When performing a horizontal analysis on an income statement, the percentage change in any individual item is calculated by div
1 answer:
Answer: <em><u>C. the base period amount.</u></em>
<u><em>Explanation: </em></u>While implementing a horizontal analysis on a given income statement, we compute a percentage change in any individual item by dividing the dollar amount of change from base to current time period with <u><em>the base period amount.</em></u>
i.e. % Change in Individual item =
<u><em>Therefore, the correct option in this case is (c)</em></u>
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Solution :
Given :
Sample mean,
Sample size, n = 129
Sample standard deviation, s = 8.2
a. Since the population standard deviation is unknown, therefore, we use the t-distribution.
b. Now for 95% confidence level,
α = 0.05, α/2 = 0.025
From the t tables, T.INV.2T(α, degree of freedom), we find the t value as
t =T.INV.2T(0.05, 128) = 2.34
Taking the positive value of t, we get
Confidence interval is ,
(32.52, 35.8)
95% confidence interval is (32.52, 35.8)
So with confidence of the population of the mean number of the pounds per person per week is between 32.52 pounds and 35.8 pounds.
c. About of confidence intervals which contains the true population of mean number of the pounds of the trash that is generated per person per week and about
that doe not contain the true population of mean number of the pounds of trashes generated by per person per week.