What do you conclude about the distribution, Accounting Basics

+44 141 628 6080
[email protected]

What do you conclude about the distribution

A manager believes that the shelf life of apple juice is normally distributed. A sample of 30 containers of juice was taken and the shelf life was recorded. You are given the results below. The average shelf life in the sample was 23.07 days with a standard deviation of 4.29 days.

a. State the null and alternative hypothesis.

b. Compute the test statistic for the goodness of fit test.

c. At 95% confidence using p-value approach, test the hypothesis. What do you conclude about the distribution?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What do you conclude about the distribution

Reference No:- TGS0705660

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Provide an example of a transaction

Provide an example of a transaction that affects (a) only one element of the accounting equation(b) two elements of the accounting equation (c) three elements of the accounting equation.

Q : How much gain can barkley company record

Prepare the interest payment schedule of the note for Barkley Company after the debt restructuring. (If answer is zero, please enter 0, do not leave any fields blank.)

Q : Accept american express cards

In this case the customer is using Six Sigma to reduce defects in a service.<br />THE GENERAL SITUATION<br />A number of merchants that accept American Express cards fail to place point-of-purchase materials.

Q : What was the total materials cost incurred this period

Beginning inventory consisted of 16,000 units with a direct materials cost of $56,800. The equivalent work represented by all direct materials costs in the WIP Inventory account amounted to 72,000 units.

Q : What do you conclude about the distribution

A manager believes that the shelf life of apple juice is normally distributed. A sample of 30 containers of juice was taken and the shelf life was recorded. You are given the results below.

Q : What was the companys revenue for the year

Nguyen Company began the year with owner's equity of $217,000. During the year, Nguyen received additional owner investments of $294,000, recorded expenses of $840,000, and had owner drawings of $56,000.

Q : How much will your stocks be worth on june

Your portfolio is 200 shares of BMI stock. The stock currently sells for $96 a share. The company has announced a dividend of $2.50 per share with an ex-dividend date of June 30th.

Q : What is the ending finished-goods inventory cost under

Consider the following information pertaining to a year's operations of Youngstown Manufacturing:What is the ending finished-goods inventory cost under variable costing?

Q : What entry is made in january to record the sale

Pickett Company typically sells subscriptions on an annual basis, and publishes six times a year. The magazine sells 60,000 subscriptions in January at $15 each. What entry is made in January to record the sale of the subscriptions?

1932328

Questions
Asked

3,689

Active Tutors

1426734

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What do you conclude about the distribution

Reference No:- TGS0705660

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Provide an example of a transaction

Q : How much gain can barkley company record

Q : Accept american express cards

Q : What was the total materials cost incurred this period

Q : What do you conclude about the distribution

Q : What was the companys revenue for the year

Q : How much will your stocks be worth on june

Q : What is the ending finished-goods inventory cost under

Q : What entry is made in january to record the sale

Discuss social worker working with foster children

Discussion about the nature versus nurture

Review a social, behavioral, or cultural factor

Identify a specific theory of cognitive or moral development

Describe some of your personality traits

Discussion about gender stereotyping

How we perceive objects in the real world

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What do you conclude about the distribution

Reference No:- TGS0705660

Recent Questions Asked Accounting Basics

Q : Provide an example of a transaction

Q : How much gain can barkley company record

Q : Accept american express cards

Q : What was the total materials cost incurred this period

Q : What do you conclude about the distribution

Q : What was the companys revenue for the year

Q : How much will your stocks be worth on june

Q : What is the ending finished-goods inventory cost under

Q : What entry is made in january to record the sale

Asked Questions