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Mekhanik [1.2K]
2 years ago
5

Type II error is also called a. Confidence level b. Consumer's risk c. Producer's risk d. Level of significance

Business
1 answer:
Sidana [21]2 years ago
3 0

Type II error has been known to be called a type of risk which is known as b. consumer's risk.

<h3>What is a Type II error?</h3>

This refers to a scenario in statistics where a consumer does not reject a null hypothesis that is false.

It is called a consumer risk because a consumer might have a null hypothesis that a product is good and fail to reject this hypothesis leading to them picking a bad product.

Find out more on Type II errors at hhttps://brainly.com/question/15221256.

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A company produces a single product. Variable production costs are $13.20 per unit and variable selling and administrative expen
Alex Ar [27]

Answer:

the ending inventory is $13,200

Explanation:

The computation of the dollar value of the ending inventory under variable costing is shown below:

= Variable production cost per unit × difference in units

= $13.20 per unit × (5,200 units - 4,200 units)

= $13.20 per unit × 1,000 units

= $13,200

hence, the ending inventory is $13,200

5 0
3 years ago
Concussions and Brain Size A recent study1 examined the relationship of football and concussions on hippocampus volume in the br
Gwar [14]

Answer:

Part A: Null hypothesis. H₀: M₁ = M₂

Alternative hypothesis, H₁ : M₁ > M₂

Part B: x1-x2 = 6459-5735 = 724

Part C: p-value = 0.000

Part D: No, the difference in brain size is not due to random chance

Explanation:

See attached image

5 0
4 years ago
Why do some companies state their core values but make little effort to ensure that individual personnel and the company in gene
Keith_Richards [23]

Answer:

The importance maxim just serves to make the business look good .

Explanation:

  • Throughout recent years, the once common image of ethics as individualistic, unchangeable and impervious to corporate pressures did not stand up to inspection.
  • The stories of many Companies demonstrate the position that companies play in influencing the actions of people and that even sound moral fiber will crumble when too lean.
  • Once presenting an enforcement program, administrators will speak of mutual trust, but staff often see a message from on high.
8 0
4 years ago
The market for insurance is one example of reducing risk by using diversification.
Maurinko [17]
The correct answer for this question is a. True. Hope this helps you fulfill your desires. 
4 0
4 years ago
According to the definitions of national saving and private saving, if Y, C, and G remained the same, an increase in taxes would
Viefleur [7K]

Question options :

a. raise both private and public saving.b. raise private saving and lower public saving.c. lower private saving and raise public saving.d. lower private and public saving.

Answer:

c. lower private saving and raise public saving.

Explanation:

National saving is total of private and public saving minus the country's consumption and government expenditure.

Private saving is income from households minus consumption and taxes.

Formula for public saving is T − G − TR which is government budget surplus through revenue from tax. This is revenue from tax minus government expenditure and transfers.

3 0
3 years ago
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