A cellular phone company claims that the mean amount spent per month is more than $75 . A test is made of Ho: ? = 75 versus Ha: ? > 75 . The null hypothesis is rejected. State the appropriate conclusion
There is sufficient evidence to support the claim that the mean checkout amount is greater than $75.
RATIONALE: The claim for this problem is that the mean checkout amount is greater than $75 . The conclusion is stated in terms of the alternative hypothesis.
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The minimum transfer price is the transfer price that would leave the selling division no worse off if the good is sold to an internal division
Indicate whether the statement is true or false
From a population of size 400, a random sample of 40 items is selected. The median of the sample
A. must be 200, since 400 divided by 2 is 200. B. must be 10, since 400 divided by 40 is 10. C. must be equal to the median of population, if the sample is truly random. D. none of these alternatives is correct.
Which of the following is NOT a warning sign indicating a possible problem with a document?
a. disguised or unnatural handwriting b. authorized initialed changes c. inconsistency or disruption in the continuity of the content d. use of two or more different colors of ink
Authoritative guidance requires firms that account for notes and bonds using the _____ market interest rate to report the carrying values, or book values, on the balance sheet and to disclose the _____ of these notes and bonds in notes to the financial statements
a. average; historical market interest rates b. historical; future value c. current; future value d. historical, fair value e. current; historical market interest rates