Check manufacturer-s claim of potency at given alpha
A new grug had a potency advertised at 75%. Given the following smaple data:
N=25X bar = 76.6%S=1%
a) Check manufacturer's claim of 775% potency at alpha = .05 (one tail)
b) Make a 90% confidence interval.
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Good Health Company Inc. began business in 2008 and has operating results as listed below. In 2010 it generated a net operating loss of $385,000.
If she claims two withholding allowances, how much will her employer with- hold from her monthly paycheck? (Hint: Go to www.irs.gov and search for withholding tables.)
Bob Johnson is the sole owner of Johnson's Carpet Cleaning Service. Bob purchased a personal automobile for $10,000 cash plus he took out a loan for $20,000 in his name. Describe how this transaction is related to the business entity concept.
Krammer Company has liabilities equal to one fourth of the total assets. Krammer's owner's equity is $45,000. Using the accounting equation, what is the amount of liabilities for Krammer?
A new grug had a potency advertised at 75%. Given the following smaple data. Check manufacturer's claim of 775% potency at alpha = .05 (one tail). Make a 90% confidence interval.
For repeated random samples of three bottles, what is the variation in the number of bottles out of three that have less than 12 ounces?
What is the probability that the mean price for a sample of 30 service stations is within $.03 of the population mean?
Alameda Service Center just purchased an automobile hoist for $15,300. The hoist has a 5-year life and an estimated salvage value of $1,199. Installation costs were $3,080, and freight charges were $890.
Prepare summary journal entries to record the month's sales and cost of those sales. (If no entry is required for a particular event, select "No journal entry required" in the first account field.)
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