A study is under way to determine the average height of all 63,000 adult walnut trees in a certain national forest. The heights of 950 randomly selected adult walnut trees are measured and analyzed. The sample in this study is:
a. the average height of the 950 randomly selected adult walnut trees.
b. the average height of all the adult walnut trees in this forest.
c. all the adult walnut trees in this forest.
d. the 950 adult walnut trees selected at random from this forest.
D
You might also like to view...
Artisans who retain goods are liable for conversion if they:
A. keep the goods without the right to a lien. B. return the goods before the debt has been paid. C. sell the goods for the unpaid charges. D. lose the goods to the debtor in a fraudulent manner.
Which of the following is true regarding the accounting process?
a. Preparation of the trial balance ensures that all amounts have been posted to the correct accounts. b. Preparation of the trial balance is a step in the recording process. c. Preparation of the trial balance determines that total debits equal total credits. d. Preparation of the trial balance determines both that total debits equal total credits and that all amounts have been posted to the correct accounts.
When an entity reduces its interest in an investment in equity securities accounted for by the equity method, and changes to the fair value method, what is the initial cost value for purposes of subsequent changes in market value?
a. Original cost b. Book value at the date of change c. Market value at the date of the change d. Market value at the date of acquisition
Which of the following are advantages of reducing inventory?
I. Engineering changes can be made sooner. II. Quality can be improved. III. Less space is needed in manufacturing. IV. Lead time will be shorter. A) I, II, III and IV B) I, II and IV only C) III and IV only D) I, II and III only E) II, III and IV only