Answer the following statement(s) true (T) or false (F)
1. A z-test is a type of one-sample test.
2. You do not need to know the population mean to conduct a z-test.
3. You do not need to know the population standard deviation to conduct a one-sample t-test.
4. If you want to know the range of likely values for a sample mean given a particular population mean, you should conduct a z-test.
5. When we compute a z-statistic, we are determining how many standard errors the sample mean is away from the population mean.
1.true
2.false
3.true
4.false
5.true
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[APPENDIX] O'hara Company uses the straight-line depreciation for financial reporting purposes and an accelerated depreciation method for tax purposes. As a result, O'hara will record:
a. a deferred tax asset. b. a deferred tax liability. c. a permanent difference. d. tax-exempt depreciation.
Estimating project cash flows is generally the most important, but also the most difficult, step in the capital budgeting process. Methodology, such as the use of NPV versus IRR, is important, but less so than obtaining a reasonably accurate estimate of projects' cash flows.
Answer the following statement true (T) or false (F)
A corporation has
a. government regulations. b. a limited existence. c. unlimited liability. d. no tax liability.
There is a major effort to explain financial results by the disclosure of financial ratios in annual reports
Indicate whether the statement is true or false