To analyze the data using an appropriate control chart, create an individuals control chart (also known as an XmR chart) with two-sigma control limits. This control chart is used to monitor variation over time and detect any unusual patterns or shifts in the data.
First, calculate the average (X-bar) and moving range (MR) for each week:
Week Opposed
1 12
2 10
3 12
4 9
5 8
6 14
7 11
8 10
X-bar (Average) = (12 + 10 + 12 + 9 + 8 + 14 + 11 + 10) / 8 = 10.75
Next, we calculate the moving range (MR) for each week:
MR(1-2) = |10 - 12| = 2
MR(2-3) = |12 - 10| = 2
MR(3-4) = |9 - 12| = 3
MR(4-5) = |8 - 9| = 1
MR(5-6) = |14 - 8| = 6
MR(6-7) = |11 - 14| = 3
MR(7-8) = |10 - 11| = 1
Next, calculate the average of the moving ranges (MR-bar):
MR-bar = (2 + 2 + 3 + 1 + 6 + 3 + 1) / 7 = 2.43
Using the two-sigma control limits, we calculate the control limits for the individuals chart:
Upper Control Limit (UCL) = X-bar + 2 * (MR-bar / d2)
Lower Control Limit (LCL) = X-bar - 2 * (MR-bar / d2)
The constant d2 is used to estimate the standard deviation of the moving ranges and depends on the subgroup size. For a subgroup size of 2, the value of d2 is approximately 1.128.
UCL = 10.75 + 2 * (2.43 / 1.128) = 10.75 + 4.313 = 15.063
LCL = 10.75 - 2 * (2.43 / 1.128) = 10.75 - 4.313 = 6.437
Plotting the data points on the individuals control chart:
Week Opposed UCL LCL
1 12 15.063 6.437
2 10 15.063 6.437
3 12 15.063 6.437
4 9 15.063 6.437
5 8 15.063 6.437
6 14 15.063 6.437
7 11 15.063 6.437
8 10 15.063 6.437
By plotting the data points on the chart, one can visualize any trends, patterns, or points that fall outside the control limits. This helps us identify any unusual variations in the data that may require further investigation.
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Pfizer, Inc. (PFE) has earnings per share of $2. 09 and a P/E ratio of 11. 2. What is the stock price?
29
Multiple Choice
3. 3
points
$23. 03
$18. 97
$5. 27
$0. 19
Answer:
it should be 23.03 and 0.19
Which of the following is not an optional deduction?
A. Life Insurance
B. 401(k)
C. Health Insurance
D. Medicare
Answer:
D. Medicare
Explanation:
Medicare is a federal tax imposed on all workers. It is a compulsory deduction based on the worker's gross pay. Employers are required to withhold the medicare tax amounts are remit to the government. Medicare is used by the federal government to provide medicare care to senior citizens aged 65 years and above.
Life Insurance, 401(k), and Health Insurance are voluntary deductions. The employer withholds the amounts and remits them to the relevant agency as per the employee's request.
An individual is a head of household. what is her standard deduction? a.$24,800 b.$18,350 c.$12,400 d.$18,650 e.none of these choices are correct.
An individual is a head of household. Her standard deduction is $18,650.
The standard deduction is a term that is often used to refer to reduction in a taxpayer’s taxable income. It helps in ensuring that only households that are with income that is above certain thresholds will owe any income tax.
As of 2020 it is $12,400 for single filers, $24,800 for married couples, and $18,650 for heads of household.
Before 2018, taxpayers also claimed a personal exemption for themselves and their dependents. Together, the standard deduction and personal exemptions resulted in a taxable income thresholds in the USA.
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Corinth's labor supply grew by 1.4% and land stock grew by 1% from 425 BCE to 424 BCE. Landowners received 50% of income. If total factor productivity grew by 0.3% find the growth rate of aggregate output.
Answer:
1.51%
Explanation:
Recall that:
Total Output = \(A\times K^a \times ^{1-a}\)
here;
A = total productivity factor
K = capital input
L = labor input
SInce Landowners gets 50% of income; then a = 0.50
\(= A\times K^ {0.50} \times ^{1-0.50}\)
Output at 424BBC
\(= 1.003A \times (1.014K)^{0.5}(1.01L)^{0.5}\)
\(= 1.003 \times (1.007)(1.005)AK^{0.5}L^{0.5}\)
\(=1.0151AK^{0.5}L^{0.5}\)
Thus, the growth rate from 425 BCE to 424 BCE :
= 1.0151 - 1
= 0.0151
= 1.51%
When a salesperson says or does something that creates agency such as giving advice to a customer, giving an opinion to a customer, or negotiating on the customer's behalf the licensee has:
Answer:
implied agency
Explanation:
The implied agency refer to an agency that is established from the principal and agent conduct. It develops the agency relationship. It is a real agency and a fact to be proved
Therefore as per the given situation since it is mentioned that at the time when the salesperson said or do something that establish the agency so this represent the implied agency
Therefore the same is to be considered
What the person above me said
Explanation:
i just took the asignment.
Special-Order Decision
Smooth Move Company manufactures professional paperweights and has been approached by a new customer with an offer to purchase 15,000 units at a per-unit price of $8.00. The new customer is geographically separated from Smooth Move's other customers, and existing sales will not be affected. Smooth Move normally produces 89,000 units but plans to produce and sell only 65,000 in the coming year. The normal sales price is $13 per unit. Unit cost
Information is as follows:
Direct materials
$3.10
Direct labor
2.50
Variable overhead
1.15
Fixed overhead
1.80
Total
$8.55
If Smooth Move accepts the order, no fixed manufacturing activities will be affected because there is sufficient excess capacity,
Required:
1. What are the alte…
Smooth Move Company should make the decision based on the incremental revenue and incremental costs and either accept or reject the special order.
Special-Order Decision refers to a situation where a company considers making a sale that lies outside of its normal production line. It is the decision that is made by the company whether to accept or reject a customer’s request for products or services that are different from those the company generally produces.
Here are the alternatives to be considered when making a special-order decision:
Alternative 1: Accepting the special order decision
Alternative 2: Rejecting the special order decision
How to make a decision about a special-order decisionA company can determine whether to accept or reject a special-order decision by evaluating the financial impacts of both options and choose the one that maximizes the company's profits. Here are the steps to follow:
Calculate the incremental revenueCalculate incremental costsCompare incremental costs with incremental revenueDecide whether to accept or reject the special order decisionTherefore, Smooth Move Company should make the decision based on the incremental revenue and incremental costs .
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a few months ago, johnny’s steak house purchased one of its competitors, windermere surf & turf, for $12 million. windermere stockholders received a fair deal for the stock they owned in the company. however, it was disclosed that a member of johnny’s management team mentioned the deal to a person he sat next to on a flight from la to seattle, and that person called five of his relatives and several friends who purchased shares of windermere stock before the acquisition became public. these actions are:_______
It was disclosed that a member of johnny’s management team mentioned the deal to a person he sat next to on a flight from la to Seattle, and that person called five of his relatives and several friends who purchased shares of Windermere stock before the acquisition became public. these actions are: insider trading
What is insider trading?Insider trading refers to the illegal use of non-public information to buy or sell securities in breach of a fiduciary duty or other relationship of trust and confidence.
In this case, the management team member disclosed material non-public information about the Windermere acquisition, which allowed the individuals he spoke with to trade on that information to their advantage. This conduct may violate securities laws and could result in civil and/or criminal charges against those involved.
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If the price in a competitive market is $30, and the supply curve is given by the equation p
A STOU
B. $100
© C. $1.000
D.5200
The supply curve equation given as p = 10Q + 200 represents a linear supply curve where the price (p) is determined by the quantity supplied (Q).
To find the equilibrium price in the competitive market, we can set the quantity supplied equal to the quantity demanded and solve for the price.
By substituting the given price of $30 into the supply curve equation, we have:
30 = 10Q + 200
Solving for Q, we get:
10Q = -170
Q = -17
However, negative quantities do not make sense in this context, so we can conclude that there is no equilibrium quantity and price for the given supply curve equation and the price of $30 in the competitive market.
It's important to note that the supply curve equation provided may not accurately represent the supply behavior in a real-world market scenario. Supply curves are typically upward sloping, indicating a positive relationship between price and quantity supplied. In this case, the equation results in a negative slope, which is not consistent with the principles of supply and demand.
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11
Which of the following is the term used to describe activities falling outside of the normal, required curriculum of school?
O Extraneous activities
extracurricular activities
supplementary activities
copious activities
in providing health insurance for its employees, ibm is probably satisfying which level of need?
IBM is likely fulfilling the physiological and safety needs of its employees by providing health insurance.
IBM's provision of health insurance for its employees addresses the physiological and safety needs as described in Maslow's hierarchy of needs. Health insurance ensures that employees have access to medical care and can maintain their physical well-being, satisfying their basic physiological needs.
Additionally, it provides a sense of security by covering potential healthcare costs, thus fulfilling their safety needs.
By offering health insurance, IBM demonstrates its commitment to supporting the fundamental well-being of its employees, fostering a work environment that prioritizes their basic needs and enabling them to focus on higher-order needs such as belongingness, esteem, and self-actualization.
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Herrera corporation has total sales of $3,110,400 and costs of $2,776,000. depreciation is $258,000 and the tax rate is 21 percent. the firm is all-equity financed. what is the operating cash flow?
The operating cash flow for the given information is $318356.
What is operating cash flow?The amount of cash created by a company's typical business activities is measured as operating cash flow (OCF). Operating cash flow reveals whether a firm can create enough positive cash flow to sustain and increase its operations; otherwise, external finance for capital growth may be required.
The computation of the operating cash flow is done as follows-:
Sales 3110400
(-) COGS (2776000)
EBITDA 334400
(-) Depreciation (258000)
=EBIT 76400
(-)Interest 0
= Earning before tax 76400
(-)Tax 0.21 (16044)
318356
= Net Income or Earnings After Tax, 16044 (0.21 *EBIT)
= Operating Income (EBIT)
= 318356 (EBIT + Depreciation - Net Income or earnings after taxes)
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Which of the following is a disadvantage of renting over buying a home?
O With each new lease, your rent can go up.
O You must also pay thousands of dollars for things such as property taxes.
You will have fewer hassles when you decide to move.
If something breaks, you have to fix it or pay to have it fixed.
OO
The right response is an option (a). One drawback of renting vs buying a property is that your rent may increase with each new lease.
What are the drawbacks of renting?Not being able to take tax deductions. Your rent will likely increase each year. no equity was created. having pets is more expensive and challenging.
What are the drawbacks of renting as opposed to purchasing a home?You cannot build up your equity if you rent a home. Even if it is your home, it won't be a valuable asset. No tax benefits come with rented property. You aren't allowed to change anything about your house or apartment without the landlord's consent.
What is the biggest drawback of renting versus purchasing a home?In the end, the largest disadvantage of renting is that the money you pay goes straight to your landlord's wallet. Even if they must pay a mortgage on the property, they are still building up home equity as they reduce the loan principal and see the value of the asset rise.
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Has the comparative advantage in making guitars. has the comparative advantage in making violins.
Spain has the comparative advantage in making guitars, while Italy has the comparative advantage in making violins.
Comparative advantage is the ability of a country or individual to produce a particular good or service at a lower opportunity cost than another country or individual.Assuming the two countries in question are country A and country B, if country A can produce guitars at a lower opportunity cost than country B, then it has a comparative advantage in making guitars.On the other hand, if country B can produce violins at a lower opportunity cost than country A, then it has a comparative advantage in making violins.This means that it would be more efficient for country A to produce more guitars and for country B to produce more violins, and then they can trade with each other to benefit from the comparative advantage.The opportunity cost of producing a good is the value of the next best alternative forgone.
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Answer:
Annie's Music makes guitars while the music factory makes violins
Explanation:
edge 2023
what is the effective-interest method of amortization and how is it different from and similar to the straight-line method of amortization
Simply because it is more exact from period to period than the straight-line approach, which amortizes the same amount every month, the effective interest way of amortizing a bond is thought to be better to the straight-line method.
In accounting, amortization is the systematic expense over the expected "useful economic lives" of intangible assets of the acquisition cost less the residual value to reflect their consumption, expiration, obsolescence. The process of amortization may also refer to its conclusion, as in "the tower's amortization was anticipated in 1734." For tangible assets, depreciation is the comparable idea. The methodologies used to allocate depreciation to each accounting period are typically also used to allocate amortization. But certain intangible assets, including goodwill and specific brands, can be thought to have an endless useful life and are therefore exempt from amortization.
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If next year's assets increased by and equity decreased by , what would be the amount of total liabilities for handyman services?
If next year's assets increased by [amount] and equity decreased by [amount], the amount of total liabilities for Handyman Services can be calculated using the accounting equation.
Assets = Liabilities + Equity
To find the amount of total liabilities, we need to rearrange the equation:
Liabilities = Assets - Equity
Let's assume that next year's assets increased by $10,000 and equity decreased by $5,000.
First, we calculate the new total assets by adding the increase to the current assets:
New Total Assets = Current Assets + Increase
New Total Assets = [Current Assets] + $10,000
Next, we calculate the new total equity by subtracting the decrease from the current equity:
New Total Equity = Current Equity - Decrease
New Total Equity = [Current Equity] - $5,000
Finally, we can substitute these values into the equation to find the amount of total liabilities:
Liabilities = New Total Assets - New Total Equity
Liabilities = ([Current Assets] + $10,000) - ([Current Equity] - $5,000)
Please provide the current values of assets and equity for Handyman Services in order to calculate the amount of total liabilities accurately.
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Can anyone here help me with a P.O.B sba??
Please
Answer:
que
Explanation:
Which results are more likely for someone without personal finance skills? Select three options.
larger long-term credit or loan costs
less preparation for emergencies
fewer utility expenses
simple long-term investment strategies
increased long-term challenges
Answer:
1,2 & 5
Explanation:
Answer:
1, 2, 5
Explanation:
edge 2021
The managerial function of leading: is a part of the planning process. involves monitoring the organization s progress toward its goals. is the set of processes used to get members of an organization to work together. involves setting an organization s goals and deciding how best to achieve them.
Answer:
is the set of processes used to get members of an organization to work together.
Explanation:
Management can be defined as a strategic process which typically involves analyzing, planning supervising, organizing, controlling and coordination of employees and business activities in order to successfully achieve organizational goals and objectives.
Generally, there are four (4) main components associated with the management of business activities and employees, these includes planning, organizing, leading and controlling.
The managerial function of leading is the set of processes used to get members of an organization to work together. Thus, leading a team of workers working in an organization simply involves communication, motivation, inspiration, direction, guidance and support of these employees in order to enhance their level of output or production at all times.
The managerial function of leading: is a part of the planning process is the set of processes used to get members of an organization to work together, third option is correct.
In order to successfully achieve organizational goals and objectives, management is often characterized as a strategic process that involves analysis, planning, supervision, organizing, regulating, and coordinating of personnel and business operations.
The management of corporate operations and personnel generally consists of four key elements: planning, organizing, leading, and controlling.
The collection of procedures used to get team members in an organization to collaborate is known as the management function of leadership. So, managing a group of people in an organization simply entails communicating with them, inspiring them, directing them, guiding them, and supporting them so that their output or production is always at a higher level.
Thus, third option is correct.
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I am confused here. Help me, tomorrow is my exam. Is tailoring a secondary activity or tertiary? Bcoz a tailor also makes suits etc and also fixes them. For example if my coat has a cut, the tailor will repair it.
Answer:
This is soley based on a personal response no bias. ANS- TERTIARY
Tertiary is a skilled built labor job and Seconadary is a not as needed/skill required based work force such as fast food or retail work.
Explanation:
Of third rank, importance, or value chiefly British : of, relating to, or being higher education
Of, relating to, or constituting the third strongest of the three or four degrees of stress recognized by most linguists
Suppose that instead of leasing the Accord, Nigel decides to buy the Honda Accord for $22,180. Would this contract need to be in writing to be enforceable?
L
Answer:
yes, pursuant to UCC, Section 2-201
Explanation:
Statute of frauds is a provision that requires certain transactions be in writing. This is usually based on the amount involved in the transaction.
In the given scenario according Section 2-201 of the UCC a contract that is above $500 should not be entered unless there is a written contract.
An oral contract won't suffice In this case.
economic problem you face as an individual
Answer:
I'm spending WAY too much money on my favorite snack which are purple Doritos. / The Dorito company is having a huge shortage of my favorite snack which are the purple Doritos and I don't know what to do!
Explanation:
Remember what economics is when you are asked this question. Economics basically are along the lines of distribution and consumption of goods could mean internationally or it could just mean in your state. If you have a favorite snack that you like to buy from stores whenever you go to them, you buying and taking that snack is basic economics, you have a demand for that product because you like it so much, and they (owners of the snack) have a supply of that demand so you then spend money (currency) in order to get that demand or snack which is basic economics. A problem in this scenario would be you spending too much money on your favorite snack, or the supplier of that snack is having a shortage and you can't buy your favorite snack as much as you want.
Hope this helps.
Answer:
The imbalance between production, distribution and consumption generates various phenomena that affect the economy; some of them are unemployment, shortages, overproduction, devaluation, inflation, indebtedness and damage to the environment.
Explanation:
Should the job evaluation depend on an appraisal of the jobholder's performance? Why? Why not?
No, the Job evaluation should not base on the appraisal of the jobholder's performance.
Job evaluation helps to determine the value of a job in comparison to other jobs in an organization.
The job appraisal have to do with evaluation of the performance of a certain employee occupying a certain job position.
So, the Job evaluation should not base on the appraisal of the jobholder's performance because the performance of different employee in certain position can changes.
Therefore, the Job evaluation should not base on the appraisal of the jobholder's performance.
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How have key historical and ongoing
financial practices led to modern racial
inequities in the United States?
One of the most important historical and ongoing financial practices that have led to modern racial inequities in the United States is redlining. Redlining is the practice of denying financial services, such as mortgages and insurance, to certain neighborhoods based on the racial and ethnic makeup of the area. This practice was first implemented in the 1930s and continued until the 1970s. This practice has had long-lasting effects on the economic prospects of African-Americans and other minority groups. Redlining has led to the creation of racially concentrated areas of poverty and has denied minority groups access to wealth-building opportunities such as homeownership.
Redlining has also contributed to the wealth gap between white and minority households. A study by the Institute on Assets and Social Policy found that the median white family’s wealth is 11 times greater than that of the median black family. This disparity is largely due to the fact that redlining and other discriminatory practices have prevented many minority families from accessing the same wealth-building opportunities that white families have. This has resulted in a large disparity in the amount of wealth that white and minority families have been able to accumulate over time.
Redlining and other financial practices have also contributed to the racial disparities in student loan debt. Studies have found that black and Hispanic borrowers have higher loan default rates than white borrowers, even when controlling for income. This is due to the fact that black and Hispanic borrowers are more likely to have higher interest rates and to have difficulty accessing the same types of loan opportunities as white borrowers. This has resulted in a large racial disparity in the amount of debt that black and Hispanic borrowers must take on in order to pursue higher education.
These historical and ongoing financial practices have had long-lasting effects on the economic prospects of minority groups in the United States. Redlining, the wealth gap, and disparities in student loan debt are all examples of how financial practices have contributed to the racial inequities that exist today.
Which of the following requires the most education?
A. Veterinary assistant
B. Veterinary technician
C. Animal groomer
D. Veterinarian
Answer:
d
Explanation:
Answer:
D
Explanation:
They are like a doctor to animals
What system did merchants in early centuries use to make commercial transactions easier
In the early centuries, merchants made use of the Mercantilism system for commercial transactions.
What is Mercantilism?In simple terms, it is an economic theory and practice known as "mercantilism," which was prevalent in Europe from the 16th to the 18th century.
Mercantilism advocated governmental regulation of a country's economy with the goal of enhancing state power at the expense of competing for national powers.
According to the theory, a strong nation should have a sizable population because a sizable population would offer a supply of labor, a market, and soldiers.
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Indicate the point where a monopoly will set its price.
Answer:
A monopoly will set its price at the point where marginal cost and marginal revenue intersects or meet (MC = MR).
Explanation:
A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. Thus, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes. Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.
For example, a public power company that serves as the only power utility (electricity) provider to the public.
Generally, a monopoly will set its price at the point where marginal cost and marginal revenue intersects or meet (MC = MR). This is simply because a monopoly would derive the maximum profit at the point where MC = MR.
Answer:
The dot where green and red meet.
Explanation:
which of the following will increase investment spending
A) More optimistic business expectations
B) An increase in interest rates
C) Ann increase in business taxes
D) A decrease in capacity utilization
E) All of the above
Answer:
E
Explanation:
All the suggested options can increase investment spending
Investment spending is the money spent towards business expansion in the area of acquiring capital goods such as plant and machinery or goods used in the production like the raw materials.
Optimistic business decision : Leads to more investment in potential business opportunities
Increase in interest rates : As funds are borrowed to finance investment , increase interest rate will increase spending.
Increase in business taxes : This means that companies will have to pay more on taxes
Decrease in capacity utilization : This will lead to the acquisition of more machinery and investment spending increase
Answer:A More optimistic business expectations
Explanation:
A p e x
A study has found, among 100 students at a school, that enrollment in drama classes is correlated with high rates of participation in social-
service projects. What can we conclude from this correlation for this population?
O Both of the above
O Neither of the above.
O Drama classes cause increased volunteerism
Volunteering causes interest in drama,
Explanation:
Correlation does not lead to causation, no matter how strong the correlation may be. You'll need to do an experiment to see if one variable causes the other. There may be other factors that aren't being considered here. We consider these confounding variables.
An example of correlation doesn't lead to causation could be this: In the summertime, ice cream sales increase and the amount of sunburns increase. Both ice cream sales and sunburns are strongly positively correlated. Does eating ice cream cause a sunburn? The answer is "no" because clearly the sun is responsible for that. So the sun would be the confounding variable here. Specifically, the amount of sunlight exposure would be key here.
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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Why are most economies in the world today considered mixed economies?.
Answer:
Why are most economies in the world today considered mixed economies? Most economies are considered mixed because most have some portion of the means of production under government control. Most economic systems also have some element of the market or capitalism.
Explanation:
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