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s2008m [1.1K]
3 years ago
7

A clean air standard requires that vehicle exhaust emissions not exceed specified limits for various pollutants. many states req

uire that cars be tested annually to be sure they meet these standards. suppose state regulators​ double-check a random sample of cars that a suspect repair shop has certified as okay. they will revoke the​ shop's license if they find significant evidence that the shop is certifying vehicles that do not meet standards. complete parts a through d below.
Business
2 answers:
kirill115 [55]3 years ago
6 0

Answer:

What is a Type I​ error?

  • That regulators erroneously  determine that the repair shop is not meetings the standard when it actually is.

What is a Type I​I error?

  • That regulators erroneously determine that the repair shop is meeting the standards while it actually isn't.

Which type of error would the​ shop's owner consider more​ serious?

  • Type I

Which type of error might environmentalists consider more​ serious?

  • Type II

Explanation:

A type I error refers to the rejection of a true null hypothesis, i.e. a false positive. A type II error refers to the not rejection of a false null hypothesis, i.e. a false negative.

Salsk061 [2.6K]3 years ago
4 0

Answer:

So is ; The store license will be revoked if they find significant evidence that the store is certifying non-compliant vehicles.

Explanation:

As these sites are not licensed to verify the correct operation of vehicles, they endanger not only the lives of drivers but they are also sources of environmental pollution.

Therefore, these random samples provide a basis for the actions to be carried out.

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Your stockbroker executed the following trades for your account: • 50 shares of Kaiser Aluminum at $104 a share • 100 shares of
katrin2010 [14]

Answer:

$46.51

Explanation:

The weighted arithmetic mean can be defined as:

M = \frac{n1P1 + n2P2 +n3P3}{n1 +n2+n3}

Where n is the number of shares and P is the share price, then:

M= \frac{50*104 + 100*25.25+ 20*9.125}{50+100+20} \\ M= \frac{7907.5}{170}\\M= 46.514

Based on this, the weighted arithmetic mean price per share is $46.51

4 0
3 years ago
Link Company uses a process cost system and the weighted average method. During the year the company completed 1,300 units of pr
Bumek [7]

Answer:

Cost per equivalent unit: $60

Explanation:

Cost per equivalent unit = (Cost of Beginning Work in Progress Inventory + Total production cost during the period) / Equivalent Units of Production (EUP)

Total Production Cost = $90,000

Equivalent Units of production (EUP) = 1,300 + 400 x 50% = 1,500 units

Cost per equivalent unit: $90,000 / 1,500 units = $60

7 0
3 years ago
At what stage of growth is a business profitable, with enough money to reinvest into the company? A. Successful B. Start-up C. M
Trava [24]
D. Stability, is right.
6 0
3 years ago
Read 2 more answers
George owns a pizzeria in Queens, and he buys his cheese and dough and sauce from SYSCO. This firm provides its customers with t
alexandr1967 [171]

Answer:

Trade credit

Explanation:

Trade credit occurs between traders where a trader allows another to purchase goods without paying for them immediately.

It is the cheapest form of short term financing.

This is a form of business to business agreement where payment is set at a later date of 30 days, 90 days or 60 days.

The transaction is recorded by using invoice.

Usually it is a zero percent short term finance. The amount of the good at time of purchase is what is paid at the sure date.

There is no extra payment made by the buyer as interest on the amount agreed.

5 0
3 years ago
Exercise 8-5 The ledger of Costello Company at the end of the current year shows Accounts Receivable $110,000; Sales Revenue $84
Nina [5.8K]

Answer:

Journal entries are shown below:

Explanation:

The journal entries are as follows

a.  Bad debt expense $1,400  

                       To Account receivable  $1,400

(Being the bad debt expense is recorded)

b. Bad debt expense  $8,900  

          To Allowance for doubtful accounts  $8,900

(Being the bad debt expense is recorded)

The computation is shown below:

= $110,000 × 10% - $2,100

= $11,000 - $2,100

= $8,900

c. Bad debt expense $6,800  

    To Allowance for doubtful accounts $6,800

(Being the bad debt expense is recorded)

The computation is shown below:

= $110,000 × 6% + $200

= $6,600 + $200

= $6,800

4 0
3 years ago
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