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Kamila [148]
3 years ago
15

A statistics practitioner is n the process of testing to determine whether there is enough evidence to infer that the population

mean is different from 180. She calculated the mean and standard deviation of a sample of 200 observations as x-bar equals 175 and s = 22.
a. Calculate the value of the test statistic required to determine whether there is enough evidence at the 5% significance level. Use Excel to calculate the appropriate p-value as well.
b. Repeat part (a) with s = 45.
c. Repeat part (a) with s = 60.
d. Discuss what happens to the t statistic and the p-value when the standard deviation increases.

Business
1 answer:
slega [8]3 years ago
6 0

Answer

The answer and procedures of the exercise are attached in the following image.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

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A company provided the following direct materials cost information. Compute the total direct materials cost variance. Standard c
lord [1]

Answer:

C. $78,250 Unfavorable.

Explanation:

We know,

Material cost variance = (Standard quantity × Standard price) - (Actual Quantity × Actual price)

Given,

Standard quantity = 405,000 units

Standard price = $2.00 unit

Actual Quantity = 403,750 units

Actual price = $2.20 unit

Putting the values into the formula, we can get

Material cost variance = (Standard quantity × Standard price) - (Actual Quantity × Actual price)

Material cost variance = (405,000 × $2.00) - (403,750  × $2.20)

Material cost variance = $810,000 - $888,250

Material cost variance = -78,250

Material cost variance = 78,250 (Unfavorable)

Therefore, C is the answer.

4 0
3 years ago
Were did west African slave traders get their slaves to sell to Europeans ​
Nimfa-mama [501]

Answer:

I don't know but where can i buy

Explanation:

3 0
3 years ago
Using the Business Process Pragmatism procedure as part of his decision making process, Trevor first should perform a(n) _______
Juliette [100K]

Answer: Inquiry

Explanation:

According to the given question, by using the procedure of the business process for making the various types of decisions and the Trevor should perform the inquiry process for determining the ethical and some legal issues.

 The inquiry is one of the type of approach that is helps in developing the problem solving ability and also the information processing.

It is the process that has ability for resolving various types of problems or ussies by implementing a compliance policies.    

 Therefore, Inquiry is the correct answer.  

5 0
3 years ago
A merger where one company purchases another as a way to reduce competition, is an example of a type of market activity that gov
DIA [1.3K]

Answer:

B) antitrust laws

Explanation:

Antitrust laws refer to the laws with respect to the competition and it is established by the U.S government. The motive of this to secure the consumers from that business practices who are dealing in predatory and if this law does not exist then the consumers would not gain i.e from the competition arise in the market place

Therefore according to the given situation, when the government passes the law against so this reflect the antitrust laws

6 0
3 years ago
Kevin owns a retail store, and during the current year, he purchased $610,000 worth of inventory. Kevin's beginning inventory wa
Dimas [21]

Answer:

COGS= $598,020

Explanation:

Giving the following information:

Kevin owns a retail store, and during the current year, he purchased $610,000 worth of inventory. Kevin's beginning inventory was $67,000, and his ending inventory is $77,200. During the year, Kevin withdrew $1,780 in inventory for his personal use.

We need to deduct the inventory used for personal use.

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

COGS= 67,000 + 610,000 - 77,200 - 1,780

COGS= $598,020

3 0
3 years ago
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