Juanita makes $60 an hour at work. She has to take time off work to purchase her suit, so each hour away from work costs her $60 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer
the following questions, ignore the cost of gasoline and depreciation of her car when traveling.

Complete the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location.

Opportunity Cost of Time Price of a Suit Total Cost
Store
(Dollars) (Dollars per suit) (Dollars)
Local Department Store 122
Across Town 78
Neighboring City 90

Assume that Juanita takes opportunity costs and the price of the suit into consideration when she shops.

Juanita will minimize the cost of the suit if
she buys it from the .

d. 24+-0.114

step-by-step explanation:

the question requires us to calculate the approximate 95% confidence interval for the mean number of ounces of ketchup per bottle in the sample given the following statistics;

sample mean = 24

standard deviation, σ = 0.4

sample size , n = 49

the confidence interval for a population mean is calculated using the formula;

sample mean ± z-score*(σ/sqrt(n))

the z-score associated with a 95% confidence interval, from the standard normal tables, is;

1.96

substituting these values into the formula;

24 ± 1.96*(0.4/7)

= 24 ± 0.112

from the alternatives given, choice d is closest to the above expression;

credit scoring calculations, such as the fico score, look at a few key factors related to your debt. the amount of overall debt you carry, the ratio of your credit card balances to your credit limit (also called credit utilization), and the relation of your loan balances to the original loan amount.