that other long-term investments of simar risk olfer an expected retum of 7.9 N. Should you remain invested in this firm? The expected retum of your investment is Y. (Round to one decimal place.) (Select from the drop-down menus.) If oroiects that are similar in horizon and risk are offering an expected return of 7.9%. then this business You make monthly payments on your car loan. It has a quoted APR of 7.4% (monthly compounding) What percentage of the outstanding principal do you pay in interest each month? (Note: Bo careful not to round any intermediate stops less than six decimal places) The percentage of the outstanding peincipal you pay in interest each month is You expect to have $4,000 in one year. A bank is offering loans at 6.0% interest per year. How much can you borrow today? Today you can borrow ? (Round to the nearest cent)
No, you should not remain invested in this firm as the expected return of 7.9% from other similar investments is higher.
In evaluating whether to remain invested in the current firm, we compare the expected return from the investment with the expected return of other similar investments. The question states that other long-term investments of similar risk offer an expected return of 7.9%.
The investment in the current firm has produced a profit of $306 from an initial investment of $5,100. To calculate the expected return, we divide the profit by the initial investment and multiply by 100:
Expected return = (Profit / Initial investment) * 100
= ($306 / $5,100) * 100
≈ 6.0%
Comparing the expected return of 6.0% from the current firm to the expected return of 7.9% from other similar investments, it is clear that the other investments offer a higher return.
Therefore, it would be more advantageous to invest in those opportunities rather than remaining invested in the current firm.
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Special regulators with heaters to keep the gas warm must be installed on cylinders containing
acetylene.
carbon dioxide.
argon
helium
It's important to use special regulators with heaters when dealing with certain gases to ensure their proper function and safety.
In the context of your question, special regulators with heaters must be installed on cylinders containing carbon dioxide. This is because carbon dioxide can easily form dry ice when its pressure decreases during the gas withdrawal process, which can block the regulator. By using a heated regulator, the temperature of the carbon dioxide is maintained, preventing the formation of dry ice and ensuring the safe and efficient operation of the system.
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When the stock market as a whole is rising in value then it is referred to as a bear market. True or false?
Answer: False
Explanation: A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.
According to the video, which workers traditionally become Construction Managers?
help plsssssssssssssssssssssssssss
Answer:
A is the answer
Answer:
the answer is construction craftspeople with many years of experience
Explanation:
wilson electric reports income tax expense of $151,000. income tax payable at the beginning and end of the year are $20,200 and $25,300, respectively. what is the cash paid for income taxes during the year?
according to the question $104,700 is the cash paid for income taxes during the year.
Why is there an income tax?An individual must pay the individual income tax, sometimes known as the personal income tax, on all of their annual income, including wages, wages, dividends, interests, and other types of income. The state where the income is derived often levies the tax.
How is income tax such a big deal?Taxes are used by the government to pay for a range of social welfare, including measures to create jobs. The government is responsible for covering the administrative expenses for the different departments' thousands of employees.
Briefing:cash paid = income tax expense - (income tax payable at the beginning + end of the year)
= $151,000 - ($20,200 + $25,300)
= $105,500
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identifying an example of the factor of production labour used in producing the Nano
Answer:
The Four Factors of Production
Land Labor Capital
The physical space and the natural resources in it (examples: water, timber, oil) The people able to transform resources into goods or services available for purchase A company's physical equipment and the money it uses to buy
an insured savings account is also known as a _______ savings account
Answer:
An FDIC insured account
Explanation:
A bank account at an institution where deposits are federally protected against bank failure or theft.
Does decreasing the value of the local currency contributes in the increase of the economic growth rate
Answer:
Yes
Explanation:
Devaluation is the purposeful reduction of the value of a nation's currency in relation to another currency or group of currencies. When the currency is devalued, it can lead to an increase in the export of the nation's produce because the price of the exported goods is cheaper and foreign countries are most likely to purchase cheap goods.
The economic growth rate of a nation is the change in percent of goods and services produced in a country over a period of time. It gives an idea of the income of the average citizen in the country. When the value of the local currency is devalued, exports will increase and that will also cause an increase in the income of citizens. This translates to a resultant increase in the economic growth rate of the nation.
Ackerman Co. has 9 percent coupon bonds on the market with eight years left to maturity. The bonds make annual payments. If the bond currently sells for $927.39, what is its YTM?
a. 10.38%
b. 9.60%
c. 9.66%
d. 8.33%
e. 7.66%
The yield to maturity (YTM) of the bond is 9.60%. The answer is (b). To calculate the yield to maturity (YTM) of the bond, we need to use the present value formula and solve for the discount rate (YTM) that makes the bond's current market price divided by the bond's present value of future cash flows.
The bond has a face value (par value) of $1,000, since it is a 9% coupon bond.
The bond has 8 years left to maturity, which means it will make 8 annual coupon payments.
The bond is currently selling for $927.39, which is less than its face value.
The present value formula for a bond with annual coupon payments is:
\(P = (C / r) * [1 - (1 / (1 + r)^n)] + (F / (1 + r)^n)\)
where:
P = Bond's current market value
C = annual coupon payment
r = (Or discount rate) Yield to Maturity
n = number of years to maturity (or number of coupon payments)
F = bond's face value (par value)
Substituting the given values, we get:
$927.39 = ($90 / r) x [1 - (1 / (1 + r\()^8\))] + ($1,000 / (1 + r\()^8\))
To solve for r, we need to use numerical methods such as trial and error or a financial calculator. Alternatively, we can use a spreadsheet program such as Microsoft Excel to solve for r using the "RATE" function.
Using the RATE function in Excel with the following inputs:
RATE(8, 90, -927.39, 1000)
where:
nper = 8 (number of coupon payments)
pmt = -90 (annual coupon payment, negative because it represents a cash outflow)
pv = -927.39 (current market price, negative because it represents a cash outflow)
fv = 1000 (face value, positive because it represents a cash inflow at maturity)
The output is:
0.0960, or 9.60%
Therefore, the yield to maturity (YTM) of the bond is 9.60%. The answer is (b).
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How creamy is creamy
Answer:
creamy
Explanation:
Answer:
c r e a m
Explanation:
When did free trade start with China?
The United States and China inked a bilateral trade deal and restored diplomatic ties in 1979. As a result, trade between the two countries grew quickly, from $4 billion in that year to nearly $600 billion in 2017.
In a free trade economy, import and export restrictions do not exist. It can also be viewed as the application of the free market theory to international trade. Economic nationalist and left-wing parties, which frequently favor protectionism, the antithesis of free trade, are less likely to support free trade than political parties with economic liberal attitudes. Through the World Trade Organization, the majority of nations today take part in multilateral trade agreements. The best illustration of free trade was provided by Great Britain, which unilaterally reduced import and export regulations and tariffs from the middle of the 19th century until the 1920s. Establishing free trade zones through accords, such as the European Economic Area and the North American Free Trade Agreement, is a different approach.
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Anthony has a savings account and a car loan from a not-for-profit financial institution
owned by its members. He is probably a member of what type of financial institution?
O credit union
0 commercial bank
savings and loan association
investment club
Which of the following is a traditional tool used by the Fed during recessions?
A. quantitative easing
B. higher interest rates
C. open market operations
D. coins and paper currency
The option that is a traditional tool used by the Fed during recessions is open market operations. (Option C)
What is an open market operation?
The Fed is the Central Bank of the United States. One of the functions of the Fed is to ensure financial stability. Recession is when the gross domestic product of a country for four consecutive quarters is negative.
When there is a recession, the Fed would want to increase the money supply in the economy. An increase in the money supply would fuel economic activities. One of the ways that money supply can be increased is through an open market purchase. An open market purchase would increase the money supply in the economy and should boost the economy out of a recession.
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question one please. thank you
Answer:
companies like Nike Inc have mission statements to attract the attention of the public .. thereby making it more easy to sell their products in the market
Micah is a scientist for a chemical company that makes bio-cleaners. What might be a task that Micah performs as part of his job?
A. Collecting blood samples from local wildlife
B. Meeting with investors to show them new products
C. Conducting experiments with chemicals in a lab
D. Interviewing new job applicants for company
This is actually for career class not Business class which is kinda the same thing anyway.
Answer:i hope im not to late on answering your question. the correct answer would be
conducting experiments with chemicals in a lab
Explanation:
i go to k12 as well and im in 7th. hope this helps!
Micah is a scientist for a chemical company that makes bio-cleaners. Conducting experiments with chemicals in a lab might be a task that Micah performs as part of his job. The correct option is C.
What is the purpose of a lab experiment?
Regardless of the research topic, laboratory experiments are used to test theoretical hypotheses by concentrating on one or more predicting parts of the theory and separating the impact of the postulated elements on outcomes.
Graduates of this program have the skills necessary to calibrate, run, and maintain lab equipment. assist with the planning, execution, and analysis of tests and experiments in biology and chemistry. aid in the planning, execution, and analysis of sampling and data. Keep track of and assemble analytical or experimental results for further interpretation.
Thus, the ideal selection is option C.
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What is an economy?
Answer: LOOK
Explanation:LOOK
standard cost systems depend on which two types of standards? multiple choice quantity and price standards quantity and efficiency standards rate and price standards rate and spending standards
Quantity and pricing are factors in traditional cost schemes.
Standard costing is a strategy for estimating costs during the production process because producers are unable to predict exact costs in advance.
In a typical costing technique, estimating the expenses required for a production process is included. Establish the rules and standards for the number and cost of direct materials required for production, as well as the quantity and wage rate of direct labour, before the accounting period starts.
By using standard costing, a real cost in the accounting records is swapped out for an anticipated cost. The difference between the predicted and actual expenses is then shown by recording variances.
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The additional satisfaction received from consuming an additional unit of a good is called the.
The additional satisfaction received from consuming an additional unit of a good is called the marginal utility.
Examples of consumption sentences. Thai food takes time to make. Drinking may be fun for some, but drinking too much at a party can change your life. Consuming means using, buying, or eating something. If you don't reduce your energy use, you'll run out of fuel. Conspicuous consumption means buying something to show off. Consume is related to verb consumption. This means eating, consuming, or buying.
To consume is to use up, destroy, or eat something. An example of consumption is when people consume all the oil in the world. An example of consumption is when eating a hamburger. spend; consume.
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which components would be good candidates for point-of-use inventory stocking in a computer manufacturing environment?
Good candidates for point-of-use inventory stocking in a computer manufacturing environment include motherboards, hard drives, memory modules, processor units, graphics cards, optical drives, and power supplies.
Output devices (Monitor, Printer, etc.)Ethernet cables, hubs, and switches Modems Wireless adapters USB cables, hubs, and drives Firewire cables and drives In a computer manufacturing environment, these components would be needed in large quantities to assemble computers.
As a result, these components would need to be kept in a nearby location where they can be easily accessed. In order to streamline production processes and reduce time-to-market, point-of-use inventory stocking is necessary. This strategy involves storing the necessary parts at the point of use so that they can be quickly retrieved when needed.
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Who are office chief , sectional chief and assistant in school ?
Answer:
Post of the principle : A principal in a company is typically the owner, founder or chief executive officer (CEO) of a company. In some situations, the principal might be someone who owns most of the company's equity and is responsible for making big business decisions.
Post of the teacher : Teaching post means any post in a school or institution occupied by a teacher for the purpose of teaching. teaching post means a post, the duties of which involve teaching and training the students and other academic responsibilities.
Post of the counter worker : They call the childs parents if anything is wrong at school and is responsible of collecting the school fees and payment
Explanation:
Answer:
Sectional chief is the bridge between top and low level chiefs. One of the most important functions of a sectional chief is to report the performance, problems and achievements of the department to the office chief. Office Assistant: They are those personnel who work at lower level in an organization.
Teacher's post: Teaching post means any post in a school or institution occupied by a teacher for the purpose of teaching. teaching post means a post, the duties of which involve teaching and training the students and other academic responsibilities.
At the end of an accounting period, it is important to ensure proper inventory _____ to determine the ownership of goods in transit.
Answer:
Cutoff.
Explanation:
At the end of an accounting period, it is important to ensure proper inventory cutoff to determine the ownership of goods in transit.
In Financial accounting, the term cutoff refers to the process which ensures that business transactions and activities are recorded in the correct accounting period.
An inventory cutoff involves stopping or pausing shipments or receiving of supplies of goods, in order to enable proper accounting and count checks.