A Type II error is committed when _____

a. a true alternative hypothesis is mistakenly rejected
b. a true null hypothesis is mistakenly rejected
c. the sample size has been too small
d. not enough information has been available


a

Business

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Swisher, Incorporated reports the following annual cost data for its single product:Normal production levelĀ 30,000unitsDirect materials$6.40per unitDirect labor$3.93per unitVariable overhead$5.80per unitFixed overhead$150,000in totalĀ This product is normally sold for $48 per unit. If Swisher increases its production to 50,000 units, while sales remain at the current 30,000 unit level, by how much would the company's income increase or decrease under absorption costing?

A. $60,000 increase. B. $90,000 increase. C. There is no change in income. D. $90,000 decrease. E. $60,000 decrease.

Business

Judicial Triage is all of the following except: A) a court management tool

B) results in some cases being expedited. C) results in some cases being postponed. D) a directed verdict

Business

Hardware is the most vulnerable to attack and the least susceptible to automated controls

Indicate whether the statement is true or false.

Business

There is a 60% chance of getting stuck in traffic when leaving the city. On two separate days, what is the probability that you get stuck in traffic both days?

a. .36 b. .60 c. 1.20 d. .30

Business