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KIM [24]
4 years ago
5

The relationship between the variance and the standard deviation is such that the standard deviation is the positive square root

of the variance. True or False
Business
1 answer:
Irina18 [472]4 years ago
5 0

The given statement " The relationship between the variance and the standard deviation is such that the standard deviation is the positive square root of the variance " is TRUE

Explanation:

The standard variation is the square root of the variance. The normal deviation is measured in almost the same units as the norm, while the variance is measured in square units, but you could use anything as long as the knowledge about a distribution is valid.

For example,

a Normal distribution with mean = 10 and sd = 3 is exactly the same thing as a Normal distribution with mean = 10 and variance = 9.

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3 years ago
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Harold Manufacturing produces denim clothing. This year, it produced 5,000 denim jackets at a manufacturing cost of $45 each. Th
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Answer:

ALTERNATIVE 1 $30,000

ALTERNATIVE 2 $28,000

ALTERNATIVE 3 $33,000

Explanation:

Calculation for the incremental income

ALTERNATIVE 1 Sell as it is

Incremental revenue $30,000

(5,000*$6)

Incremental costs $0

Incremental Income $30,000

ALTERNATIVE 2 Disassemble and sell to recycler

Incremental revenue $60,000

(5,000*$12)

Incremental costs $32,000

Incremental Income $28,000

ALTERNATIVE3 Rework and turn into good jackets

Incremental revenue $135,000

(3,000*$45)

Incremental costs $102,000

Incremental Income $33,000

Therefore based on the above calculation the company should choose ALTERNATIVE 3 of the amount of $33,000

4 0
3 years ago
The Peridot Company purchased machinery on January 2, 2019, for $800,000. A five-year life was estimated and no residual value w
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Answer:

1.- Without Retrospective effect

2.- No as it comes from a change in estimations not an accounting error.

3.- yes. It will give a full explanation about the reasons to extend the useful life.

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Explanation:

1.- The change in the useful life does not represent an accounting error. It comes from the estimation process.

800,000 - 160,000 x 2 = 480,000 book value at beginning 2021

480,000 / 8 new useful life = 60,000 depreciation per year.

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3 years ago
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4 years ago
Adham is interested to buy a pair of shoes, at Lazzado.com as follows:
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I think it could either be the first or third option, but I thinking the correct one should be the first option. Hope this helped :)
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