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ICE Princess25 [194]
3 years ago
9

The alumni association for our college has gathered a large dataset on graduating seniors. Some of the variables in the data set

are gender, major, GPA, and starting salary. They are interested in looking at relationships among these variables. For which of the following pairs of variables would a two sample t-test be appropriate to examine whether there is a relationship between the two variables?
a. GPA and gender
b. Major and salary
c. None of the above because two sample t-tests are for comparing numerical variables.
d. Gender and major
e. GPA and salary
Business
1 answer:
Kruka [31]3 years ago
8 0

Answer: The answer is a GPA and gender

Explanation:

statistics is a numerical science which deals with the process of collecting, classifying ,analysing and interpreting numerical data. It is based on the following elements which are

Data collection : This is the process of gathering raw data to be measured which can be collected by means of interviewing, observation, questionnaire.

Data classification : This is the process of arranging data into classes based on their relationship to each other.It includes the grouping of the data in order to establish the basis of the proposed studies.

Data Analysis : This is the method of getting out the essential facts from the collected data.this can be achieved through the use of frequency distribution tables, measures of dispersion, percentages, correlation coefficient, t- test and so on

Data interpretation : This is the process of interpreting the collected data in order to determine the kind of relationship that exist between two or more variables. It consists of those method by which judgement are formed one of them is the t- test which can be described as the method of determining the difference between the mean of two variables. While a two sample t - test is the method used to know the difference between the mean of two independent population. Therefore in terms of cases above the two sample t - test would be appropriate to examine the relationship between the two variables of GPA and gender

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At the end of 2016, Splish Brothers Inc. has accounts receivable of $675,100 and an allowance for doubtful accounts of $24,370.
ikadub [295]

Answer:

a.

Allowance for doubtful accounts $4,127

Accounts receivable $4,127

b.

The cash realizable value of the accounts receivable before the write-off : $650,730 and after the write-off: $650,730

This is the same amount

Explanation:

a. When write-off the receivable, the amount of the Accounts receivable of Splish Brothers Inc. will reduce. The company use Allowance for doubtful accounts to write-off  receiable that is not collectible.

b.

Cash realizable value is the amount of money company expect to receive from the accounts receivable after deducting the uncollectable amount.

Cash realizable value = Accounts receivable - Allowance for doubtful accounts

Before write-off:

Cash realizable value  = $675,100-$24,370 = $650,730

After write-off:

Accounts receivable = $675,100-$4,127 = $670,973

Allowance for doubtful accounts = $24,370-$4,127 = $20,243

Cash realizable value = $670,973 - $20,243 = $650,730

When the company write-off, the Accounts receivable and Allowance for doubtful accounts reduce the same amount. So, the Cash realizable value is not changed after write-off (this is the same amount before and after write-off)

7 0
3 years ago
Angara Corporation uses activity-based costing to determine product costs for external financial reports. The company has provid
GREYUIT [131]

Answer:

d. $611,100

Explanation:

The computation of the total amount of overhead cost is shown below:

= (Machine related cost ÷ Total machine related cost of product X × Machine related of product X) + (Batch setup cost ÷ Total machine related cost of product X × Machine related of product X) + (General factory cost ÷ total general factory cost of product X × general factory of product X)

= ($362,600 ÷ 14,000 × 6,000) + ($421,500 ÷ 15,000 × 12,000) + ($308,100 ÷ 13,000 × 5,000)

= $155,400 + $337,200 + $118,500

= $611,100

6 0
3 years ago
Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 45,000 bottles of wine were sold every
dangina [55]

Answer: a) $6

b) Of this amount, the burden that falls on consumers is $3 per bottle, and the burden that falls on producers is $3 per bottle.

c) False

Explanation:

a) The amount of tax paid on a bottle can be calculated as,

Amount of tax = Price paid by consumers - Price received by producers

Amount of tax = 7 - 1

Amount of tax = $6

b) The tax burden on the consumer is given by,

Tax burden of consumers = Price paid by consumers - Pre-tax Price

Tax burden of consumers = 7 - 4

Tax burden of consumers = $3

Tax burden of producers = Pre-tax price - Price received by producers

Tax burden of producers

Tax burden of producers = 4 - 1

Tax burden of producers = $3

c) False

Quantity sold does not change depending on who is taxed between the producer and the supplier.

5 0
3 years ago
Pavelko Corporation has provided the following data for its two most recent years of operation: Manufacturing costs: Variable ma
marysya [2.9K]

Answer:

Total unitary manufacturing cost= $32

Explanation:

Giving the following information:

Direct materials $ 13

Direct labor $ 5

Variable manufacturing overhead $5

Fixed manufacturing overhead per year $90,000

Units produced= 10,000 units.

<u>The absorption costing method includes all costs related to production, both fixed and variable. </u>The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

Unitary fixed overhead= 90,000/10,000= $9

Total unitary manufacturing cost= 13 + 5 + 5 + 9

Total unitary manufacturing cost= $32

7 0
3 years ago
At $5 a bushel, there is an excess supply of wheat. is this price above or below the equilibrium price? in 2-3 sentences, explai
Nataly [62]
Its above the equilibrium price. Excess supply means they produced more than what people are demanding. So the bushel might be expensive for them and less people are buying it.
5 0
3 years ago
Read 2 more answers
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