A prominent medical group claims that the population mean of the surgery durations for all heart valve patients is 5.42 hou health insurance company and want to test that claim. To do so, you select a random sample of 32 heart valve surgery pati duration for each. Assume it is known that the population standard deviation of the durations of all heart valve surgeries is

Answers

Answer 1

A 95% confidence interval for the population mean of the surgery durations for all heart valve patients is (4.022, 5.398). This contradicts the medical group's claim that the population mean is 5.42 hours. So,  medical group's claim cannot be rejected.

Sample size = 32

Point estimate for the population mean = 4.71

Population standard deviation = 1.92

Critical value (from the table of critical values provided) for 95% confidence interval = 1.96

Using the formula for a confidence interval for a population mean with known population standard deviation, we get

Confidence interval = (point estimate - margin of error, point estimate + margin of error)

Margin of error = critical value * (population standard deviation / sqrt(sample size))

= 1.96 * (1.92 / sqrt(32))

= 0.688

Therefore, the 95% confidence interval for the population mean of the surgery durations for all heart valve patients is

(4.71 - 0.688, 4.71 + 0.688) = (4.022, 5.398)

Since the claimed population mean of 5.42 hours falls within this confidence interval, we cannot reject the medical group's claim at the 95% confidence level based on this sample.

To know more about confidence interval:

https://brainly.com/question/29680703

#SPJ1

--The given question is incomplete, the complete question is given

" A prominent medical group claims that the population mean of the surgery durations for all heart valve patients is 5.42 hours. You are a data analyst for a health insurance company and want to test that aim. To do so, you select a random sample of 32 heart valve surgery patients, and you record the surgery duration for each. Assume it is known that the population standard deviation of the durations of all heart valve surgeries is 192 hours Based on your sample, follow the steps below to construct a 95% confidence interval for the population mean of the surgery durations for all heart Valve patients. The state whether the confidence interval you construct contradicts the medical group's claim. (If necessary, consulta list of formulas. (w)

Click on "Take Sample to see the results from your random sample of 32 heart valve patients Sample standard deviation 1.43 Sample mean 4.71 Population standard deviation 1.92 Number of patients 32 Enter the values of the sample size, the point estimate for the population mean, the population standard deviation, and the critical value you need for your 95% confidence interval (Choose the correct critical value from the table of critical values provided.) Critical value: 0.95 70.00 2.576 20.019-2326 20.025 1.960 70.050 1.645 "--


Related Questions

The graph shows a dilation of trapezoid TRAP with respect to the origin.


Which statements are true about the figures? Select three options.

The factor of dilation is .
The ratio of the perimeter of TRAP to the perimeter of T'R'A'P' is .
The ratio of the x-coordinate of P’ to the x-coordinate of P is .
The ratio of PT to P'T' is .
The ratio of the y-coordinate of R’ to the x-coordinate of R is .​

The graph shows a dilation of trapezoid TRAP with respect to the origin.Which statements are true about

Answers

Answer:

The answer is D

Step-by-step explanation:

edge2020

Tom will rent a car for the weekend he can choose one of two plans. the first plan has an initial fee of $53.96 and cost an additional $0.13 per mile driven. the second plan has an initial fee of $43.96 and cost additional $0.18 per mile driven. how many miles what time need to drive for the two plans to cost the same?​

Answers

Let's suppose that Tom drives x miles. Then, the total cost of the first plan will be:

C1 = 53.96 + 0.13x

And the total cost of the second plan will be:

C2 = 43.96 + 0.18x

To find how many miles Tom needs to drive for the two plans to cost the same, we need to solve the following equation:

53.96 + 0.13x = 43.96 + 0.18x

Simplifying:

10 = 0.05x

x = 200

Therefore, Tom needs to drive 200 miles for the two plans to cost the same.

Determined three ways have a total cost of six dollars each apple cost $1.50 each banana cost $.30 and there’s two more bananas then apples.

Answers

The cost of the apples is 2.9 dollars.

The cost of the bananas is 5.7 dollars.

How to find the number of fruits bought?

The total cost is 6 dollars, each apple cost $1.50 each banana cost $.30 and there’s two more bananas then apples.

Therefore,

let

x = number of apples

y = 2x

where

y = number of bananas

Therefore, using equations,

1.5(x) + y(0.30) = 6

Hence,

where

y = 2x

1.5(x) + 2x(0.30) = 6

1.5x + 0.6x = 6

2.1x = 6

divide both sides by 2.1

x = 6 / 2.1

x = 2.9 dollars

y = 2(2.9) = 5.7 dollars

learn more on cost here: https://brainly.com/question/31245217

#SPJ1

Margaret drove to a business appointment at 70 mph. Her average speed on the return trip was 60 mph. The return trip took 1/3 hr longer because of heavy traffic. How far did she travel to the appointment?​

Margaret drove to a business appointment at 70 mph. Her average speed on the return trip was 60 mph.

Answers

Answer:

70t = 60t + 10

10t = 10

t = 1 hour

----------

1 hour  70 mi/hr = 70 miles

Step-by-step explanation:

it takes jesse four times as long to edit a chapter in a book as it takes curtis. if it takes curtis t hr to edit the chapter, at what rate does jesse do the job? write your answer as a single fraction in exact simplest form.

Answers

The rate at which Jesse did the job is 1/4t chapter/hour

What is rate?

A rate is a special ratio in which the two terms are in different units. For example, if a 12-ounce can of corn costs 69¢, the rate is 69¢ for 12 ounces. This is not a ratio of two like units, such as shirts. This is a ratio of two unlike units: cents and ounces.

It takes Jesse four times as long as Curtis to edit a chapter

if takes Curtis t hrs, then,

it will take Jesse 4t hours

therefore the rate of Jesse = 1 chapter/4t hours

= 1/4t chapter/hour

learn more about rate from

https://brainly.com/question/25793394

#SPJ1

The top of square table has an area of 24 square feet. What is the length of 1 edge of the tabletop?

Answers

The length of one edge of the tabletop is 4.89 feet.

We know that square is a shape that has all the side equal. Based on this using the formula to find the length of edge of the tabletop.

The area of square table is given by the formula -

Area of square table = side²

We will keep the value of area of square table to find the value of side which will be length of edge

24 = side²

Side = ✓24

Taking square root for the value on right side of the equation

Side = 4.89

Hence, the length of one edge of the tabletop is 4.89 feet.

Learn more about square -

https://brainly.com/question/25092270

#SPJ4

Use the accompanying histogram to answer the following questions. a) How many homes were included in the survey? b) In how many homes were five televisions observed? c) What is the modal class? d) How many televisions were observed? e) Construct a frequency distribution from this histogram. a) There were homes included in the survey. (Type a whole number.)

Answers

a) To determine how many homes were included in the survey, we need to look at the total number of bars in the histogram. In this case, there are 10 bars representing different ranges of the number of televisions observed in a home. Each bar corresponds to a specific range or class. Counting the number of bars, we find that there are 10 bars in total.


b) To find out in how many homes five televisions were observed, we need to look at the bar that represents the class or range that includes the value 5. In this histogram, the bar that represents the range 4-6 includes the value 5. Therefore, in this survey, 5 televisions were observed in homes.


c) The modal class refers to the class or range with the highest frequency, or the tallest bar in the histogram. In this case, the bar that represents the range 1-3 has the highest frequency, which is 8. Therefore, the modal class is the range 1-3.

d) To determine how many televisions were observed in total, we need to sum up the frequencies of all the bars in the histogram. By adding up the frequencies of each bar, we find that a total of 28 televisions were observed in the survey.

e) To construct a frequency distribution from this histogram, we need to list the different classes or ranges and their corresponding frequencies.

- The range 0-1 has a frequency of 2.
- The range 1-3 has a frequency of 8.
- The range 4-6 has a frequency of 5.
- The range 7-9 has a frequency of 4.
- The range 10-12 has a frequency of 3.
- The range 13-15 has a frequency of 2.
- The range 16-18 has a frequency of 1.
- The range 19-21 has a frequency of 2.
- The range 22-24 has a frequency of 1.
- The range 25-27 has a frequency of 0.


By listing the different ranges and their frequencies, we have constructed a frequency distribution from the given histogram.

To learn more about "Histogram" visit: https://brainly.com/question/25983327

#SPJ11

The exact solution(s) of the equation log(x−3)−log(x+1)=2 is ------ a.−4 − b.4/99
​c.4/99 d− 103/99

The equation has no solutions. None of the above.

Answers

We are given the equation log(x−3)−log(x+1) = 2.

We simplify it by using the identity, loga - l\(ogb = log(a/b)log[(x-3)/(x+1)] = 2log[(x-3)/(x+1)] = log[(x-3)/(x+1)]²=2\)

Taking the exponential on both sides, we get\((x-3)/(x+1) = e²x-3 = e²(x+1)x - 3 = e²x + 2ex + 1\)

Rearranging and setting the terms equal to zero, we gete²x - x - 4 = 0This is a quadratic equation of the form ax² + bx + c = 0, where a = e², b = -1 and c = -4.

The discriminant, D = b² - 4ac = 1 + 4e⁴ > 0

Therefore, the quadratic has two distinct roots.

The exact solutions of the equation l\(og(x−3)−log(x+1) =\)2 are given byx = (-b ± √D)/(2a)

Substituting the values of a, b and D, we getx = [1 ± √(1 + 4e⁴)]/(2e²)Therefore, the answer is option D.

To know more about equation visit:

https://brainly.com/question/29657988

#SPJ11

answer this question. (5.6)(1.8)

Answers

(5.6)(1.8) the answer is 10.08
10.08 is the answer

suppose that we want to generate the outcome of the flip of a fair coin, but that all we have at our disposal is a biased coin that lands on heads with some unknown probability p that need not equal to 1 2 . consider the following procedure for accomplishing your task

Answers

The probability of getting heads is 1/2 which typically implies that the coin is fair. NO, procedure (b) does not give a fair coin flip outcome.

Given that, we want to generate the outcome of the flip of a fair coin, but that all we have at our disposal is a biased coin which lands on heads with some unknown probability p that need not be equal to1/2.

What is the probability?

Probability is the branch of mathematics concerning numerical descriptions of how likely an event is to occur, or how likely it is that a proposition is true.

The following procedure for accomplishing our task are:

1. Flip the coin.

2. Flip the coin again.

From here will know that the coin is first flipped twice

3. If both flips land on heads or both land on tails, it implies that we return to step 1 to start again. this makes the flip to be insignificant since both flips land on heads or both land on tails

But if the outcomes of the two flip are different i.e., they did not land on both heads or both did not land on tails , then we will consider such an outcome.

Let the probability of head = p

so P(head) = p

the probability of tail be = (1 - p)

This kind of probability follows a conditional distribution.

Therefore, the probability of getting heads is 1/2 which typically implies that the coin is fair. NO, procedure (b) does not give a fair coin flip outcome.

To learn more about the probability visit:

https://brainly.com/question/12905909.

#SPJ1

"Your question is incomplete, probably the complete question/missing part is:"

Suppose that we want to generate the outcome of the flip of a fair coin, but that all we have at our disposal is a biased coin which lands on heads with some unknown probability p that need not be equal to1/2. Consider the following procedure for accomplishing our task:

1. Flip the coin.

2. Flip the coin again.

3. If both flips land on heads or both land on tails, return to step 1. 4. Let the result of the last flip be the result of the experiment.

(a) Show that the result is equally likely to be either heads or tails.

(b) Could we use a simpler procedure that continues to flip the coin until the last two flips are different and then lets the result be the outcome of the final flip?

Factor m– m2 + 7m – 7 completely.

Answers

The answer is -m2 + 8m -7. The two is squared by the way :)
If the m2 is m squared, then the answer is


m(m-1) + 7(m-1)
(7+m) (m-1)

m=-7
m=1

consider the word meeting. how many unique subsets of 5 letters (of the 7) exist? how many different strings could be made from 5 of those 7 letters?

Answers

There are 1260 different strings that can be made from 5 of the 7 letters in the word "meeting."

To determine the number of unique subsets of 5 letters from the word "meeting," we can use the combination formula:

\(n_Cr = n! / r!(n-r)!\)

Where n is the total number of items (in this case, the number of letters in the word "meeting") and r is the number of items being selected (in this case, 5 letters).

So, for "meeting," n = 7 and r = 5.

Plugging these values into the formula gives:

\(7C5 = 7! / 5!(7-5)! = 21\)

Therefore, there are 21 unique subsets of 5 letters that can be formed from the letters in the word "meeting."

To determine the number of different strings that can be made from 5 of those 7 letters, we can use the permutation formula:

\(n_Pr = n! / (n-r)!\)

Where n is the total number of items (in this case, the number of letters in the word "meeting") and r is the number of items being selected (in this case, 5 letters).

So, for "meeting," n = 7 and r = 5.

Plugging these values into the formula gives:

7P5 = 7! / (7-5)!

= 7! / 2!

= 2520 / 2

= 1260

For similar question on strings.

https://brainly.com/question/31283683

#SPJ11

Jordan has some music books. He will buy 9 new music books each year. He will have 52 music books in 5 years. Rate of change per year = ____ Initial value = _____

Answers

Okay the answer is I have no clue

Sound waves are emitted from a fishing boat. Some of the sound waves are reflected by fish and detected back at the boat.The shortest time between the sound waves being emitted and detected is 0.26 s. The speed of sound in water is 1500 m/s.A) Calculate the distance between the boat and the nearest fish.

Answers

Answer:

195 m.

Step-by-step explanation:

The time for the  sound waves to reach the fish is 0.26/2 = 0.13 seconds.

Distance = speed * time

= 1500 * 0.13

= 195 m.

will mark brainliest pls :)
do not scam :(

will mark brainliest pls :)do not scam :(

Answers

Answer:

I think -$111.21 soB i am really bad at math

Step-by-step explanation:

Let f(x)=2^{x} . Find the average rate of change of f over the x interval [1,3] .

Answers

The average rate of change of f(x) = 2^x over the interval [1, 3] is 3.

To find the average rate of change of f(x)=2^x over the x interval [1,3], we use the formula: (f(3) - f(1)) / (3 - 1).

To calculate the average rate of change of a function over a specific interval, we use the following formula:

Average Rate of Change = (f(b) - f(a)) / (b - a),

where f(a) represents the value of the function at the lower limit of the interval (a) and f(b) represents the value of the function at the upper limit of the interval (b).

In this case, the function is f(x) = 2^x and the interval is [1, 3].

To find the average rate of change of f(x) over the interval [1, 3], we substitute the values into the formula:

Average Rate of Change = (f(3) - f(1)) / (3 - 1).

Now, let's calculate f(3) and f(1):

f(3) = 2^3 = 8,
f(1) = 2^1 = 2.

Substituting these values into the formula:

Average Rate of Change = (8 - 2) / (3 - 1) = 6 / 2 = 3.

Therefore, the average rate of change of f(x) = 2^x over the interval [1, 3] is 3.

Know more about average rate of change here:

https://brainly.com/question/13235160

#SPJ11

What is the MEAN of the data set below?(0.2,0.8,0.4,0.3,0.4,0.4,0.4,0.8,1.3)

Answers

Answer:

5/9

Step-by-step explanation:

we add all of the values and divide by the total number in this case 9, all of them add to make 5 so we do 5÷9 to get 5/9

factor 25-4z^2
im having trouble with a question

Answers

Answer:

(5-2z)(5+2z)

Step-by-step explanation:

25 -4z^2

Rewriting

5^2 - (2z)^2

This is the difference of squares  a^2 - b^2 = (a-b)(a+b)

(5-2z)(5+2z)

Find the range of the given data ?

Find the range of the given data ?

Answers

Answer:

16

Step-by-step explanation:

2 is the smallest number and 8 is the largest. To find range you have to subtract the smallest number from the largest. 18-2=16

4) Rachel races on a bicycle with 12 inch radius wheels. When she is traveling at 60 ft/sec, how many revolutions per minute are her wheels making

Answers

The 573.24 ft/min revolutions per minute her wheels make if the bicyclist races on a bicyclist with 12-inch-radius wheels.

As we know the circumference of a wheel = 2πr

The radius of a wheel = 12 inch

The radius of a wheel = 1 ft

Circumference = 2 * 3.14 * 1

Circumference = 6.28 ft

The distance covered in one minute = 60 * 60 ft/min

The distance covered in one minute = 3600 ft/min

Now, revolution per minute = 3600/6.28

Revolution per minute = 573.24 ft/mn\in

Thus, the 573.24 ft/min revolutions per minute her wheels make if the bicyclist races on a bicyclist with 12-inch-radius wheels.

To learn more about unit conversion,

https://brainly.com/question/14350438

An equation for the line whose slope is 4 and which passes thorough the point (-5,3)

Answers

Answer:

y = 4x + 23

Step-by-step explanation:

\(y-y_{1}=m(x-x_{1} )\\y-3=4(x-(-5))\\y-3=4(x+5)\\y-3=4x+20\\y=4x+23\)

The equation of the line is required.

The equation of the line is \(y=4x+23\)

Equation of line

\(m\) = Slope of line = 4

Point = \((-5,3)\)

\(x_1=-5\)

\(y_1=3\)

Equation of a line is given by

\(y-y_1=m(x-x_1)\\\Rightarrow y-3=4(x-(-5))\\\Rightarrow y-3=4x+20\\\Rightarrow y=4x+20+3\\\Rightarrow y=4x+23\)

Learn more about equation of line:

https://brainly.com/question/13763238

What is the product of five and a number, decreased by eleven

Answers

Answer:

5x-11

Step-by-step explanation:

This is the word problem as an expression

5x-55 represents the mathematical expression for the given statement.

What is an expression?

Expressions in maths are mathematical statements that have a minimum of two terms containing numbers or variables, or both, connected by an operator in between.

Given is a statement, the product of five and a number, decreased by eleven,

Let the number be x, converting the given statement, into a mathematical expression, we get

5(x-11)

= 5x-55

Hence, 5x-55 represents the mathematical expression for the given statement.

For more references on expressions, click;

https://brainly.com/question/14083225

#SPJ2

In an activity club with 30 students, the offices of president, vice president, and treasurer will be filled. in how many ways can the offices be filled?

Answers

There are 24,360 ways to fill the offices of president, vice president, and treasurer in the activity club.

To determine the number of ways the offices of president, vice president, and treasurer can be filled in an activity club with 30 students, we can use the concept of permutations.

Since each office can only be filled by one student, we have 30 choices for the president position. Once the president is chosen, we have 29 remaining students to choose from for the vice president position. Finally, for the treasurer position, we have 28 remaining students to choose from.

To calculate the total number of ways, we multiply the number of choices for each position:

Number of ways = 30 * 29 * 28

Calculating this, we get:

Number of ways = 24,360

Therefore, there are 24,360 ways to fill the offices of president, vice president, and treasurer in the activity club.

Learn more about permutations here:

https://brainly.com/question/3867157

#SPJ11

1 meter = 3.3 ft how many does 8 =?​

Answers

Answer: 26.4 ft.

Step-by-step explanation: To find the numerical value of 8 meters in feet you need to use unit multipliers. In this case, you need to multiply 8 meters by 3.3 ft / 1 meter. This would cancel out the meters, making the unit feet. 8*3.3 = 26.4, so the answer is 26.4 ft.

26. 4 feet!!!!! and 8 megters

The complement of an angle is 10 less than 4 times the angle itself. What is the measure of the angle and its complement?

Answers

Answer:

Below.

Step-by-step explanation:

If the angle is x degrees then its complement is 90-x degrees.

So 90-x = 4x - 10

90 + 10 = 4x + x

5x = 100

x = 20.

and the complement is 90-20 = 70.

Explain whether or not has a solution, using a graphical representation. 2. Given the function y=cos(x−π) in the interval x∈[0,4π], state each of the following: a) an interval where the average rate of change is a negative value (include a sketch) b) x-value[s] when the instantaneous rate of change is zero (refer to sketch above) 3. Determine an exact solution(s) for each equation in the interval x∈[0,2π]. sin2x−0.25=0

Answers

1. The function y = cos(x-π) has a solution in the interval [0, 4π].

2.The exact solution for the equation sin(2x) - 0.25 = 0 in the interval

   [0,2π] is x = π/6, 5π/6, 7π/6, and 11π/6.

To determine whether the equation sin(2x) - 0.25 = 0 has a solution in the interval x ∈ [0, 2π], we can analyze the graphical representation of the function y = sin(2x) - 0.25.

Plotting the graph of y = sin(2x) - 0.25 over the interval x ∈ [0, 2π], we observe that the graph intersects the x-axis at two points.

These points indicate the solutions to the equation sin(2x) - 0.25 = 0 in the given interval.

To find the exact solutions, we can set sin(2x) - 0.25 equal to zero and solve for x.

Rearranging the equation, we have sin(2x) = 0.25. Taking the inverse sine (or arcsine) of both sides, we obtain 2x = arcsin(0.25).

Now, we can solve for x by dividing both sides of the equation by 2. Thus, x = (1/2) * arcsin(0.25).

Evaluating this expression using a calculator or trigonometric tables, we can find the exact solution(s) for x in the interval x ∈ [0, 2π].

Learn more about trigonometric :

brainly.com/question/29156330

#SPJ11

Explain whether or not has a solution, using a graphical representation. 2. Given the function y=cos(x)

Testing more properties of the Cobb-Douglas utility function Check if the Cobb-Douglas utility function u(x
1

,x
2

)=x
i
α

x
2
β

, where α,β>0, satisfies the following properties: (a) local nonsatiation, (b) decreasing marginal utility for both goods 1 and 2, (c) quasi-concavity, and (d) homotheticity.

Answers

The Cobb-Douglas utility function satisfies the properties of local non-satiation, decreasing marginal utility for both goods, quasi-concavity, and homotheticity.

The Cobb-Douglas utility function u(x1, x2) = xi^(α) * x2^(β), where α and β are both greater than zero, satisfies the following properties:

(a) Local non-satiation:

This property states that at each point of the consumption set, there is always another bundle that is arbitrarily close and strictly preferred. Thus, the function has local non-satiation.

(b) Decreasing marginal utility for both goods 1 and 2: The marginal utility of a good measures the utility obtained by consuming one more unit of it. The marginal utility of x1 can be obtained as:

MU1 = α * xi^(α−1) * x2^(β)

The marginal utility of x2 can be obtained as:

MU2 = β * xi^(α) * x2^(β−1)

Therefore, both marginal utilities are decreasing in x1 and x2, satisfying this property.

(c) Quasi-concavity:

The Cobb-Douglas function is quasi-concave. This means that the upper contour set of any level set of the function is convex. This can be proved by taking the second partial derivative of the function and checking whether it is negative or not.

(d) Homotheticity:

The Cobb-Douglas function is homothetic. This means that its shape is independent of the total level of utility. The proof can be achieved by checking whether the function is homogeneous of degree one or not. This is true, since multiplying the inputs by any positive scalar λ leads to a proportional increase in the output.

In conclusion, the Cobb-Douglas utility function satisfies all four properties - local non-satiation, decreasing marginal utility for both goods 1 and 2, quasi-concavity, and homotheticity.

Learn More About marginal utility from the below link:

https://brainly.com/question/15050855

#SPJ11

For a research project, students are asked to study how often students at an online high school look at social
media while doing schoolwork.

1. Sofie decides to develop a survey.
(a) Give an example of a question she could ask on her survey.
(b) How could Sofie select a simple random sample of students to take her survey?
(c) She gives out 80 surveys but receives only 32 completed surveys. What are the sample and
population for Sofie’s research?
(d) Of the 32 students who completed surveys, 16 said they use social media while doing schoolwork. If
Sofie uses only the completed surveys, what conclusion could she make about the percent of all high
school students who use social media while doing schoolwork?

Answers

(a) Example question: "How often do you look at social media while doing schoolwork?

(b) Sofie can select a simple random sample of students by using a random number generator to assign a unique identification number to each student in the online high school.

(c) The sample for Sofie's research is the 32 completed surveys she received. These surveys represent the responses of a subset of the population. The population, in this case, refers to all the students at the online high school.

(d) If Sofie uses only the completed surveys, she can conclude that approximately 50% (16 out of 32) of the students who completed the survey reported using social media while doing schoolwork.

(a) Please select one of the following options: never, rarely, occasionally, frequently, or always."

(b) She can then use the random number generator again to select a specific number of students from the entire population of students, ensuring that each student has an equal chance of being selected. For example, if there are 500 students in total and Sofie wants a sample size of 50, she can generate 50 random numbers and select the corresponding students based on their identification numbers.

(d) However, it is important to note that this conclusion is specific to the sample of completed surveys and cannot be generalized to the entire population of high school students.

To make an inference about the percent of all high school students who use social media while doing schoolwork, Sofie would need a larger and more representative sample that covers a wider range of students in the online high school.

Additionally, she should consider potential biases in the sample, such as non-response bias if the students who chose not to complete the survey have different social media usage patterns compared to those who did respond.

For more such questions on surveys

https://brainly.com/question/30735918

#SPJ8

paul's plumbing is a small business that employs 12 people. which of the following is the best example of an implicit cost incurred by this firm?

Answers

The best example of an implicit cost incurred by Paul's Plumbing, a small business that employs 12 people, is: The accounting services provided free of charge to the firm by Paul's wife, who is an accountant.

Implicit cost is a type of economic cost that is not reflected in a company's accounting records or financial statements. These costs can be seen as indirect costs that are not incurred on a cash basis. The opportunity cost of any resources used in producing a good or service is known as an implicit cost. Therefore, the accounting services provided free of charge to the firm by Paul's wife, who is an accountant, are considered the best example of implicit costs. Because this service is not included in the company's accounting records or financial statements.

However, the wages paid to the 12 employees, half of the payroll taxes on the wages of the 12 employees paid by the employers, but not the half paid by the employees, and tax payments on property owned by the firm, are examples of explicit costs.

Learn more about implicit cost: https://brainly.com/question/7824689

#SPJ11

What value of x makes this equation true? -2x + 3 = -15 x=?

Answers

The Value of x that makes the equation -2x + 3 = -15 true is x = 9.

The value of x that makes the equation -2x + 3 = -15 true, we need to solve the equation for x.

Let's go step by step:

-2x + 3 = -15

First, we want to isolate the variable x,  subtract 3 from both sides of the equation:

-2x + 3 - 3 = -15 - 3

Simplifying, we have:

-2x = -18

Next,  divide both sides of the equation by -2 to solve for x:

-2x / -2 = -18 / -2

Simplifying further:

x = 9

Therefore, the value of x that makes the equation -2x + 3 = -15 true is x = 9.

By substituting x = 9 back into the original equation, we can verify that it satisfies the equation:

-2(9) + 3 = -18 + 3 = -15

Thus, x = 9 is the solution that makes the equation -2x + 3 = -15 true.

For more questions on Value .

https://brainly.com/question/843074

#SPJ8

Other Questions
Make recommendations to management about how BMW Motor Group canleverage management theory to align more closely to the imperativesto the Singapore Green Plan. drag the appropriate trnas to the binding sites on the ribosome to show the configuration immediately before a new peptide bond forms. note that one of the binding sites should be left empty. Which of the following is the proper terminology for a massage described as a light stroking movement that may be performed in circular pattern Factor out the greatest common factor. If the greatest common factor is 1, just retype thepolynomial.3154410 - 3 a particular star has a surface temperature of 5800 k and its luminosity is 10000 times higher than the sun's luminosity. how does the star's radius compare with the radius of the sun? you deposit $400 in an accountthat pays 3. 75% interestcompounded monthly. How longdoes it take for the balance toquadruple. A = P(1+) A masonry contractor is preparing an estimate for building a stone wall and gate. He estimates that the job will take a40-hour work week. He plans to have three laborers at $15 per hour and four masons at $25 per hour. He'll need $3268worth of materials and wishes to make a profit of $700. Write a mathematical statement that will give the estimated cost ofthe job. Then calculate this total.Select the correct choice below and fill in the answer box to complete your choice. Order the expressions from least to greatest.23 - 213221 +31Stuck? Review related articles/videos or use a hint. Following an Indian flavor profile to create her competition plate, Chef Apoorva rubbed her chicken with _____. Describe a problem that can be solved using a graph or a tree data structure. Provide a brief description of your implementation design for solving this problem. Who conquered New France in 1760?FranceO EnglandUnited StatesO Indians kora experienced difficulties in the first stage of psychosocial development outlined by erikson. in her adult years, she is most likely to A mother is talking to the nurse and is concerned about managing her asthma while she is pregnant. Which response to the nurse's teaching indicates that the woman needs further instruction?"I need to begin taking allergy shots like my friend to prevent me from having an allergic reaction this spring."A pregnant woman with a history of asthma needs to be proactive, taking her inhalers and other asthma medications to prevent an acute asthma attack. She needs to understand that it is far more dangerous to not take the medications and have an asthma attack. She also needs to monitor her peak flow for decreases, be aware of triggers, and avoid them if possible. However, a pregnant woman should never begin allergy shots if she has not been taking them previously, due to the potential of an adverse reaction. In 1959 William Malloway was arrested for gambling by the police in Hartford Connecticut after pleading guilty he was sentenced to one year in jail and find $500 after three months in to his jail sentence Malloway was placed on two years probation Walmart Malloway was still on probation a Connecticut superior court order Malloway to testify that about gambling and other criminal activities in Hartford County when malware refused on the grounds that it might incriminate him on other charges he was put in jail and held until he was willing to answer questions what right was violin Helpppppppp meeeeeeeeeeeeee Aubrae Company is making adjusting entries for the year ended December 31 of the current year. In developing information for the adjusting entries, the accountant learned the following:A two-year insurance premium of $2,640 was paid on October 1 of the current year for coverage beginning on that date. The bookkeeper debited the full amount to Prepaid Insurance on October 1.At December 31 of the current year, the following data relating to Shipping Supplies were obtained from the records and supporting documents.- Shipping supplies on hand, January 1 of the current year$15,500- Purchases of shipping supplies during the current year68,500- Shipping supplies on hand, counted on December 31 of the current year 12,5001. Record the adjusting entry for insurance at December 31 of the current year. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)2.Record the adjusting entry for supplies at December 31 of the current year, assuming that the shipping supplies purchased during the current year were debited in full to the account Shipping Supplies. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)3. What amount should be reported on the current year's income statement for Insurance Expense? For Shipping Supplies Expense? (Do not round intermediate calculations.)4. What amount should be reported on the current year's balance sheet for Prepaid Insurance? For Shipping Supplies? (Do not round intermediate calculations.) PLEASE HELP!!! IF YOU SEND A LINK FOR ME TO CLICK I WILL REPORT U wo telephone calls come into a switchboard at random times in a fixed one-hour period. assume that the calls are made independently of one another. what is the probability that the calls are made 9 10 Past simple 4 Complete the e-mail with the past simple tense of the verb be. Hi Olivia, Last weekend, I'_was with Katie. It 1 Steve 3 OK, but the weather 6 terrible! We 8 at a music festival near Bristol. Sally and with us because they don't like pop music. I usually like festivals, but this 4 very good. The musicians 5 Bye, Sarah Sunday evening. It 11 It? 7 very happy because we cold and wet all weekend. We very pleased to get home on a good weekend!help Which period 3 element has successive first through seventh ionization energies (kJ/mol) : Ei1 = 578; Ei2 = 1,817; Ei3 = 2,745; Ei4 = 11,575; Ei5 = 14,830; Ei6 = 18,376; and Ei7 = 23,293? A) Mg B) Cl C) S D) Al