The owner of a large car dealership believes that the financial crisis decreased the number of customers visiting her dealership. the dealership has historically had 800 customers per day. the owner takes a sample of 100 days and finds the average number of customers visiting the dealership per day was 750. assume that the population standard deviation is 350. the population parameter to be tested is

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

answer; a set of mutual funds with similar risk characteristics to your mutual fund;