Each of 20 consumers is provided with a pack- age containing two different brands of instant coffee. a week later, they are asked to rate the taste of each cof- fee on a scale of 1 (poor taste) to 10 (excellent taste). is this an example of independent samples or dependent samples?

Answers

Answer 1
Answer:

These are independent samples because the score of one coffee does not affect the score of the other coffee.

If the consumers were comparing the coffees, they would be dependent (one is better or worse when compared to the other). In this case they are independent because rating one coffee a 10 has no effect on what they rate the other coffee.


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Michigan Cranberry Company sold $10 million worth of cranberries it produced. In producing cranberries, it purchased $1 million dollars' worth of supplies from foreign countries and paid workers who reside in Canada but commute to the U.S. $1 million. How much did these transactions add to U.S. GDP

Answers

Answer:

$9 million

Explanation:

Gross domestic product is defined as the total monetary value of all goods and services produced by a country in a given period. It is used to measure the countries wealth and economic growth .

GDP can be calculated based on expenditure, production, or by income.

Types of GDP measurements include real GDP, nominal GDP, GDP growth rate, and GDP per capita.

Gross domestic product= Total output - intermediate goods in production {products from Canada}

Gross domestic product= 10 million- 1 million

Gross domestic product= $9 million

Answer:

9 million dollars

Explanation:

The term demand loan refers to a loan?

Answers

B is the correct answer

for which the entire balance must be paid immediately at the lender's request

Pierce wishes to purchase a municipal bond with a par value of $500 from Chattahoochee County, and he is trying to decide which broker he should employ to purchase the bond. Broker A charges a 3.1% commission on the market value of each bond sold. Broker B charges a flat $24 for each bond sold. If the bond has a market rate of 88.754, which broker will give Pierce the better deal, and by how much?

Answers

He should take the option one of sales commission of 3.1% on each bond. If he takes the 2nd option, he is required to pay 24$ per bond. But if he takes the ist option, he is required to pay 15.5$ per bond. 88.754 is the market rate. Total investment is of 500$. Multiply the commission rate with the amount and you get 15.5 $. There is a difference of 8.5 dollars between the two options.

The broker will give Pierce the better deal, and by Broker A’s commission will be $10.24 less than Broker B’s.

What is the deal about?

In the question above,  the municipal bond with a par value  = $500

To find the market value of the bond, it will be:

= (88.754)/(100) x  500

   = 443.77

Note that the Commission rate charged by broker A = 3.1%

Therefore, the Commission of broker A will be = (3.1)/(100)  x  443.77

                                       = $13.757

The Commission of broker B = $24

Note also that  the difference between the commission of broker A and broker B will be:

= 24 - 13.756

= $10.24

Therefore, looking at the above, Broker A's commission will be $10.24 and thus it is less then Broker B's.

Learn more about broker from

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What is the purpose of the Electronic Funds Transfer Act?

Answers

The Electronic Fund Transfer Act was passed by the U.S. Congress in 1978 and signed by President Jimmy Carter, to establish the rights and liabilities of consumers as well as the responsibilities of all participants in electronic funds transferactivities.

Discuss the venture capital process

Answers

The following schematics shown here are called the process data models. All activities that find place in the venture capital financing process are displayed at the left side of the model

True or false: You have to pay to attend college?

Answers

Answer: Most of the time, yes.

Explanation: For most average college students you do have to pay, unless you receive a scholarship. But those are pretty hard to get so i recommend just robbing a bank (DONT ACTUALLY, VERY ILLEGAL)