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Eva8 [605]
3 years ago
15

A particular city has an asian population of 1419 people, out of a total population of 23,609. conduct a goodness of fit test at

the 5% level to determine if the self-reported sub-groups of asians are evenly distributed. round expected frequency to two decimal places. race frequency expected frequency asian indian 135 202.71 chinese 123 202.71 filipino 1038 202.71 japanese 76 202.71 korean 14 202.71 vietnamese 10 202.71 other 23 202.71 part (a) state the null hypothesis. the self-reported sub-groups of asians are evenly distributed. the self-reported sub-groups of asians are not evenly distributed.
Business
1 answer:
lions [1.4K]3 years ago
3 0
Given that a<span> particular city has an asian population of 1419 people, out of a total population of 23,609.

To conduct a goodness of fit test at the 5% level to determine if the self-reported sub-groups of asians are evenly distributed.

Since, the parameter of interest is 'if the self-reported sub-groups of asians are evenly distributed', thus the null hypothesis is "the self-reported sub-groups of asians are evenly distributed".</span>
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On July 1, Crowe Co. pays $15,000 to Zubin Insurance Co. for a 3-year insurance policy. Both companies have fiscal years ending
Neko [114]

Answer:

a.

July 1, Year 1

Prepaid Insurance                  $15000 Dr

     Cash                                       $15000 Cr

Dec 31, Year 1

Insurance expense                    $2500 Dr

    Prepaid Insurance                     $2500 Cr

b.

July 1, Year 1

Cash                                                  $15000 Dr

    Unearned Service revenue             $15000 Cr

Dec 31, Year 1

Unearned service revenue        $2500 Dr

    Service revenue                           $2500 Cr

Explanation:

a.

The company will record the cash going out of the business for prepaid insurance as credit and the asset account prepaid insurance as debit to record the prepayment of insurance for 3 years at the amount of $15000.

The insurance paid out is for 3 years. So, the per year insurance expense is,

Insurance expense per year = $15000 / 3 = $5000

The adjusting entry made on 31 december will record the insurance months consumed (6 months) as an expense and debit the insurance expense and credit the prepaid insurance asset account.

The insurance expense for 6 months = 5000 * 6/12 = $2500

b.

For the receiving company, the cash is being received and as the service will be provided later on, the cash received will be debited and the unearned service revenue will be credited.

As six months worth of cover has passed, on 31 December, the company will record service revenue for 6 months that is $2500 and debit the liability recorded under unearned service revenue.

4 0
3 years ago
Consumers decisions are primarily affected by preference and ________
Nady [450]

Answer:

price

Explanation:

5 0
3 years ago
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pickupchik [31]
If these were the given choices and I had to choose 2 answers.
<span>A. Use an assignment rule to notify product managers when opportunities are updated.
B. Create a Chatter group to share product information with the sales team, product managers, and customers. 
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My answers are:
</span>B. Create a Chatter group to share product information with the sales team, product managers, and customers. 
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</span>
Chatter group is real time. It is faster and more convenient to discuss product details that are needed to boost sales. Rather than looking for a product manager, one can simply post questions and clarifications on the chatter group and everybody can see the answers. It reduces redundancies. 
6 0
3 years ago
What is the term that describes what a business has to pay to correct defective products?
vagabundo [1.1K]
I believe the correct answer from the choices listed above is option A. The term <span> that describes what a business has to pay to correct defective products would be the cost of quality. Hope this answers the question. Have a nice day.</span>
7 0
3 years ago
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A representative meets a potential client at a convention. The client is interested in an investment giving life-long income, an
Gwar [14]

Answer:

The representative should talk to the manager to determine if there was a Know Your Customer violation

Explanation:

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