Find random sample of parts shows mean diameter
A machinist is making engine parts with axle diameter of 0.7 inch. A random sample of 15 parts shows mean diameter 0.742 inch with a standard deviation of 0.04 inch. On the basis of this sample would you say that the work is inferior?
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Calculate the monthly finance charge for the following credit card transaction. Assume that it takes 10 days for a payment to be received and recorded and that the month is 30 days long.
Form a normal distribution with mean 0.7515 cm and standard deviation 0.0022 cm. How many of the plugs are likely to be rejected if the approved diameter is 0.752± 0.004.
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Walt and Jackie rent out their residence in San Diego to friends for 10 days while they vacation in Europe. They collect $1,000 of rental income. How is the rental income treated on their tax return? Explain.
A machinist is making engine parts with axle diameter of 0.7 inch. A random sample of 15 parts shows mean diameter 0.742 inch with a standard deviation of 0.04 inch.
Flynn Company's monthly bank statement showed the ending balance of cash of $22,750. The bank reconciliation for the period showed an adjustment for a deposit in transit of $2,300, outstanding checks of $3,250.
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Christine is a new homebuyer. She wants to make sure that she incorporates the cost of maintenance into her decision. She estimates that routine repairs and maintenance on the home she is considering will be $1,590 in the first year (one year from
Precision Numbers, Inc., manufactures pocket calculators. Costs incurred in making 25,000 calculators in April included $85,000 of fixed manufacturing overhead. The total absorption cost per calculator was $12.50.
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