Questions
The National Coffee Association reported that 64 % of U.S. adults drink coffee daily. A random...

The National Coffee Association reported that 64 % of U.S. adults drink coffee daily. A random sample of 225 U.S. adults is selected. Round your answers to at least four decimal places as needed.

probability of adults who drink coffee daily between .60 and .72

In: Statistics and Probability

The National Coffee Association reported that 63% of U.S. adults drink coffee daily. A random sample...

The National Coffee Association reported that 63% of U.S. adults drink coffee daily. A random sample of 300 U.S. adults is selected. Round your answers to at least four decimal places as needed.

Find probability that less then 58% of sampled adults drink coffee daily

In: Statistics and Probability

It is argued that if a rich high wage country such as the United States were...

It is argued that if a rich high wage country such as the United States were to expand trade with a relatively poor and low wage country such as Mexico, then U.S. industry would migrate south, and U.S. wages would fall to the level of Mexico's. What do you think about this argument?

In: Economics

In a survey of 1500 U.S. workers who are working from home, 885 of them would...

In a survey of 1500 U.S. workers who are working from home, 885 of them would prefer to keep doing so after restrictions are lifted. Construct a 99% confidence interval for the population proportion of U.S workers who would like to keep working from home.

In: Statistics and Probability

It is argue that if a rich high wage country such as the United States were...

It is argue that if a rich high wage country such as the United States were to expand trade with a relatively poor and low wage country such as Mexico, then U.S. industry would migrate south, and U.S. wages would fall to the level of Mexico’s. What do you think about this argument?

In: Economics

According to NPD's most recent “Checkout Receipt Data,” credit cards now make up 82.1% of all...

According to NPD's most recent “Checkout Receipt Data,” credit cards now make up 82.1% of all in-store retail transactions in the U.S. amid coronavirus. The remaining percentage is cash transactions.” Are credit cards considered part of the U.S. money supply? Why or why not?

In: Economics

In class and in the videos, I described how bureaucracy is used to promote stability in...

In class and in the videos, I described how bureaucracy is used to promote stability in organizations such as the Roman Catholic Church and the U.S. Marines. Explain the elements of bureaucracy that also help McDonalds make the Big Mac and the Quarter Pounder with Cheese taste and look the same all over the U.S.

In: Operations Management

Which phase of the business cycle is the U.S. economy in right now? What happened to...

Which phase of the business cycle is the U.S. economy in right now? What happened to the U. S. unemployment rate for the last two months? Explain in terms of economics What is your prediction of unemployment situation in the U.S. after the COVID 19 pandemic? Explain in terms of economics.

In: Economics

Money & Banking ,Evaluating Economic Performance, Government & the Economy. Be sure to remember to use...

Money & Banking ,Evaluating Economic Performance, Government & the Economy.

  • Be sure to remember to use economic evidence from the lesson to support your opinion.

1) Why did the U.S. abandon the Gold Standard?

2) How did the abandonment of the Gold Standard impact the U.S. dollar?

In: Economics

Which phase of the business cycle is the U.S. economy in right now? What happened to...

Which phase of the business cycle is the U.S. economy in right now? What happened to the U. S. unemployment rate for the last two months? Explain in terms of economics What is your prediction of unemployment situation in the U.S. after the COVID 19 pandemic? Explain in terms of economics.

In: Economics