The Net Present Value (NPV) method examines an investment’s…

The Net Present Value (NPV) method examines an investment’s costs and benefits. The present value of all the money coming in (inflows) is subtracted from the present value of all the money going out (outflows) over the project’s life. When the time value of money is considered, a positive NPV means that the project is likely to make money because the future earnings are more significant than the initial costs.

Exhibit 8-2 The manager of a grocery store has taken a rando…

Exhibit 8-2 The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took these 100 customers to check out was 3.0 minutes. It is known that the standard deviation of the checkout time is one minute. Refer to Exhibit 8-2. The 95% confidence interval for the average checkout time of all customers is___________. CI= x ± z · σ n z dsistribution table from 0.0 to 2.49.jpg