Find the confidence interval of the true mean weight
7 squirrels were found to have an average weight of 9.4 ounces with a sample standard deviation is 0.9. Find the 95% confidence interval of the true mean weight.
a. 8.6b. 7.2c. 8.7d. 9.1
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Nielson Corp. sells its product for $8,800 per unit. Variable costs per unit are: manufacturing, $4,800, and selling and administrative, $100.
The supplies inventory on August 1, 2012 was $7350. Supplies costing $22150 were acquired during year and charged to the supplies inventory. A count on July 31, 2013 indicated supplies on hand of $8810.
When comparing various divisions within a company, describe what problems can arise from evaluating divisions that have different accounting methods, as described in Chapter 11 of your text.
Now develop a different regression model by recoding x. Use Tukey's four-quadrant approach as a resource.
Suppose X1, X2, ... Xn is random sample from a distribution with the ff. pdf. Find the probability that the smallest observation is less than the population median?
Hence, this variable is represented by x2, x3, and x4. How many categories are needed in total for this independent variable? Use a computer to perform a multiple regression analysis on this data to predict y from x values.
If 2,000 units remain unsold at the end of the month and sales total $300,000 for the month, what is the amount of the manufacturing margin that would be reported on the variable costing income statement?
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