Confidence interval for the population proportion
A sample of 235 students found that 18% had a GPA greater than 2.89. The population from which the sample was drawn is approximately normally distributed. Construct the 95% confidence interval for the population proportion.
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Let y be a random number with probability density function g(y)=0.5*sin(y) where π≥y≥0. Generate 1000 y's. If n(k) represents the number of y's such that kπ*0.1>y≥ (k-1)π*0.1, plot n(k) with k=1,2,3,...,10.
What other considerations should management factor into the decision making process in regard to purchasing from external sources or cutting the selling price?
If the risk of a certain disease for non-alcoholics is 7 % and the relative risk for this disease in alcoholics versus non-alcoholics is 4.2. We can conclude that the risk of the disease for an alcoholic is: [What %]?
If an accounting manager asks you to delay recording an invoice for the purchase of merchandise until after the closing of the general ledger, but include the merchandise in the physical count of the ending merchandise inventory(periodic inventory
In order to assist the managers and Board of Management you are compiling a resource which will define the various management accounting terms used in the process of strategic analysis.
Alson owns a painting that she received as a gift from her aunt 10 years ago. The aunt created the painting. Alison has displayed the painting in her home and has never attempted to sell it.
An accountant believes that in month 7 the machine hour volume will be 3600 hours. Determine the expected utility cost.
Jim believes that if he spends $6,000 per month in advertising costs, he can raise the selling price of his product to $34. Is this a good idea? Support your answer.
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