Overinflated figure to lure new investors

Assignment Help Business Economics
Reference no: EM131107995

The manager of oconomowoc rock co is under the impression that the average truckload delivered is 4500 lbs. a stockholder contends that this is an overinflated figure to lure new investors. he randomly sampled the records of 25 trucks and found the mean load to be 4460 lbs with a standard deviation of 250 lbs. can he reject the managers claim using a significance level of .05?

Reference no: EM131107995

Questions Cloud

What barriers contributed to this incident : Using the information presented in the other Learning Resources, consider what could have been done to prevent or address the ineffective communication. Why do you think the use of these strategies would have resulted in better outcome(s)?
Describe the information that should be disclosed : Describe the information that should be disclosed in financial statements or notes thereto, that are prepared when stock warrants are outstanding in the hands of the three groups listed above.(AICPA adapted)
How much circuit-breaker relief are they eligible : a. What property tax would they pay without circuit-breaker relief? b. For how much circuit-breaker relief are they eligible?
Write a linear equation for each of the problems : Write a linear equation for each of the problems below and solve it to find the required unknowns - The perimeter of a rectangle is 180cm. If the length is twice the size of the width what are the dimensions of the rectangle?
Overinflated figure to lure new investors : The manager of oconomowoc rock co is under the impression that the average truckload delivered is 4500 lbs. a stockholder contends that this is an overinflated figure to lure new investors. he randomly sampled the records of 25 trucks and found the m..
How is the net present value (npv) calculated : How is the net present value (NPV) calculated for a project with a conventional cash flow pattern?
What is the slope between the interval : If there was 1626 m3 of air in the balloon 15 minutes after it began to be decommissioned, at what percent per minute to the nearest percent did the balloon lose air?
Who was the longest serving french president : World history covers historical facts and events from almost all corners of the world from politics, war, culture, lifestyle and education.My question is, who was the longest serving French president
What is the profit-maximizing output for each firm : Suppose that there are 1,000 firms in a perfectly competitive industry, each with a short-run total cost curve given by TC = 800 + 8Q + 0.1Q^2. What is the profit-maximizing output for each firm at a market price of $20? How much profit does each fir..

Reviews

Write a Review

 

Business Economics Questions & Answers

  Value chains involved in providing a given product

Value Chain; Multiple Industries Generally, the value chains involved in providing a given product or service can be from multiple industries that can be interconnected in complex ways. One example is the auto industry where the primary consumer, the..

  What other economic factors are affected when taxes raised

What other economic factors are affected when taxes are raised or lowered, and how are they affected? Should the government increase tax rates on everyone as a way to equalize incomes and wealth?

  Substitution and income effect for the utility function

Calculate the substitution and income effect for the utility function: u(x,y) = x + lny and show that the Slutsky equation applies to those cases.

  Constraints and incentives compared to non-christians

How do a company's goals, constraints, incentives and market rivarly affect its economic decision-making? To what extent does a Christian have different goals, constraints, and incentives compared to non-Christians?

  Average inflation rate of country

Between 1970 and 1976, average inflation rate of Country X was about 35 percent per year. With that rate of inflation, prices would double about every ________ using the rule of 70.

  Relationship between consumers and gas station owners change

Studies have fixed the short run price elasticity of demand for gasoline at the pump at -.20. Suppose the international hostilities lead to a sudden cutoff of crude oil supplies. As a result, US supplies of refined gas drop 10 percent. How would the ..

  Find the average products of capital-labor and materials

Suppose you are given the following Total Product Function: Q=100 K^3/2 L^4/2 M^4/7 ,where Q is total output or units produces; K, capital; L, labor; and M, materials.; that is, this is a input factor production function. Find the Average products of..

  Machine with an initial value-salvage value

A company bought a machine with an initial value of $120,000 with life time of 8 years and a salvage value of $12,000, assuming ? =0.60 find the book value at year six using the declining method.

  Meeting-competition clauses may serve

Explain how meeting-competition clauses may serve as an enforcement mechanism for price-fixing agreements of cartels.

  Do you think this pattern of trade is consistent

Do you think this pattern of trade is consistent with the principle of comparative advantage?

  What is the rate of return on the increment of investment

A plastics company is considering two injection molding processes. Process X will have a first cost of $600,000, annual costs of $200,000, and a salvage value of $100,000 after 5 years. Process Y will have a first cost of $800,000, annual costs of $1..

  Commonly held core value among tribal people

Select the item below that is a commonly held core value among tribal people.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd