Please help_________
2 answers:
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Using a t-distribution calculator and finding the p-value, the correct option regarding the conclusion is given by:
a) the p-value is 0.02. We reject h0 at the 5% significance level because the p-value 0.02 is less than 0.05.
<h3>What is the relation between the p-value and the conclusion?</h3>It also involves the significance level, as follows.
- If the p-value is less than the significance level, we reject the null hypothesis
.
- If it is more, we do not reject.
In this problem, a t-distribution calculator for a right-tailed with <em>t = 2.15 and 25 - 1 = 24 df</em> is used to find a p-value of 0.02.
It is less than 0.05, hence option a is correct.
More can be learned about p-values at brainly.com/question/26454209
Answer:
option (a) $6,240
Step-by-step explanation:
Given:
Purchasing cost of the equipment = $82,000
Estimated life = 5 years
Salvage value = $4,000
Revised expected life = 8 years
Now,
Depreciation per year =
therefore,
The accumulated Depreciation at the beginning of year 4
= Annual depreciation × years passed
= 15,600 × 3
= $46,800
Thus,
The book value at the beginning of year 4
= Purchasing cost - Depreciation
= $82,000 - $46,800
= $35,200
Now,
The remaining life = Revised estimated life - Years passed
= 8 - 3
= 5 years
therefore,
Depreciation expense =
=
= $6,240
Hence,
The correct answer is option (a) $6,240