the manager of a resort hotel stated that the mean guest bill for a weekend is $800 or less. a member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. the accountant will use a sample of future weekend guest bills to test the manager's claim.

Answers

Answer 1

Using a sample of future weekend guest bills, we conclude the manager's claims are wrong.

A)

u ≤900

u > 900

So, the hypothesis u≤900 and u > 900 will be used

B)

It cannot be rejected

So, it means u is less than or equal to 900

So, conclusion would be we are not able to conclude that manager's claim is wrong

We cannot conclude that u > 900

C)

u > 900
Hence,

We are able to conclude that manager's claim is wrong

We can conclude that u > 900

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Related Questions

what important change to ratings systems have many broadcasters demanded, in order to present a fuller picture of a show's total audience?

Answers

Accounting for multiplatform and nonlinear tv viewing important change to ratings systems have many broadcasters demanded, in order to present a fuller picture of a show's total audience.

For what reason are evaluations essential to television?

Evaluations successfully characterize the number of individuals that tuned in against assumptions - a kind of 'crowd meter. ' Evaluations have customarily been utilized by Broadcasting companies to show promoters the degree of commitment their programming accomplishes, presenting a more prominent defense in dealings while selling promotion spaces.

How are not set in stone?

In numerous nations, including the US, the Nielsen Organization involves in-house gadgets that track the survey propensities for large number of individuals. These numbers address what normal individuals of a specific age and orientation watch, which then demonstrates the quantity of watchers who most likely watch a specific show.

What was the essential justification behind the breakdown of the TV sponsorship framework?

Early TV, as early radio, had just a single publicist that normally supported a solitary program. Especially after the test show outrages of the last part of the 1950s had uncovered the risk of such a plan of action, the organizations disposed of that configuration and changed to numerous enterprises buying plugs.

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knowledge check in 1994 mexican peso decliend against us dollar during so called tequila crisis what exacerbating facot did the mexico

Answers

Both countries had large dollar-denominated debts exacerbating factor did Mexico's Tequila Crisis have in common with the Argentine crisis of 2002.

What are 3 effects of the Mexican Revolution?

The 1917 Constitution, which was inspired by the Mexican Revolution, established the separation of church and state, government ownership of the subsurface, communal organizations' ownership of land, the right of workers to organize and strike, among many other goals.

Currency value declines. Government yields decline, discouraging foreign investment and lowering demand for that nation's currency.

Its main repercussions included widespread populace engagement in opposing factions, opposition from peasants, workers, Indians, and mestizos, a horrific civil war that lasted ten years, and some reform and stability with the Constitution of 1917 at the very end.

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Complete Question:

In 1994, the Mexican peso declined against the US dollar by 37% during the so-called Tequila Crisis. What exacerbating factor did Mexico's Tequila Crisis have in common with the Argentine crisis of 2002?

Abc bank is a commercial bank in country x. Assume the required reserve ratio is 25% and banks in country x keep no excess reserves. If maria deposits $1,000 in cash at abc bank, what will happen to the money supply after all adjustments are made in the banking system? responses the money supply will increase by a maximum of $250. The money supply will increase by a maximum of $250. The money supply will increase by a maximum of $750. The money supply will increase by a maximum of $750. The money supply will increase by a maximum of $1,000. The money supply will increase by a maximum of $1,000. The money supply will increase by a maximum of $3,000. The money supply will increase by a maximum of $3,000. The money supply will increase by a maximum of $4,000.

Answers

When $1000 is deposited and the reserve requirement is 25%, money supply would increase by a maximum of $1000 (third option).

What will be the increase in money supply?

The fractional banking system that is now practiced requires that banks keep a portion of their deposits as reserves and loan the remaining out to customers.

The amount of money that is kept as reserves is determined by the required reserve ratio. The required reserve ratio is the percentage of deposit that the Central Bank of a country requires that banks keep as reserves.

When the remaining deposits is loaned out, the money supply in the economy increases. The increase in the money supply is a function of the amount deposited and the required reserve ratio.

Increase in money supply = amount deposited / reserve ratio

Increase in money supply = 1000 / 25%

Increase in money supply = $1000 / 0.24

Increase in money supply = $4000

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When a shift in ________________ occurs, rational expectations hold that its impact on output and employment will only be temporary. a) aggregate supply b) wage levels c) aggregate demand d) price levels

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When a shift in aggregate supply occurs, rational expectations hold that its impact on output and employment will only be temporary.

Shifts withinside the quick run mixture deliver curve are because of modifications in inflationary expectancies; modifications in employee pressure and capital inventory availability; modifications in authorities action (now no longer similar to authorities' expenditure); modifications in productivity; and deliver shocks.

When a shift in mixture calls for occurs, humans and agencies with rational expectancies will recognize that its effect on output and employment may be temporary, at the same time as its effect at the charge degree may be permanent.

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suppose that the required reserve ratio is 8.00 %. what is the simple money (deposit) multiplier? round to two decimal places. money multiplier:

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suppose that the required reserve ratio is 8.00 % so Money Multiplier= 1/ Reserve Ratio = 1/0.08=12.5.

Money Multiplier

Money multiplier is a phrase in monetary economics that refers to the phenomena of producing money in the economy through credit creation under the fractional reserve banking system. The monetary multiplier is another name for money multiplier. It is the greatest extent to which changes in the quantity of money deposits can alter the money supply. Commercial banks exhibit the money multiplier effect when they receive deposits and, after retaining a fixed amount as a reserve, distribute the money as loans to infuse liquidity into the economy.

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how much should you keep in your tax savings account in order to be prepared to pay your quarterly estimated tax?

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Divide the entire revenue for the firm from the previous year by four. then determine 30% of that sum.

What are taxes, please?

Taxes are required payments given to individuals or enterprises by a government agency, whether local, state, or federal. Public infrastructure and facilities like roads and schools, as well as programs like Medicare and Medicaid, are all funded through tax dollars.

What sets tax distinct from taxation?

Taxation refers to all forms of imposed financial obligations, such as income taxes, taxes on capital gains and estate taxes. Although "taxation" may relate to both an action and a word, the resulting money is most frequently mentioned when the phrase is employed.

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Start-Up Industries is a new firm that has raised $210 million by selling shares of stock. Management plans to earn a 20% rate of return on equity, which is more than the 15% rate of return available on comparable-risk investments. Half of all earnings will be reinvested in the firm.
a. What will be Start-Up's ratio of market value to book value?
b. What will be Start-Up?s ratio of market value to book value if the firm can earn only a rate of return of 10% on its investments?

Answers

The Start-Up's ratio of market value to book value is 2.

The Start-Up's ratio of market value to book value if the firm can earn only a rate of return of 10% on its investments is 0.

Market value refers to the cost at which an asset would trade in a competitive auction setting. Market value is frequently used in interchangeably with open market value.

Firm reinvest half of earnings. So plowback ratio will be 50%.

Book value is $210. Then we calculate the value of earnings.

Earnings = Book value x return on equity

Earnings = $210 x  20% = $42

Then, we calculate the dividens

Dividens = Earnings x ( 1 -  plow back ratio)

Dividens = $42 x ( 1 - 0.50)

Dividends = $21 million

Therefore we compute the growth rate:

Growth rate = return on equity x plow back ratio

Growth rate = 20% x 0.50

Growth rate = 10%

The market value = Dividens/Return - Growth rate

The market value = $21/0.15 - 0.10 = $420 million

Ration between market value and book value = $420 : $210 = 2

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based on information from a large insurance company, 67% of all damage liability claims are made by single people under the age of 25. a random sample of 53 claims showed that 42 were made by single people under the age of 25. does this indicate that the insurance claims of single people under the age of 25 is higher than the national percent reported by the large insurance company? give the test statistic and your conclusion.

Answers

Primarily based on information from a large insurance employer.

67% of all damage liability claims are made by using people under the age of 25.

Insurance of unmarried people under the age of 25 is higher than the countrywide percentage mentioned by using the insurance employer.

Coverage businesses are economic intermediaries which offer direct coverage or reinsurance services, imparting financial protection from possible hazards in the destiny.

Economics is the observe of shortage and its implications for the use of sources, manufacturing of products and services, increase of manufacturing and welfare through the years, and a super form of different complicated problems of critical difficulty to society.

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a major objective of the unemployment insurance program is to rev 12 09 2020 qc cs-244089 multiple choice help employers find the right talent for reaching their business goals. make up for lost income during a labor dispute. help those currently working to find new jobs in other fields. provide an incentive for employers to stabilize employment. offset lost income during voluntary unemployment.

Answers

The purpose of the unemployment insurance program in the United States is to compensate employees whose jobs are cut by their employers.The government's single most significant source of assistance for jobless people is the program, which was established by the 1935 Social Security Act.

What is the national program for unemployment insurance?

NATIONAL UNEMPLOYMENT INSURANCE PROGRAM BILL FILED The proposed NUIP also aims to provide workers with assistance during times of unemployment to prevent significant income loss and ensure that consumption levels do not significantly decrease.

Why did the United States establish unemployment insurance?

The Congress established the old-age and unemployment insurance programs in the midst of debate regarding the most effective strategies for addressing poverty in old age and unemployment.The unemployment insurance program, like the old-age insurance, was included in the 1935 Social Security Act's legislative package.

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which of the following is the correct ranking from least risky to most risky? select one: a. stocks, treasury bills, long-term treasury bonds b. long-term treasury bonds, stocks, treasury bills c. treasury bills, long-term treasury bonds, stocks d. stocks, long-term treasury bond, treasury bills

Answers

C. treasury bills, long-term treasury bonds, stocks is the correct ranking from least risky to most risky.

Stock consists of all the shares by using which ownership of a agency or enterprise is split. A unmarried share of the stock means fractional ownership of the employer in share to the total range of shares.

Stocks constitute ownership in a publicly traded agency. while you purchase a agency's stock, you turn out to be part-owner of that employer. as an example, if a organisation has 100,000 shares, and also you purchase 1,000 of them, you very own 1% of the business enterprise.

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in 2019, japan had a debt/gdp ratio of 256.22%. for the same year, germany had a debt/gdp ratio of 68.93%. from this data, which is not true?

Answers

We can't reach any conclusions about the government budget result of either Germany or Japan for the year of 2019.

A budget is a calculating plan, typically financial but not necessarily, for a specific time frame, typically one year or one month. Predicted sales and revenue amounts, resource quantities, environmental impacts, other impacts, assets, liabilities, and cash flows are all possible inclusions in a budget.

Budgets are a quantitative way for businesses, governments, families, and other groups to articulate their strategic plans of action. In a budget, planned expenses are expressed together with suggestions for how to fund them. A budget might show a surplus of resources for later use or a deficit if expenses are greater than income or other resources.

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an externally focused process of analyzing costs in terms of the overall supply chain is called strategic cost management. T/F

Answers

True, strategic cost management refers to an externally focused process of analyzing costs in terms of the overall supply chain.

A supply chain is a network that connects all of the people, organizations, resources, activities, and technology involved in the manufacture and sale of a product. A supply chain includes everything from the delivery of raw materials from a supplier to a manufacturer to the final delivery to the end user.

The steps may include sourcing raw materials, transporting them to production, and then transporting the finished products to a distribution center or retail store for delivery to the consumer.

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the privilege of moving funds from one fund to another within the same family without paying a commission is known as the

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Exchange permission is the right granted to shareholders of mutual funds to switch their investment from one fund to another within another fund family.

What is a brief definition of funds?

A cornerstone is a pool of funds dedicated for a certain purpose. A fund may be established to fulfill a number of goals, including the launch of a particular civic center by the local government, the giving of educational scholarships, or the settlement of customer claims through an insurance company.

What do funds in finance mean?

Funds are cooperative investments that help you diversify your total risk by pooling your money and the investment of other investors and investing it in a variety of underlying businesses.

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Mr. Nailor invests $19,000 in a money market account at his local bank. He receives annual interest of 12% for 11 years. How much return will his investment earn during this time period? Use Appendix A to calculate the answer.
Multiple Choice
$66,101
$5,453
$63,785
$47,101

Answers

Mr. Naylor invests $19,000 in a money market account at his local bank. It earns 12% annual interest for 11 years. During this period his investment will earn a return of $47,101. Here option D is the correct answer.

Future Value (Compounding Purpose) - Single Cash Flow

Return Earned = PV × [tex](1+ R)^{n}[/tex] – PV

where,

PV = Present Value of Investment = Amount Deposited = $ 19000

R = Rate of Interest = 12%

n = Number of years = 11 years

The money gained or lost on an investment over time is referred to as a return, often known as a financial return. The nominal change in an investment's dollar value over time can be used to describe a return.

Return Earned = 19000 × [tex](1.12)^{11}[/tex] - 19000

Using Table for Future Value Factor of 12% at n = 11,

Return Earned = (19000 × 3.479) - 19000

Return Earned = 66101 - 19000

Return Earned = 47101

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the process of an economy adjusting from a recession back to potential gdp in the long run without any government intervention is known as group of answer choices fiscal policy. an automatic mechanism. monetary policy.

Answers

Fiscal policy is the long-term process through which an economy recovers from a downturn and returns to its potential GDP without any direct involvement from the government.

Tax reductions and increased government expenditure are the two primary manifestations of expansionary fiscal policy. Both of those regulations aim to raise the demand for mixtures while reducing budget surpluses or adding to deficits. The method through which the government modifies its spending and sales in order to influence the larger financial system is known as financial coverage. The government may influence the economy by changing its level of expenditure and tax revenue, which can either increase or decrease financial interest in the short term.

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describe some of the ways people use agency to respond to globalization including syncretism and participation in alternative markets.

Answers

Syncretism is the blending of several beliefs—even those that appear to be at odds with one another—into a fresh, unified whole. insofar as it mediates overlapping frameworks, responds to globalisation.

As Syncretism "weapon of the weak," James C. Scott refers to the tactics used by oppressed groups to resist without directly confronting their globalisation. Small farmers and craftspeople who have been impacted by these policies can receive help from socially concerned consumers by purchasing "fair trade" products. Vendors must agree to a "fair" price in order to receive fair trade certification; this price will be increased if the world market price increases over the fair trade level.

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what topics are considered so important that they are placed on top of the strategic planning pyramid?

Answers

Because of their significance, the strategic planning pyramid places the mission and vision at the top.

What is the pyramid of strategic planning?

A strategic planning pyramid is a visual aid for elaborating a business plan's top-to-bottom goals.You may be able to plan the steps necessary to achieve the company's vision with the assistance of this straightforward strategy.

Which level of strategy is at the top of the pyramid?

Corporate-level strategy Despite its position at the top of the hierarchy, we begin this article by describing business-level strategy.

What is strategic plannings vision and mission?

Keep in mind that your goal is the vision.A mission is a broad declaration of your plan for achieving your vision.A series of ways to use the mission to achieve the vision is called a strategy.Statements of what needs to be done to implement the strategy are goals.

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gary is working extra hard because his boss promised him a bonus if he reached his goal. this is best exemplifies

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Gary is putting in extra effort because his boss assured him of a bonus if he meets his objective. This is the perfect illustration of extrinsic motivation. Extrinsic motivation is significant because it can be a useful tool for changing behaviour.

Extrinsic motivation is when someone is motivated by rewards or other factors, such as praise, fame, or money. This type of motivation is not driven by internal forces like intrinsic motivation. Extrinsic incentive includes things like getting paid to complete a task. The most fundamental distinction is between extrinsic and intrinsic drive, or doing something because it results in a separate outcome and doing something because it is intrinsically interesting or enjoyable. Extrinsic motivation is characterized as an incentive to engage in an activity based on achieving an external goal, winning a competition, gaining acclaim and approval, or receiving a prize or cash.

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the flexible budget performance report directs management's attention to areas where: (check all that apply.) multiple select question. costs differ substantially from budgeted amounts. small flexible variances exist. small quantity variances exist. revenues differ substantially from budgeted amounts.

Answers

The flexible budget performance report directs management's attention to areas where:

revenues differ substantially from budgeted amounts.costs differ substantially from budgeted amounts.

What is the flexible budget performance?

A management report called a flexible budget performance report contrasts the period's actual revenues and costs with those projected based on the actual sales volume.

The flexible budget is a useful tool for assessing the performance of managers since it adjusts itself based on activity levels; the budget should nearly match expectations at any number of activity levels.

A flexible budget can be used to improve performance evaluations since it adapts to changes in activity levels and follows anticipated expense trends.

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Oil prices are denominated in terms of _____ in international commodities markets.

Answers

Oil prices are denominated in terms of Dollars in international commodities markets.

What is market explain?

The entire number of market participants in the region or neighborhood under consideration is referred to as the market. Earth, as well as several nations, regions, states, and cities, may be the subject. The worth, expense, and cost of the goods traded depend on the buyers and sellers in the market.

What types of markets are examples?

Any location where producers, retailers, or distributors sell and customers buy is a market. Websites, main streets, and stores are a few examples. The phrase may also be used to describe all customers who purchase a product or service. Market-based businesses frequently face competition from other businesses.

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an example of injury prevention through regulation is: a. setting speed limits. b. school fire drills. c. child proof safety caps. d. litigation.

Answers

Optionn D is correct. According to the National Center for Biotechnology Information (NCBI), harm prevention is described as “activities to prevent, ameliorate, treat, and/or decrease injury-related disability and death.

What is an example of harm prevention through regulation?

Three such efforts are aimed at stopping injury-producing events from occurring: mandating child-resistant packaging for prescription pills and other hazardous substances, regulating faucet water temperature through presetting a secure hot-water heater temperature at the factory, and graduated licensing.

One of the quality approaches to stop an damage is to maintain your body loose and limber. To do this, add flexibility workouts into your routine. “The extra bendy your body is, the greater range of action you have and the much less injury-prone you become,” Travers says. Yoga is a great way to enhance your flexibility

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question an investment broker has 25 clients, each of which has invested in mutual funds or municipal bonds, or both. if 20 clients have invested in mutual funds and 18 clients have invested in municipal bonds, how many clients have invested in both?

Answers

2 clients of the broker have invested in both mutual funds and municipal bonds according to the given question.

How do mutual funds work? What are they?

A particular kind of financial vehicle known as a mutual fund combines investor funds with a single investing objective. The money are then invested in a variety of asset types, including equities and bonds, according on the scheme's objectives. An asset management firm makes these investments on the investors' behalf (AMC).

Are mutual funds a prudent investment option?

Mutual funds may be a worthwhile investment for those looking to diversify their investments. Determine whether investing in mutual funds is the best decision for you. Mutual funds offer diversification and convenience at a low cost, but whether you should invest in them depends on your unique situation.

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external fallure costs occur o after, before o before. before o after, after o before, after a defective product makes its way to the

Answers

External failure costs when the defect is discovered after it has reached the customer. This is the most expensive category of quality costs. Examples include product returns, repairs, warranty claims, lost reputation, and lost business.

recognition is a ubiquitous, spontaneous, and pretty green mechanism of social control.[2] it's far a subject of look at in social, control,[3] and technological sciences.[4] Its impact tiers from competitive settings, like markets, to cooperative ones, like corporations, corporations, institutions and communities. furthermore, reputation acts on special degrees of organisation, individual and supra-character. at the supra-person stage, it worries businesses, groups, collectives and abstract social entities (which include companies, organizations, agencies, international locations, cultures or even civilizations). It affects phenomena of different scales, from normal life[5] to relationships among countries. reputation is a fundamental instrument of social order, based upon dispensed, spontaneous social manipulate.

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Suppose we want to choose capacity for a plant that will produce a new drug. In particular, we want to choose the capacity that maximizes discounted expected profit over the next 10 years. We have the following information:
* Demand for the drug is expected to be normally distributed ~ Normal (50,000, 12,000).
* A unit of capacity costs $16 to build. * The number of units produced will equal the demand, up to capacity limits.
* The revenue per unit is $3.70 and the cost per unit is $0.20 (variable cost).
* The maintenance cost per unit of capacity is $0.40 (fixed cost).
* The discount rate is 10%.
Perform a simulation assuming the plant will be designed to meet the expected demand (i.e., 50,000 units). You may use the template below to build your model:
What is the net present value (NPV) in that case?
a. less than or equal to $10,000
b. more than $10,000 and less than or equal to $25,000
c. more than $25,000 and less than or equal to $50,000
d. more than $50,000 and less than or equal to $75,000
e. more than $75,000

Answers

The net present value, in that case, is more than $10,000 and less than or equal to $25,000. Option B.

Present value is the present value of a future amount of money or cash flow given a particular rate of return. Present value on the other hand is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Net Present Value is used to calculate the present value of future cash flows from a business project or investment. Calculating NPV involves estimating the timing and amount of future cash flows and choosing a discount rate that corresponds to the minimum acceptable rate of return. NPV is calculated as the sum of discounted cash flows. Here, the multi-year benefits minus the costs are discounted by a percentage.

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What name is given to the process in which a strand of dna is used as a template for the manufacture of a strand of pre-mrna? what name is given to the process in which a strand of dna is used as a template for the manufacture of a strand of pre-mrna? rna processing gene expression polypeptide formation transcription translation.

Answers

The process of using a strand of DNA as a template to create a strand of pre-MRNA is referred to as transcription.

What do you mean by transcription?

The process of gene expression starts with transcription. Making an RNA molecule requires duplicating the DNA sequence of a gene. RNA polymerases are enzymes that carry out transcription by joining nucleotides to create an RNA strand (using a DNA strand as a template).

The nucleus is where transcription happens. An RNA (mRNA) molecule is created using DNA as a template. An mRNA strand that is complementary to a DNA strand is created during transcription.

Transcription and translation are the processes by which DNA is converted into RNA and used to make proteins, respectively.

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Alex is a brand manager at a large corporation. For the last 14 months he has been reading and re-reading all the research data that has been gathered about the market for a new product the company is going to launch. He realizes that he has wasted too much time in his review of the data and needs to improve the implementation of his marketing plan by just doing it. Alex is attempting to overcome what problem?.

Answers

Analyzing the information provided by the statement, it can be said that Alex is trying to overcome the problem of analysis by paralysis.

What is analysis paralysis?

It corresponds to a situation where the management of a company remains paralyzed to make a certain important business decision. This occurs when there is too much concern about a problem, which can arise from too much economic projections or market data.

Analysis paralysis can lead to problems for the organization when it fails to develop its strategic actions for fear of the risks it may run.

Therefore, paralysis by analysis must be avoided if this condition prevents the business from moving forward, as the organizational environment is inherent in risks, which must be calculated, but some decisions are of importance for the success of the business.

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businesses cut back spending when the price level rises, because the resulting increased demand for money drives the interest rate upward. group of answer choices true false

Answers

The given statement is True.  For the same basket of products and services, higher prices necessitate greater financial outlay. The cost of borrowing money, or the interest rate, rises in response to the rising demand for money.

In response to higher interest rates, businesses reduce expenditure because investments become less profitable. When prices rise, the aggregate demand curve moves downward because consumers and foreigners likewise reduce their spending.

The aggregate demand curve can be changed by other policy instruments as well. The Federal Reserve, for instance, has an impact on loan availability and interest rates.

Higher interest rates have the tendency to discourage borrowing, which lowers both family expenditure on expensive products like homes and vehicles as well as company investment spending. Conversely, lower interest rates will increase demand for investments and consumer goods. Exchange rates and interest rates can both have an impact on aggregate demand's export and import components.

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results to a consumers search quey that appear even though and advertiser is not paying for them are called

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That appear even though and advertiser is not paying for them are called Walsh-Healy Public Contracts Act of 1936 and the Davis-Bacon Act of 1931.The Walsh Healey Public Contracts Act was passed to provide minimum salaries.

Working hours, and safety and health requirements for government.According to the Davis Bacon Act, government contractors are required to pay their staff a remuneration that is equal to the going rate for the area.Customer Query means a request to FNB by or on behalf of a customer or prospective customer, for information or advice regarding a product or service provided or offered by FNB, or to an agreement with FNB Bank’s products, services or related processes, or to carry out a transaction or action in relation to any such product or service. Where a customer, non-FNB customer or potential customer is expressing doubt, or needs clarity on the validity or accuracy of information.

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uppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is less than ​%. a​ mutual-fund rating agency randomly selects months and determines the rate of return for a certain fund. the standard deviation of the rate of return is computed to be ​%. is there sufficient evidence to conclude that the fund has moderate risk at the level of​ significance? a normal probability plot indicates that the monthly rates of return are normally distributed.

Answers

SD refer to a measure of how spread out the data are about the mean. A low standard deviation means that the data are clustered around the mean, and a high standard deviation means that the data are more scattered.

Standard deviation is a measure of the amount of variation or spread in a set of values. A low standard deviation indicates that the values ​​tend to be closer to the mean (also called mean) of the set, while a high standard deviation indicates that the values ​​are more spread out.The standard deviation is sometimes abbreviated SD and is most commonly represented in mathematical texts and equations by the lowercase Greek letter σ (sigma) for the population standard deviation or the Latin letter s for the sample standard deviation.The standard deviation of a random variable, sample, population, dataset, or probability distribution is the square root of its variance. This is algebraically simpler than the mean absolute deviation, but is actually less robust A useful property of the standard deviation is that, unlike the variance, it is expressed in the same units as the data.The standard deviation of a population or sample and the standard error of a statistic (such as the sample mean) are distinct but related. The standard error of the sample mean is the standard deviation of a series of means obtained by taking an infinite number of replicate samples from a population and calculating the mean of each sample. The standard error of the mean is equal to the population standard deviation divided by the square root of the sample size and is estimated using the sample standard deviation divided by the square root of the sample size. For example, the standard error of a survey (reported as the survey error bar) is the expected standard deviation of the estimated mean if the same survey were performed multiple times. The standard error thus estimates the standard deviation of the estimate and itself measures how dependent the estimate is on a particular sample taken from the population.In science, it is common to report both the standard deviation of data (as a summary statistic) and the standard error of an estimate (as a measure of the potential error of the result). By convention, only effects that are more than 2 standard errors from zero expectation are considered "statistically significant". This is actually a safeguard against false conclusions due to random sampling error

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a company is considering an iron ore extraction project that requires an initial investment of​ $1,200,000 and will yield annual cash inflows of​ $534,283 for three years. the​ company's discount rate is​ 9%. calculate irr

Answers

Answer:

b. 15%

Explanation:

IRR is the discount rate that equates the after tax cash flows from an investment to the amount invested.

IRR can be calculated using a financial calculator:

Cash flow in year 0 = -$1,200,000

Cash flow each year for 3 years =  $534,283

IRR = 15%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

What is IRR?

In financial analysis, the internal rate of return (IRR) is a statistic used to calculate the profitability of possible investments. IRR is a discount rate that, in a discounted cash flow analysis, reduces all cash flows' net present values (NPV) to zero.

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