In a Sample of 859 Adults,437 Are in Favor of Banning

question 63

Short Answer

In a sample of 859 adults,437 are in favor of banning all advertisements relating to alcohol.The proportion of these adults who are in favor of banning all advertisements relating to alcohol,rounded to three decimal places,is:

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Definitions:

Absorption Costing

A method of product costing that includes all manufacturing costs, both variable and fixed, in the cost of a product.

Manufacturing Costs

Expenses directly associated with the production of goods, including direct materials, direct labor, and manufacturing overhead.

Income

The money received by an entity in return for its goods or services, or through investments.

Absorption Costing

A cost accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.