In the same scenario as question 8.17, suppose you obtained a mean of $167 spent on transportation and a standard deviation of $40. calculate a 95% confidence interval for the mean and select the values that come closest to those that would fill the spaces in the following interpretation: we can be 95% confident that the mean amount of money spent on transportation lies between and . a $148 and $186 b $127 and $207 c $143 and $173 d $155 and $212

Teller co. is planning to sell 900 boxes of ceramic tile, with production estimated at 870 boxes during may. each box of tile requires 44 pounds of clay mix and a quarter hour of direct labor. clay mix costs $0.40 per pound and employees of the company are paid $12.00 per hour. manufacturing overhead is applied at a rate of 110% of direct labor costs. teller has 3,900 pounds of clay mix in beginning inventory and wants to have 4,500 pounds in ending inventory. what is the total amount to be budgeted for manufacturing overhead for the month?

Which of the following explains why the government sets a required reserve ratio for private banks? a. to allow the government to control the interest rate charged on loans. b. to prevent banks from printing too much money and causing inflation. c. to make sure banks don't run out of money when customers make withdrawals. d. to enable the regulation of risk levels in the decision process of offering loans. 2b2t

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