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3 years ago

What is the relationship between the alpha level, the size of the critical region, and the risk of a type i error?

1 answer:

4 0

Alpha level is a probability value that is used to define the concept of "very unlikely" in a hypothesis. This value determines he boundaries for the critical region, which is composed of the extreme sample values that are very unlikely to be obtained if the null hypothesis is true. Type I error is <span>when a researcher rejects a true null hypothesis.</span>
The relationship between the alpha level, the size of the critical region, and the risk of a type i error is the following: when the alpha level increases, the critical region increases and type I error increases.

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On December 31, 2017, Beta Company had 320,000 shares of common stock issued and outstanding. Beta issued a 4% stock dividend on

rosijanka [135]

Answer:

The answer is 324,050 shares

Explanation:

Stock dividends adds to the total number of shares outstanding while treasury stock(buy-back) reduces the total number of outstanding shares.

Beta issued a stock dividend of 4percent. Meaning the outstanding shares will increase by 4percent.

1.04 x 320,000 shares

=332,800 shares is the total number of outstanding shares before treasury stock.

Treasury stock issued on September 30, 2018. This means we have 3months(October 1 - December 31st, 2018).

So we have 3/12 x 35,000 shares

= 8,750 shares

Therefore, the appropriate number of shares to be used in the basic earnings per share computation for 2018:

=332,000 shares - 8,750 shares

= 324,050 shares

6 0

2 years ago

Match the appropriate costing method to the description

sp2606 [1]

Answer:

a. Absorption costing only -- 8. Includes gross profit on the income statement
2. Required by generally accepted accounting principles.
b. Variable costing only -- 6. Generally provides the most useful report for setting long-term prices.
3. Treats fixed manufacturing cost as a period cost.
5. Generally provides the most useful report for controlling costs.
4. Operating income is impacted by changes in inventory level.
c. Both absorption and variable costing -- 7.May be used in a manufacturing company
1.Treats fixed selling cost as a period cost.

Explanation:

The absorption costing includes that all the manufacturing costs which are given to the units produced and the cost of a finished product will be the cost of the direct material and labor.

Variable cost is a method that assigned the variables costs to the inventories and means that overall cost changes to expenses in a time of occurrence.

Both of these costs are related to the method of the production and costs that are incurred in the production and in which method the company uses to make.

8 0

2 years ago

foutz corporation has entered into a 8 year lease for a piece of equipment. the annual payment under the lease will be $3,600, w

Nonamiya [84]

Answer:

Present value of lease payments is $17720.57

Explanation:

The value of lease payments can be treated as an annuity due as the lease payments qualify the criteria of annuity- the payment amount is constant, is paid after a constant interval of time and the time is definite and known.

So, we will use the formula for the present value of annuity due as the payments are being made at the start of the period. The formula for the present value of an annuity due is attached.

PV of lease = 3600 + 3600 * [ {1 - (1 + 0.17)^-(8-1)} / 0.17 ]

PV of lease = $17720.56848 rounded off to $17720.57

3 0

2 years ago

In the long run, assuming that market demand stays the same, if firms in a competitive industry expand, then the product price w

navik [9.2K]

Answer:

True

Explanation:

In Microeconomics, there is a correlation between offer and demand. If the market demand stays the same, in a competitive industry expanding its demand other suppliers will come into the game.

So, in the long run. Prices will end up to fall as a result, until it stabilizes on average.

3 0

2 years ago

Research proves that heterogeneous groups are infinitely more productive and creative than homogeneous groups. Describe environm

exis [7]

Explanation:

Homogeneous groups are those composed of people with the greatest number of similarities possible, such as experiences, educational level, opinions and skills. An environment that can be found in homogeneous groups is in work teams, where the members have educational levels and skills as similar as possible to achieve goals and objectives.

A heterogeneous group, on the other hand, is made up of different people regarding different variables, such as culture, opinions, languages, life experience and several others. This type of group is common to find in higher education institutions.

Research shows that heterogeneous groups are more productive and creative, and this refers to the social plurality in which they are found in this group, since having different types of people with different cultures, experiences and skills, can reinforce the dynamics of the group and the productivity.

It is important for the human being to be in contact with different people, as there is mutual enrichment between the exchange of experiences. Heterogeneous groups are increasingly common in a globalized world, so we must seek to expand the individual view and try to exercise activities where it is possible to contact different people, this increases individual perspectives, knowledge and mutual respect

4 0

2 years ago