Firms are known to have a lot of data exchange methods. Companies rely on an EDI system to exchange data between two or more companies.
Firms engages in data exchange through file transfer, direct database connection and remote procedure calls.Electronic Data Interchange (EDI) is known to be a the computer-to-computer exchange of electronic business documents. It often occur between trading partners.
This system is uses different components to send and receive electronic data from one computer system to another.
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The Centers for Disease Control and Prevention (CDC) defines a healthy sleep duration
to be at least seven hours per day. The CDC reports that the percentage of people who
report a healthy sleep duration varies by marital status. The CDC also reports that in
2018, 67% of those who are married report a healthy sleep duration; 62% of those who
have never been married report a healthy sleep duration; and 56% of those who are
divorced, widowed, or separated report a healthy sleep duration. The file Sleep Habits
contains sample data on the sleeping habits of people who have never been married
that are consistent with the CDC's findings. Use these data to answer the following
questions. Click on the datafile logo to reference the data,
DATA file
a. Develop a point estimate and a 95% confidence interval for the proportion of those
who have never been married who report a healthy sleep duration,
Point estimate
(to 4 decimals)
to
Confidence interval
(to 4 decimals)
4
b. Develop a point estimate and a 95% confidence interval for the mean number of
hours of sleep for those who have never been married.
(to 4 decimals)
Point estimate
to
Confidence interval
(to 4 decimals)
c. For those who have never been married, estimate the number of hours of sleep per
day for those who report a healthy sleep duration (to 4 decimals).
a. The point estimate of the married people that sleep well is = 0.6299. The confidence interval for the mean hours of sleep for those that have never been married but report good sleep is 0.6186, 0.6412
b. The point estimate of the number of hours for people that have never been married = 7.2257
95% confidence interval for the mean number of hours of sleep for those who have never been married = 7.2065, 7.2447
c. the estimated number of sleep for those that have never been married = 7.729 hours
a. The point estimate
[tex]P=\frac{Xp}{n}[/tex]
[tex]Xp = successes\\n = sample size\\[/tex]
Those who have never been married n = 7044
Xp = those who sleep for 7 hours at least
To get Xp, the excel function
Countif(range, criteria)
Countif(A:A, >=7)
This gives Xp = 4437
Point estimate =
[tex]\frac{4477}{7044}[/tex]
= 0.6299
The point estimate of the married people that sleep well is = 0.6299
At 95% interval of confidence,
α = 1-0.95 = 0.05
α/2 = 0.05/2 = 0.025
Z0.025 = 1.96 ( Use the standard probability normal table)
Margin of Error
=[tex]M.E = 1.96\sqrt \frac{0.6299(1-0.6299)}{7044} \\\\= 1.96\sqrt{0.000033} \\\\1.96*0.0057[/tex]
= 0.0113
The 95% confidence interval
= 0.6299 - 0.0113 , 0.6299 + 0.0113
= 0.6186, 0.6412
The confidence interval for the mean hours of sleep for those that have never been married is 0.6186, 0.6412
b. Sample mean
x = ∑x/n
x = number of sleep of the never been married
Mean is calculated using excel function
Average(range)
Average(a:a)
This gives the sample mean = 7.2257
The point estimate of the number of hours for people that have never been married = 7.2257
Standard deviation using excel =
Stdev(A:A) = 0.8211
[tex]Margin of error =1.96*\frac{0.8211}{\sqrt{7044} }[/tex]
= 0.0192
The confidence interval =
= 7.2257-0.0192, 7.2257+0.0192
= 7.2065, 7.2447
95% confidence interval for the mean number of hours of sleep for those who have never been married = 7.2065, 7.2447
c. From the available data, the mean number of sleep per day that is gotten from the 4437 people that are unmarried and sleep healthily for at least 7 hours = 34295.1
Mean = 34295.1/4437
= 7.729
the estimated number of sleep for those that have never been married = 7.729 hours
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Companies utilize social media to:
ANSWER IS....
drive traffic to the company website
create awareness of product features
increase product exposure
Answer:
true true true true true
Identify the supporting document:
A_ Sale of merchandise
B_Payment of rent
C_Buy a car
D_Current account deposit
E_Delivery of goods
zarasiato24, I couldn't give Brainliest so I am posting a new question so I can give you Brainliest
Answer:
im here
Explanation:
Which of the following team members would be tasked with using sales or production information to determine transportation requirements?
Transportation Manger
Delivery Truck driver
Material handler
Train Conductor
The team member responsible for determining transportation requirement is the transportation manager.
A transportation manager is the one responsible for overseeing and directing transportation-related operations in organisation.
The duty of the transportation manager include;
Direct all the activities related routing,dispatch,transporting vehicles,loading,off-loading etc.He/she communicate with the sales manager about all the information regarding customer contact,quqntity of products to be shipped etc.Supervising shipments until delivery is compleatedGet information from production department about the supply/transportation of necessary resources(raw materials etc.).
The correct option is (a) Transportation manager.
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Answer:
Transportation manager
Explanation:
Assume a company is considering whether to accept or reject a special order opportunity to sell a customer 300 units of a slightly customized version of one of its products for $38.25. The normal selling price of this product is $48 per unit. It can fulfill the order using existing manufacturing capacity. The company’s accounting system estimates the following unit product cost for this product: Per Unit Direct materials $ 18 Direct labor 12 Manufacturing overhead 10 Total cost $ 40 The company estimates that $3 of its manufacturing overhead varies with respect to the number of units produced. The remainder of its overhead is fixed and unaffected by the volume of units produced within the relevant range. Assuming that this decision will have no effect on sales to other customers, what is the financial advantage (disadvantage) of accepting the special order?
The financial advantage the company gains by accepting the special order of 300 units is $1,575.
Data and Calculations:
Units of sales for special order = 300 units
The unit price for the special order = $38.25
Normal selling price per unit = $48
Estimated unit product cost:
Direct materials $ 18
Direct labor 12
Manufacturing overhead 10
Total cost $ 40
Variable manufacturing overhead = $3
Fixed manufacturing overhead = $7 ($10 -$3)
Total relevant cost = $33 ($18 + $12 + $3)
The per unit financial advantage of accepting the special order = $5.25 ($38.25 - $33)
Thus, the financial advantage accruing to the company for accepting the special order of 300 units is $1,575 (300 x $5.25).
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Swot analysis for communication
Answer:
SWOT analysis is a strategic planning tool used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in any particular situation. ... The technique is widely used for business planning but can be used very effectively in planning communications plans and strategies
What are the strengths in communication?
Please note that among these communication strengths are the commonly quoted 7 Cs of communication: clear, concrete, concise, complete, correct, courteous and coherent.
On job training techniques example
Answer:
tyf didi
Explanation:
workforce Zoya Jacobson
Brainlest???
Imagine that you are looking to hire someone for a park ranger position. What characteristics or skills would you look for in the candidates? Why?
To be a successful park ranger, you should be passionate about the conservation of the natural environment, as well as dedicated to preserving the environment and ensuring the safety of visitors. You should have excellent communication skills, strong leadership skills, and a love of outdoor
Reasons why there can be power without authority and their examples
Answer:
OK IDONTKNOWYOUKNOW
Explanation:
JUST ASKING
The following image represents a basic model of motivation. Complete the figure by selecting the correct terms for each label.
WORD BANK
- Rewards
- Feedback
- Behavior
Answer:
A (green) is behavior. B (red) is rewards. C (orange) is feedback.
:)
This question examines the science of motivation.
A - The action that results in actions to fulfill needs. This is called Behaviour.
B- This satisfies needs (both intrinsic and extrinsic). This is called Rewards.
C - Informs a person whether their behavior was appropriate or not.- this is called Feedback.
What is Motivation?
Motivation is the science of how humans beings are spurred to put in their best efforts at work
In this theory above, the factors that motivate a worker are explored in connection to their needs, behaviors, and feedback that affect their behavior.
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Developing training program
Answer:
Training can be viewed as a process comprised of five related stages or activities: assessment, motivation, design, delivery, and evaluation.
Explore five stages of the training process:
Assess.
Motivate.
Design.
Deliver.
Evaluate.
A decrease in the discount rate causes employment to
Answer: A decrease in discounts for employees causes employment to decrease as well
Explanation:
Along with a complete shut down or even jail time for its principals, what other possible result can occur if a business violates federal regulations?
A. The business may be fined for its infractions.
B. The business may be sanctioned and employees asked to resign.
C. The principal owners would be asked to leave the country
no links please
Answer:
The answer is "yes".
By definition they regulate them, which means restraining some of the actions they might otherwise take that are perceived to harm others or have other greater negative impacts on society.
That being said, they also benefit them by generally fostering an environment of stability in the markets, which is the first thing that commerce needs in exploiting opportunities. When a business knows what to expect, it is able to develop effective strategies that optimize profits for the circumstances.
Explanation:
This year you earned 75,500. Last year you earned 72,400. What was the rate of change on your earnings since last year? A. 4.28% B. 4.68% C. 4.92% D. 5.12%
Interviewing Techniques
Lexie, a marketing manager, regularly interviews candidates for her team. Because Lexie is a
people person, and her department is built on teamwork, when she interviews candidates for a
job, she tries to get to know the candidates as people. She always begins by saying, "Tell me
about yourself," and based on what the candidate says, she lets the conversation unfold for 30
to 60 minutes per session.
Questions
i) How does Lexie’s current interview technique limit her effectiveness as an interviewer?
[3 marks]
ii) Lexie also wishes to contact people or organizations as referees for job candidates to fill
strategic positions in the organizations. Discuss two to three limitations of referee reports
placed on management or organizations for job candidates. How do organizations cope
with this burden?
[4 marks]
iii) The human resource department at Lexie’s organization is preparing to formulate a drug
testing policy for all potential job applicants. Discuss why drug tests is a controversial
component of the personnel selection process?
[3 marks
Lexie's current interview technique limits her effectiveness as an interviewer as she uses the non-directive interview method, where there is no structure and questions are not specified, which can result in less reliability and validity.
Some limitations of reports from referees placed in management or organizations for job applicants are related to lack of knowledge of the organizational culture and biases that can compromise the recruitment and selection process.
Ideally, the recruitment and selection process for candidates who will fill strategic positions in organizations should be based on the selection carried out by the company's executives, who already have greater experience and vision to recruit the right candidate.
Drug testing is controversial in the personnel selection process because it negatively affects the candidate's experience, as well as being expensive and making the selection process more time-consuming.
Therefore, the ideal is that drug tests are carried out if this procedure is legal in the location where the company operates, and if it is a necessity of the work position.
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ill give brainlest
What are three influences that led to the development of amusement parks and theme parks? Evaluate and describe some of the ways that these influences helped shape modern amusement and theme parks.
Answer:
Three influences that led to the development of amusement parks and theme parks are the Medieval European pleasure gardens, industrialization and world fairs.
Explanation:
Three influences that led to the development of amusement parks and theme parks are the Medieval European pleasure gardens, industrialization and world fairs. They helped shape modern amusement parks and theme parks by bringing in ideas of pleasure and advances in technology allowing for mechanical rides
European fairs, pleasure gardens and large picnic area
This settlement made history, but not in a good way. It was both the largest criminal fine and the largest settlement of civil healthcare fraud charges ever paid. Shareholders filed a derivative suit against the Pfizer board and top executives. Defendants responded with a motion to dismiss on the grounds that shareholders had not made demand on the board. Is demand necessary
Answer:
maf
Explanation:
When a student doesn’t like her grade, and her professor won’t change it, she goes to the dean of the college. What type of influence principle is this?
A. Make people like you
B. Make use of higher authority
C. Reward the behaviors you want
D. Rely on the rule of reciprocity
Answer:
B
Explanation:
The dean of the college is higher authority and you are taking advantage of higher authority
When a student doesn’t like her grade, and her professor won’t change it, she goes to the dean of the college. The type of influence principle that the student is using when she goes to the dean of the college is Make use of higher authority. The correct option is B.
Why is authority important in an organization?Everyone who is under a manager's authority is required to contribute to the organization's objectives or else risk punishment, which ensures that authority. Teams are significantly less likely to cooperate to accomplish a common goal in the absence of hierarchical authority, as history has demonstrated.
This principle involves seeking the assistance or involvement of someone in a position of greater power or authority to help achieve a desired outcome. In this case, the student is going to the dean of the college because she believes that the dean has the power to intervene and potentially change her grade. By appealing to a higher authority, the student hopes to influence the professor's decision and achieve a more favorable outcome.
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(for economics class) How could a manager or owner of a business utilize a cost production table to make the business a success?
Identify a current trending topic on Yahoo! or Twitter. Why do you think this particular topic is currently trending? How long do you think this topic will remain popular? Can you connect the trending topic to any of the cultural values and behaviors discussed in your readings?
Answer:
I am pro of free fire
Explanation:
124 5
An economy where the government determines the prices of all goods and services produced is called a ( 50 POINTS AND BRAINLIEST IT HAS TO BE FAST PLS )
a
capitalistic economy
b
command economy
c
free enterprise economy
d
global export economy
Answer:
B. command economy
Explanation:
I WILL GIVE BRAINLEIST
In what ways do federal, state, and local regulatory agencies play a role in the hospitality and tourism industry, specifically the recreational sector? Identify and describe one example for each agency, evaluating the ways in which this agency impacts the hospitality and tourism industry by using your example as a framework.
What are three influences that led to the development of amusement parks and theme parks? Evaluate and describe some of the ways that these influences helped shape modern amusement and theme parks.
Imagine that you are looking to hire someone for a park ranger position. What characteristics or skills would you look for in the candidates? Why?
Shelly is accompanying her dad to work for a few days over summer break. Her dad is a theme park manager. What are some tasks, duties, and things that Shelly might observe her dad doing over these few days while she is with him at work?
Answer:
its only my opionion
Explanation:
local and state stakeholders and partners, with some assistance from federal groups. The realization of what federal agencies can and cannot do has led to new approaches. One example is community-based disaster preparedness (CBDP), which is increasingly used as a general framework for promoting local-level capacity building.
The hospitality industry is thought to have the biggest positive socioeconomic effects on employment, living standards, tax collections for state and municipal governments, and local retail sales growth.
What is hospitality?The term "hospitality" refers to the relationship that exists between a host and a guest in which the host accords the guest some measure of goodwill. This includes the welcoming and entertaining of guests, visitors, or strangers.
Medieval European pleasure gardens, industrialization, and world fairs are three factors that influenced the growth of amusement parks and theme parks. They contributed to the development of modern theme parks and amusement parks by introducing concepts of enjoyment and technological advancements that made mechanical rides possible.
The characteristics or skills for a park ranger will be:
Physical fitness to work outdoors. Strong communication skills.A willingness to help people and conservation efforts.Shelly can ensure all parts of the park are operating effectively in terms of staff and equipment and oversee the effective application of health and safety regulations and risk assessment to ensure a safe environment for park employees and the public
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What is globalization?
Globalization is the increase in the flow of goods, services, capital, people, and ideas across international borders. Globalization changes the way nations, businesses and people interact. Specifically, it changes the nature of economic activity among nations, expanding trade, opening global supply chains and providing access to natural resources and labor markets.
Answer: Globalization is the process by which businesses or other organizations develop international influence or start operating on an international scale.
Hope this helps, Enjoy your evening!
Sheridan Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 280 $ 17 $ 4,760 April 15 purchase 420 20 8,400 April 23 purchase 300 22 6,600 1,000 $ 19,760 Calculate weighted average cost per unit.
Answer:
Closing inventory - $10,160
Costs of goods sold - $9,600
Explanation:
Under the LIFO Method, the cost of good sold equals to
= April 23 units × cost per unit + Remaining units × cost per unit
= 300 units × $22 + 150 units × $20
= $6,600 + $3,000
= $9,600
Since the firm has sold 450 units, so out of which 300 units sold at a price of $22 and the remaining 150 units sold at a price of $20
The ending inventory equals to
= Remaining units × cost per unit + April 1 × cost per unit
= 270 units × $20 + 280 units × $17
= $5,400 + $4,760
= $10,160
Since on April 23, the 420 units were purchase, out of which 150 units are transferred to the cost of good sold and the remaining units 270 units at $20 is transferred to the ending inventory
A project with an initial cost of $26,900 is expected to generate cash flows of $6,500, $8,600, $9,050, $7,950, and $7,300 over each of the next five years, respectively. What is the project's payback period
Answer:
b
Explanation:
Managers at the department store have _____________ because if an employee is late for a shift two times in a month, the managers can fire the employee.
A. coercive power
B. referent power
C. legitimate power
D. reward power
Managers at the department store have legitimate power because if an employee is late for a shift two times in a month, the managers can fire the employee. Hence, option C is correct.
What is legitimate power?Legitimate power refers to the formal authority that has been given to a person within an institution. Because it originates from a position or job title, legitimate power is a sort of positional power.
Legitimate authority derives from a person's role or position within an institution. A manager can assign projects, a policeman can detain someone, and a teacher can assign grades, for example.
The source of legitimate power is holding a position of authority inside an organization, such as being the boss or a significant member of the leadership team. They are given this power when other members of the organization recognize the individual's authority.
Thus, option C is correct.
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1. Explain the role of values in the making of business ethics. How these can be incorporated in working out business strategy?
Answer:
A company's values would guide its employees on how they will do their job or conduct business (i.e., business ethics). Organizations like Xerox are including "living our values" as one of their performance objectives. The values are being accompanied by specific objectives and performance measures, which are anchored on the organization's strategy.
Explanation:
The source I used is https://www.strategy-business.com/article/05206?gko=987a9.
Joanna ran a red light and hit another car. No one was hurt, but there was
damage to both vehicles. Joanna has liability coverage, but she does not
have collision insurance. Joanna's insurance carrier will pay for the damage
to:
A. neither vehicle.
Ο Ο
B. Joanna's vehicle only.
C. the other driver's vehicle only.
O
O
D. both vehicles.
Because his vehicle have a liability coverage alone on his car, then, the insurance carrier will pay for the damage to other driver's vehicle only.
The liability coverage provided is this case is also called a Third party insurance because it provide compensation for liability arising from damage to other road users.
Hence, since his vehicle have a liability coverage alone on his car, then, the insurance carrier will pay for the damage to other driver's vehicle only.
Therefore, the Option C is correct.
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Pina Colada Co. had the following transactions during the current period.
Mar. 2 Issued 5,000 shares of $5 par value common stock to attorneys in payment of a bill for $29,400 for services performed in helping the company to incorporate.
June 12 Issued 58,300 shares of $5 par value common stock for cash of $362,400.
July 11 Issued 1,025 shares of $100 par value preferred stock for cash at $130 per share.
Nov. 28 Purchased 2,520 shares of treasury stock for $78,000.
Requried:
Journalize the transactions.
Pina Colada Co. will record the following journal entries for the transactions.
Mar. 2 Debit Attorney's Fees $29,400
Credit Common Stock $25,000
Credit Additional Paid-in Capital - Common $4,400
To record the issuance of 5,000 shares at $5 par value for attorney's bill.June 12 Debit Cash $362,400
Credit Common Stock $291,500
Credit Additional Paid-in Capital - Common $70,900
To record the issuance of 58,300 shares at $5 par value for $362,400.July 11 Debit Cash $133,250
Credit Preferred Stock $102,500
Credit Additional Paid-in Capital -Preferred $30,750
To record the issuance of 1,025 shares of $100 par value at $130 per share.Nov. 28 Debit Treasury Stock $12,600
Debit Additional Paid-in Capital - Common $65,400
Credit Cash $78,000
To record the purchase of 2,520 shares at $5 par for $78,000.Data and Calculations:
Mar. 2 Attorney's Fees $29,400 Common Stock $25,000 Additional Paid-in Capital - Common $4,400
issuance of 5,000 shares at $5 par value.
June 12 Cash $362,400 Common Stock $291,500 Additional Paid-in Capital - Common $70,900
58,300 shares at $5 par value.
July 11 Cash $133,250 Preferred Stock $102,500 Additional Paid-in Capital -Preferred $30,750
1,025 shares of$100 par value at $130 per share
Nov. 28 Treasury Stock $12,600 Additional Paid-in Capital - Common $65,400 Cash $78,000
2,520 shares at $5 par for $78,000.
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