It is believed that the median yearly income in a suburb of Atlanta is $70,000 . A sample of 67 residents was taken. Thirty-eight had yearly incomes above $70,000 . 26 had yearly incomes below $70,000 . and 3 had yearly incomes equal to $70,000 . The null hypothesis to be tested is H0: median = $70,000 . The test statistic has a value of

a. 1.00
b. 1.50
c. 2.00
d. 2.50


B

Business

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Accumulated depreciation is increased when depreciation is recognized

a. True b. False Indicate whether the statement is true or false

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Mountain Dew's Dewmocracy promotional campaign — including advertising, events, a Web site and social media efforts designed to engage consumers in brand-related activities — is an example of ________

A) paid media B) earned media C) individualization D) word-of-mouth E) mobile marketing

Business

Stockmaster Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.   Sales (8,000 units)$320,000Variable expenses 192,000Contribution margin 128,000Fixed expenses 121,600Net operating income$6,400The margin of safety in dollars is closest to:

A. $128,000 B. $121,600 C. $6,400 D. $16,000

Business

Which of the following purposes of contracting outlines the appropriate time to elucidate what the client expects to see when the engagement is finished, as well as how the engagement will be evaluated?

a. To further explore the problem b. To clarify the client’s goals and objectives for the request c. To allow the client to get to know the consultant, the consultant to get to know the client and the organization, and for both parties to validate that the project is one that the consultant has the knowledge and skills to accept d. To understand the organization’s commitment to change

Business