Contingency tables are used in:

a. testing independence of two samples.
b. testing dependence in matched pairs.
c. testing independence of two qualitative variables in a population.
d. describing a single population.


C

Business

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Indicate whether the statement is true or false

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How many million people are employed by traditional retailers in the United States?

a. 7 b. 15 c. 25 d. 30

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Folson Company is planning to produce 4,250,000 speakers for the coming year. Actual production was 4,000,000 speakers. Each speaker requires 0.80 direct labor hours per unit. Predetermined overhead rates are calculated using expected production, measured in direct labor hours. The budgeted variable overhead for the coming year is $680,000. The actual variable overhead incurred was $714,000. The

applied variable overhead for the year is: A) $800,000. B) $714,000. C) $640,000. D) $680,000. E) none of these.

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The conclusion section of a report allows you to

A) Sum up what you have learned. B) Provide detailed information. C) State what decisions you have made. D) All of the above. E) A and C.

Business