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MAXImum [283]
1 year ago
7

What do you think are some of the risks and challenges associated with performing so many hypothesis tests? what would you do to

mitigate those risks?
Business
1 answer:
Aloiza [94]1 year ago
6 0

The risks and challenges associated with performing so many hypothesis tests nearly all null hypotheses are false on a priori grounds.

A hypothesis is a supposition, an idea put forward for the purpose of discussion, that can be tested to see if it is true. Hypotheses are formed before the is implemented.

Hypotheses are usually written as if/then statements. B. If someone eats a lot of sugar, they will get cavities in their teeth. These statements identify a particular variable (in this case, eating a lot of sugar) and imply an outcome (in this case, the tooth develops cavities).

Hypotheses are used to define the relationship between two variables in an experiment. The purpose of a hypothesis is to find an answer to a question. Formalized hypotheses make us think about what kind of results we should be looking for in our experiments. The first variable is called the independent variable.

Learn more about Hypotheses brainly.com/question/11555274

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A recently installed machine earns the company revenue at a continuous rate of
Mars2501 [29]
<span>Answer: R = Pe^(kt) where R = revenue, P is present value, k is interest rate and t is time in years. (60 000 + 45 000+ 75 000)/2 = Pe^(.07*1) 90 000 = Pe^.07 P = 90 000/e^.07 = $83915.44 (60 000 + 45 000+ 75 000)/2 + 75 000(t-1) = 150 000 e^(kt) 90 000 + 75 000t - 75 000 = 150 000e^(.07t) 15 000 + 75 000t = 150 000e^(.07t) 1/10 + 1/2t = e^(.07t) ln(.1 + .5t) = .07t ln(.1+.5t)/t = .07 t = 2.12 years</span>
5 0
3 years ago
Cupid Co. manufactures dog toys. One of its most popular products, Bacon Ben, has the following costs to produce 1,000 units: $9
andreyandreev [35.5K]

Answer:

Total direct labor cost= $4,800

Explanation:

Giving the following information:

Bacon Ben, has the following costs to produce 1,000 units:

$9,600 direct materials

$1,920 in advertising costs

$960 plant manager salary

$640 salaries for factory maintenance.

The cost to produce one Bacon Ben is $14.72.

Total unitary cost= direct material + direct labor + manufacturing overhead

Unitary:

Direct material= (9600/1000)= 9.6

MOH= (960 + 640)/1000= 0.32

14.72= 9.6 + DL + 0.32

Direct labor= $4.8

Total direct labor cost= $4,800

3 0
3 years ago
Poland's Paints allocates overhead based on machine hours. Selected data for the most recent year follow. Estimated manufacturin
trapecia [35]

Answer:

Allocated MOH= $274,850

Explanation:

Giving the following information:

Estimated manufacturing overhead cost $238,900

Estimated machine hours 20,000

Actual machine hours 23,000

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 238,900/20,000

Predetermined manufacturing overhead rate= $11.945 per machine-hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 11.95*23,000

Allocated MOH= $274,850

8 0
3 years ago
Britain is becoming more of an entrepreneurial country as the number of new
viva [34]

Answer:

5.6 million

Explanation:

As previously mentioned, at the start of 2019 there were 5.9 million businesses in the UK, up from 5.6 million the previous year.

8 0
3 years ago
At Baumann's Fine Meats, the butchers will hand cut steaks to the thickness their customers specify and trim off the excess fat.
leva [86]

Answer:

Secondary Utility

Explanation:

At Baumann's Fine Meats, the butchers will hand cut steaks to the thickness their customers specify and trim off the excess fat. This extra service provides Secondary Utility.

3 0
3 years ago
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