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Veronika [31]
1 year ago
10

The researcher takes a random sample of 250 corporate employees and finds the mean number of hours worked by employees was 47. i

n order to assess this evidence, we need to find:_________
Business
1 answer:
Anna35 [415]1 year ago
3 0

In order to assess this evidence, we need to find how likely it is that in a sample of 250 we will find that the mean number of hours per week worked by the corporate employees is as high as 47 if the true mean is 40.

<h3>What is hypothesis testing?</h3>

In hypothesis testing, in order to assess the evidence as true or not, we need to find out how likely it is to get data like those that are observed for any claim that is observed as true.

For example, regarding this question, there can be two hypotheses/ claims i.e.:

Claim 1: The average time of work for a full-time corporate employee per week is 40 hours.

Claim 2: The average time of work for a full-time corporate employee per week is more than 40 hours.

So, to find out if any of these claims are valid, research is done and the evidence is assessed by following the above-answered way.

To know more about how this calculation is performed, visit: brainly.com/question/13027180

#SPJ4

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Compute conversion costs given the following data: direct materials, $347,500; direct labor, $196,300; factory overhead, $187,90
Alexxx [7]

Answer:

Conversion costs: d. $384,200

Explanation:

Conversion costs are the costs incurred on activities that convert raw material to finished goods. Conversion costs are calculated by using following formula:

Conversion costs = Direct labor + Factory overhead.

In the case: Direct labor  are $196,300; Factory overhead are $187,900

Therefore:

Conversion costs = $196,300 + $187,900 = $384,200

5 0
3 years ago
Question 4 of 10
ExtremeBDS [4]
I think the answer is either a or c
7 0
1 year ago
You do an extensive survey and learn that 15 out of the 200 people surveyed like to eat out on Tuesdays. You then look only at t
Naily [24]

The family should be less likely to eat out on Tuesday as compared to the general population.

Given that,

  • Out of 200 people, 15 people should eat out on Tuesday.
  • Now only look 60 families out of this 10 should be preferred to eat out on Tuesday.

Based on the given information, we can conclude that the family should be less likely to eat out on Tuesday as compared to the general population.

Learn more about the population here: brainly.com/question/8696744

3 0
2 years ago
) Prestwich Company has budgeted production for next year as follows: First Quarter Second Quarter Third Quarter Fourth Quarter
grigory [225]

Answer:

165,000 pounds ($495,000)

Explanation:

To determine the budgeted purchases of material A in pounds for the second quarter, prepare a Materials Purchases Budget as follows :

<u>Materials Purchases Budget</u>

                                                                                                    Pounds

Materials Required for Production (80,000 x 2)                     160,000

Add Closing Materials Inventory (90,000 x 2 x 25%)              45,000

Total Materials                                                                          205,000

Less Opening Materials Inventory (80,000 x 2 x 25%)          (40,000)

Material Purchases                                                                    165,000

Cost per unit                                                                                       $3

Budgeted Materials Cost                                                       $495,000

6 0
2 years ago
Jane currently has $5,300 in her savings account and $2,000 in her checking account at the local bank. Instructions:
mrs_skeptik [129]

Answer:

A

  • M1 change = $500
  • M2 change = $0

B

  • M1 change = -$340
  • M2 change = -$180

Explanation:

A. M1 includes actual liquid cash in hand as well as cash in checking deposits.

M2 includes M1 as well as savings deposits and time deposits amongst others.

M1 change = +$500

$500 went from the Savings account which was not part of M1 to M1.

M2 change = $0

The money went from Savings to Checking which are both part of M2.

B.

M1 change = -$-180 - ( 500 - 180 -160 ) = -$340

Tax of $180 went out of the supply as tax. Jane deposits the remaining cash after paying $160 for goods into the savings account which is not part of M1. That remaining cash is = 500 - 180 - 160 = $160.

M2 change = -500 + 160 + 160 = -$180

For M2, only taxes will reduce money from it because the rest goes to checking deposits and savings accounts both of which are part of M2

4 0
3 years ago
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