This is called cluster sampling, where the researcher divides the population into groups (clusters) then takes a random sample from among the different clusters.
Final answer:
Ricardo uses a multi-stage sampling technique that involves simple random sampling in selecting 15 states and thereafter 30 schools from those states.
Explanation:
In the scenario described, Ricardo employs a multi-stage sampling technique for his study on the academic performance of graduate students. First, he randomly selects 15 states, which is an example of simple random sampling, because each state has an equal probability of being chosen. In the second stage, Ricardo randomly selects 30 schools from these states, again using simple random sampling, since each school has an equal chance of being selected within the chosen states. This two-step process makes it a multi-stage sample.
When you take a multiple-choice test, you are relying on ________, a means of retrieving information out of your long-term memory storage system that helps you choose the correct answe?
You are relying on recognition. Having the multiple answer choices helps you narrow down the information stored in your long term memory.
Answer:
Recognition process
Explanation:
when you take a multiple-choice test, there are Cues attached to the test in the form of answer options and with this options available you don't necessary need to recall all the stored information in your memory but you can recognize which information is relevant to recall using the Cues provided and this process is called Recognition.
There are actually more ways to retrieve information from a long term memory and an example is the recall process. in this process you don't have a cue hence you will have to recall more than enough information form the memory storage. example of such is an essay question
Larry is looking for ways to increase the number of different tasks that an employee performs without increasing task complexity. he should try job:
Answer:
Job rotation
Explanation:
Job rotation means moving employees from one job to another so that they are trained to do multiple roles. This way, the tasks of each job stay the same and employees learn these basic tasks for each job they try. An example is a grocery store where the greeter is cross-trained to be a cashier, to collect carts from the parking lot, and to unload boxes onto the shelves.
Answer:
Larry should try Job Rotation within his employees.
Explanation:
Managers or supervisors use the Job Rotation Strategy to switch employees between different departments to do different tasks. Job rotation is done for a short period of time. Through job rotation, employees gain experience and skills of the new tasks and learn new responsibilities. So if Larry wants to increase the number of different tasks that an employee performs without increasing the task complexity, he should try Job Rotation.
a user interface (ui) is the key to _____, which includes user satisfaction, support for business functions, and system effectiveness.
Anna and Ken go to their bank for a home equity line of credit. What collateral can they use to obtain a secured loan?
They can use their ___ as collateral and use the money to ___.
1.
a) Car
b) Home
c) boat
d) savings account
2.
a) buy groceries
b) purchase household appliances
c) pay for emergency medical services
d) buy furniture
1) B home 2) pay for emergency medical services
Answer:
Home and pay for emergency medical services.
Can poorer countries do well on these alternative measures of well-being? could people be misled about differences in living standards if they only compared different countries levels of gdp per person? explain.
Yes, they could be mislead about the standard of living if only looking at the GDP. To understand the standard of living other factors need to be considerd to offer a complete perspective. For example some countries have black markets which increase the standard of living.
Sales revenue less cost of goods sold is called
This is net profit, which is the revenue earned after costs are deducted.
Sales revenue less cost of goods sold is called Gross Profit. It reflects the efficiency of a company's use of its resources to produce and sell products. Sales revenue and cost of goods sold are two key factors in this calculation.
Explanation:Sales revenue less cost of goods sold is referred to as Gross Profit. To calculate Gross Profit, you subtract the cost of goods sold (COGS) from your total sales revenue. This metric shows how efficiently a company uses its resources to produce and sell products. For example, if a company sold $200,000 worth of products and the COGS was $150,000, the Gross Profit would be $50,000.
Sales revenue represents the total receipts from selling a company's goods or services. Cost of goods sold is the cost directly related to the production of the goods that have been sold, including material costs and direct labor costs.
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The three important functions of money are _____.
a. unit of account, facilitation of trade, and store of value
b. store of value, facilitation of trade, and double coincidence of wants
c. medium of exchange, unit of account, and store of value
d. medium of exchange, facilitation of trade, and unit of account
medium of exchange, unit of account, and store of value
Paul, an engineer in a corrugated box manufacturing company, sets himself a goal of completing the design for a new display box for a major customer by the end of the week. he decides to reward himself by playing golf over the weekend if he is able to complete the project on time. this is an example of:
Fletcher signs a contract to buy a new electric guitar and amplifier just before reaching the age of majority. after reaching the age of majority, fletcher does not take possession or make payments. with respect to the contract, most courts would hold that this is
a. emancipation.
b. ratification.
c. disaffirmance.
d. rescission.
The answer is disaffirmance.
Disaffirmance, in the context of contract, means making a contract void. It means that the person who enters this contract declares that he or she will not be abide by it.
It also means that the individual would not have any legal obligations that she or he will be responsible for by voiding the contract. It usually applies for people who come into the age of majority.
In this legal scenario, the correct concept is disaffirmance related to a contract involving the purchase of an electric guitar and amplifier. Fletcher's lack of action post-reaching the age of majority constitutes disaffirmance. The correct answers are B and C
Ratification is the correct choice. In the context given, after reaching the age of majority, if Fletcher does not take possession or make payments for the electric guitar and amplifier that were contracted before reaching the age of majority, this would likely be seen as a form of disaffirmance. Disaffirmance refers to the action of voiding or rejecting a contract by a party who lacks the legal capacity to enter into such a contract.
What specific marketing actions would you propose that mall of america managers take to ensure the continuing success in attracting visitors (a) from the local metropolitan area and (b) from outside of it?
Offer different retail options that attract new customers, and international stores that will attract people from outside the market. Provide increased security, entertainment, and amenities to make people feel safe and welcome.
On a 3-day fishing trip, 4 adults consumed food costing $60. for the same costs per person per day, what would be the cost of food consumed by 7 adults during a 5-day fishing trip?
The total cost is $175.
The first thing that you need to do is calculate the per day cost per person.
$60 was spent on a three day trip. $60/2 = $20 per day. There were 4 adults on the trip, so $20/4 = $5. The cost of food is $5 per person per day.
On a trip with 7 adults the formula to solve the total cost is:
7 adults x 5 days x $5/day = $175.
Final answer:
The cost of food for 7 adults on a 5-day fishing trip, at the same cost per person per day as the original group, would be $175.
Explanation:
To solve the problem of determining the cost of food consumed by 7 adults during a 5-day fishing trip, based on the original cost of $60 for 4 adults over a 3-day period, we can set up a unit cost per person per day. First, we find the cost per person per day for the initial trip by dividing the total cost by the number of adults and by the number of days:
Total Cost for 1 adult for 3 days = $60 / 4 adults = $15
Cost per person per day = $15 / 3 days = $5
Now, we use this unit cost to calculate the cost for 7 adults for 5 days:
Total Cost for 7 adults for 5 days = (7 adults) x (5 days) x ($5 per person per day) = 7 x 5 x 5
Total Cost for 7 adults for 5 days = $175
Therefore, the cost of food consumed by 7 adults over a 5-day period, at the same cost per person per day, would be $175.
_______ is an alternative dispute resolution technique where a third party urges disputing parties to deal directly with each other in a positive and constructive manner.A. OmbudsmanshipB. FacilitationC. Peer reviewD. MediationE. Arbitration
The correct answer is choice d.
Mediation is an alternative dispute resolution technique where a third party urges disputing parties to deal directly with each other in a positive and constructive manner. The third party is called the mediator.
What are some of the potential benefits of a more formalized approach to forecasting?
A more formalized approach will make it easier to translate the data into quantitative terms and use the help of computer forecasting tools.
The ability of a marketer to identify customers before they make a purchase is called:
a. addressability.
b. connectivity.
c. interactivity.
The price of good x has a pattern such that p = $3 on monday through thursday of every week, and p = $2 on fridays. if speculators begin participating in the market for good x, their actions will likely lead to a(n) ______________ in the price of good x on monday through thursday and a(n) _______________ in the price of good x on friday.
a. decrease; increase
b. decrease; decrease
c. increase; decrease
d. increase; increase
A. Decrease/increase
If you are trying to reduce the cost of college, what strategies is likely to save you the most money?
The strategies will save you the most money includes:
attending an in-state public universitypurchasing used booksliving in an off-campus apartmentWhat are saving strategy?These are strategy used to reduce the overall expenses that might be incurred.
Therefore, the decision to attend an in-state public university, purchase used books and live in an off-campus apartment will reduce the cost of college.
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Final answer:
To reduce the cost of college, start planning early, look into grants and scholarships, save money through prepaid tuition and 529 plans, and understand the economic factors influencing the opportunity cost of attending college. Financial planning and advocacy for affordable education are key strategies.
Explanation:
If you are trying to reduce the cost of college, adopting a strategic approach can lead to significant financial savings. An effective strategy to save money is to start planning early. Engage with school counselors and the college's financial aid office to explore grants and scholarships. Meeting application deadlines is crucial to take advantage of these financial aids. Additionally, saving money before college through methods such as prepaid tuition and education savings (529) plans can alleviate future financial stresses. When considering the affordability of college education, students can get involved by advocating for policies that aim to reduce tuition costs or by supporting initiatives that provide wider access to financial assistance.
Further, regarding economic factors such as a recession, it might be advantageous to pursue college if you are unemployed, as the opportunity cost is lower. In this scenario, you aren't sacrificing work hours and income, which could otherwise be a barrier to furthering your education. However, remember that obtaining higher education and saving money requires sacrifices and might involve living modestly to minimize expenses and debts.
What are the different types of banking institutions
Central Banks, Retail Banks, Commercial Banks, Shadow Banks, Investment Banks, Cooperative Banks, Credit Unions.
Why is it important to look at external sources of information when exploring product and service information?
They help you find information about the product’s actual performance. It's good to get other's input and experience with the product/service.
Answer:
They help you find unbiased information about the product’s actual performance.
Explanation:
We all have a tendency to highlight our good actions and successes, while hiding our bad actions or failures. The same happens within a business, upper management usually gets the reports with all the wonderful statistics about how great the company's products are and how good our customer service is. Reports containing information about failures or customers' complaints are usually extremely short and not very detailed compared to the essays highlighting success.
So if you want to research information about how good or bad a product or service is, you must look outside. It is plain common sense, no employee likes to put his/her job at risk by writing about how bad the company's products are. That is why independent consultants are hired.
Suppose that the natural rate of unemployment in a particular year is 4 percent and the actual rate of unemployment is 7 percent. instructions: enter your answers as whole numbers.
a. use okun's law to determine the size of the gdp gap in percentage-point terms.
b. if the potential gdp is $500 billion in that year, how much output is being forgone because of cyclical unemployment?
Answer:
a. The GDP gap is: 6%
b. The forgone output is: $30 billion
Explanation:
GDP (gross domestic product) is the output produced within a country in a given time period. Okun's law establishes an inverse empirical relationship between unemployment and losses in productivity of a country. In terms of output, Okun's law states that for every percentage increase in cyclical unemployment, a country's potential output is lowered by 2%. Cyclical unemployment is the difference between the natural unemployment rate and the actual unemployment rate.
In this scenario, the natural rate of unemployment is 4% and the actual rate is 7%. Therefore, unemployment due to business cycle fluctuations is: 3% . Since the output gap is double the percentage increase in unemployment, the output or GDP gap is 6%. The dollar amount of the GDP gap given the $500 billion potential GDP is (0.06 * 500) = $30 billion
Using Okun's Law, the GDP gap with an actual unemployment rate of 7 percent and a natural rate of 4 percent is 6 percent. Consequently, for a potential GDP of $500 billion, the economy is forgoing $30 billion in output due to cyclical unemployment.
Suppose that the natural rate of unemployment in a particular year is 4 percent and the actual rate of unemployment is 7 percent. Using Okun's Law, we can determine the size of the GDP gap and the amount of output forgone due to cyclical unemployment.
a. Size of the GDP Gap
According to Okun's Law, for every 1 percent that the actual unemployment rate exceeds the natural rate, a negative GDP gap of approximately 2 percent of potential GDP is created. Hence, the difference between the actual and natural rates of unemployment is 3 percent (7% - 4%). Applying Okun's Law, the size of the GDP gap is 6 percent (3% * 2).
b. Output Forgone Due to Cyclical Unemployment
With potential GDP at $500 billion, a 6 percent GDP gap implies that $30 billion of output is being forgone (6% of $500 billion). This loss in output is attributed to the difference between potential and actual employment levels, illustrating the economic consequence of higher-than-natural unemployment rates.
How long does Bankruptcy stay on your credit report?
The bankruptcy public record is deleted from the credit report either seven years or 10 years from the filing date of the bankruptcy, depending on the chapter you filed. Chapter 13 bankruptcy is deleted seven years from the filing date because it requires at least a partial repayment of the debts you owe
Traditional savings account can you add to the balance regularly
Yes, you can add to the balance of a traditional savings account regularly. This practice, called regular savings, helps you build your savings over time and earn interest. The amount of interest you accrue depends on your bank's interest rate.
Explanation:Yes, with a traditional savings account, you are allowed to add to the balance regularly. This is actually a common practice referred to as regular savings. Regular savings involves depositing a consistent amount of money into your savings account on a routine basis, be that weekly, monthly, bi-monthly or any other interval. Doing so helps in building your savings over a period of time and also in accruing interest. The interest accrued will also depend on the interest rate offered by your bank or the financial institution where the account is held.
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Yes, you can add to the balance of a traditional savings account regularly. Traditional savings accounts are designed to accommodate periodic deposits and contributions. correct option is a.
These accounts provide a safe and straightforward way for individuals to save money over time. You can make deposits into your savings account as frequently as you like, whether it's through direct deposits from your paycheck, transfers from your checking account, or in-person deposits at your bank's branch. Adding to your savings balance regularly allows you to steadily build your savings and accrue interest on the growing sum, helping you achieve your financial goals and create a financial safety net. Keep in mind that while traditional savings accounts offer security and liquidity, the interest rates they offer may be relatively low compared to other investment options, so you may want to consider other investment vehicles for potentially higher returns on your savings.
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Complete question is:
Traditional savings account can you add to the balance regularly.
a. true
b. false
Average fixed costs always decrease as q increases.
a. True
b. False
The answer is true, as long as the variable q equals the number of products sold or produced.
The fixed cost total amount does not change, so if you are spreading it out over more items or products it is always going to decrease per item.
Explain why a city council meeting to discuss hiring more city employees must be open to the public, while a meeting to discuss firing an employee can be closed
Answer:
The answer is because people should know who is coming into office, but they do not have the right to know why someone is being fired for private reasons.
Explanation:
It’s important for the hiring discussion to be made public by the city council since it relates to the use of public funds to compensate these additional workforces. In contrast, firing processes do not relate to incurring funds and thus the public does not need to know about the reasons of the firing.
Answer:
Heres the sample response :D
Explanation:
Possible Answer: Answers will vary but students should realize that sunshine laws require the former meeting to be open because it involves general policies and decision making, while in the latter meeting the privacy rights of the employee might be involved.
Explain how motor vehicle production is a bulk-gaining industry ap human geo
A bulk gaining industry is one where the product gains weight or volume through the production process (the whole is greater than the sum of the parts). Due to logistical and transportation costs it is advantageous to produce bulk-gaining materials closer to where they are sold. This is why foreign car companies (Toyota, mazda, etc) have US-based production plants to save on these costs.
Motor vehicle production is a bulk-gaining industry in AP Human Geography, where the final product gains weight or volume during production. Factories need to be close to the market to reduce transportation costs. Example: adding various components to a car during assembly.
In AP Human Geography, motor vehicle production is considered a bulk-gaining industry. This means that the final product of the industry, in this case, motor vehicles, gains weight or volume during the production process. Each stage of the manufacturing process adds parts and components to the vehicle, increasing its size and weight.
For example, when a car is produced, the assembly line adds various parts such as the engine, transmission, seats, and body panels. These additional components make the final product weigh more than its individual parts combined. As a result, motor vehicle production often requires factories to be located close to the market where the vehicles will be sold. It reduces transportation costs as shipping a fully assembled vehicle long distances can be expensive due to the increased weight and volume.
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The country of belize exported $395 million of goods in 2009 and imported goods worth $616 million during the same year. this would suggest that belize has a(n) _______.
When a county exports more than it imports the country has a negative trade balance.
"does sms text messaging help or harm adults' knowledge of standard spelling?"
I’d say Harms, but then again I’d also say helps it’s a mix I guess
When nathan applied for a loan to expand his sailboat business, the bank required that his financial statements be carefully examined by a cpa. the bank is requiring nathan to have his financial statements?
audited, This is an example of an audit
Jo has 100 hits in softball. 5 hits are home runs. What % of her hits are home runs?
the answer is 20% 100÷5=20
Answer:
20%
Explanation:
Social media measurements are meaningless if:
a. they consider investment per fan and follower.
b. they are not tied to key performance indicators.
c. they do not focus on return on investment.
d. they consider the rate of accumulation.
Social media measurements are meaningless if: they lack context. B) is correct
Adam is looking for a job in marketing. he has had some offers and his prospects are promising, but he has not yet accepted a job. amanda lost her job working for mercury bicycles because many customers decided they prefer bicycles manufactured by ultimate bicycles instead. who is frictionally unemployed
In this example Adam is frictionally unemployed . Frictionally unemployed is also known as search unemployment. Search unemployment can occur when a person is looking for a better oppurtunity.
Amanda is frictionally unemployed. Frictional unemployment occurs as a result of workers looking for new jobs or moving from old positions to new ones. It is also known as "natural unemployment" because it is unrelated to the conditions that contribute to an underperforming economy.
Who is not counted as unemployed?The unemployment rate is the proportion of workers in the labor force who are unemployed but actively looking for work. This statistic excludes people who have not sought for a job in the last four weeks.
People who are considered unemployed when between jobs are referred to as experiencing frictional unemployment. When workers are between jobs, they are experiencing frictional unemployment. This sort of unemployment arises organically since workers are constantly leaving jobs and looking for new ones.
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