Business, 19.12.2019 05:31 ummammaar08

Avice president in charge of sales for a large corporation claims that the sales personnel are averaging no morethan 15 sales contacts per week. as a check on his claim, n = 36 salespersons are selected at random, and the number of weekly contacts made by each is recorded. suppose the sample mean contacts was17, and that the population variance is known to beequal to 9. answer the following questions: a)does theevidence contradict the vice president’s claim, i. e. do we have enough evidence to support the claim "the sales personnel are averaging more than 15 sales contacts per week"? use a significance level α=0.05.(assume that n=36 is large enough, so that you can apply the central limit theorem).

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 15:10

Pressure systems, inc., manufactures high-accuracy liquid-level transducers. it is investigating whether it should update certain equipment now or wait to do it later. if the cost now is $200,000, what will the equivalent amount be 3 years from now at an interest rate of 10% per year?

Answers: 3

Answer

Business, 22.06.2019 01:00

Bond x is noncallable and has 20 years to maturity, a 7% annual coupon, and a $1,000 par value. your required return on bond x is 10%; if you buy it, you plan to hold it for 5 years. you (and the market) have expectations that in 5 years, the yield to maturity on a 15-year bond with similar risk will be 9.5%. how much should you be willing to pay for bond x today? (hint: you will need to know how much the bond will be worth at the end of 5 years.) do not round intermediate calculations. round your answer to the nearest cent.

Answers: 3

Answer

Business, 22.06.2019 13:50

The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?

Answers: 2

Answer

Business, 23.06.2019 02:30

For the year ended december 31, 2019, davidson mart had sales of $ 550 comma 000 and cost of goods sold of $ 412 comma 500. davidson estimates that approximately 2% of the merchandise sold will be returned. the adjusting journal entry on december 31, 2019, would include a

Answers: 3

Answer

You know the right answer?

Avice president in charge of sales for a large corporation claims that the sales personnel are avera...

Questions