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2 years ago

E1.8 (lo 2), ap evilene company makes industrial-grade brooms. it incurs the following costs.

1 answer:

6 0

Based on the costs to AP Evilene Company which makes industrial-grade brooms, the classifications of the costs are:

Product and Manufacturing
Period and nonmanufacturing
Product and Direct labor
Period and nonmanufacturing
Product and Manufacturing
Product and Manufacturing
Period and nonmanufacturing
Product and Direct materials
Product and Manufacturing
Product and Manufacturing
Period and nonmanufacturing
Product and Manufacturing
Period and nonmanufacturing
Period and nonmanufacturing
Period and nonmanufacturing
Period and nonmanufacturing
Product and Direct materials
Period and nonmanufacturing
Period and nonmanufacturing

<h3>What are the types of costs?</h3><h3 />

There are period costs which are those which are only incurred in a period of production and are not related to production of goods and services but instead to the selling of them.

Product costs are incurred when the business produces a good or service. They can be direct labor or materials, or a manufacturing overhead that is indirectly related to production.

Find out more on period and product costs at brainly.com/question/13830502.

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Answer:

a) On this case we are interested on the population proportion of students that have a GPA of 3.00 or below.

b) $z=\frac{0.15 -0.2}{\sqrt{\frac{0.2(1-0.2)}{200}}}=-1.77$

$p_v =P(z$

c) Null hypothesis: $p\geq 0.2$

Alternative hypothesis: $p$

d) The significance level provided is $\alpha=0.05$ . If we compare the p value obtained and the significance level given $\alpha=0.05$ we have $p_v$ so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 5% of significance the population proportion of students that have a GPA of 3.00 or below is significantly lower than 0.2.

Step-by-step explanation:

Data given and notation n

n=200 represent the random sample taken

X=30 represent the students with a GPA of 3.00 or below.

$\hat p=\frac{30}{200}=0.15$ estimated proportion of students with a GPA of 3.00 or below.

$p_o=0.2$ is the value that we want to test

$\alpha$ represent the significance level

z would represent the statistic (variable of interest)

$p_v$ represent the p value (variable of interest)

a. In testing the university's belief, how does on define the population parameter of interest?

On this case we are interested on the population proportion of students that have a GPA of 3.00 or below.

Concepts and formulas to use

We need to conduct a hypothesis in order to test the claim that the proportion of graduates with GPA of 3.00 or below is less than 0.2.:

Null hypothesis: $p\geq 0.2$

Alternative hypothesis: $p$

When we conduct a proportion test we need to use the z statistic, and the is given by:

$z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}}$ (1)

The One-Sample Proportion Test is used to assess whether a population proportion $\hat p$ is significantly different from a hypothesized value $p_o$ .

b. The value of the test statistics and its associated p-value are?

Since we have all the info requires we can replace in formula (1) like this:

$z=\frac{0.15 -0.2}{\sqrt{\frac{0.2(1-0.2)}{200}}}=-1.77$

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.

Since is a one left tailed test the p value would be:

$p_v =P(z$

c. In testing the university's belief, the appropriate hypothesis are?

Null hypothesis: $p\geq 0.2$

Alternative hypothesis: $p$

d. At a 5% significance level, the decision is to?

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