Why can you not be 100% sure that the difference between two groups is not due to chance?
What will be an ideal response?
ANS:
There is always a chance you may be wrong, whether due to a factor unaccounted for or due to a difference in the subjects in your groups other than the difference of interest.
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An amount would not appear along the Dividends account line in which of the following work sheet columns?
a. Income Statement b. Balance Sheet c. Trial Balance d. Adjusted Trial Balance
Which of the following statements is true about the full-costing method?
a. The cost of a dry well would be written off immediately as a loss. b. All costs are recorded as assets, and then depleted over the resource's useful life. c. All costs are written off immediately as a loss. d. All costs are recorded as assets, but remain on the books as assets.
Under an ex works contract, all the costs connected with transportation are the responsibility of the seller
Indicate whether the statement is true or false
A random sample of 100,000 credit sales in a department store showed an average sale of $87.25. From past data, it is known that the standard deviation of the population is $20.00. Determine the standard error of the mean.
A. .0632 B. .0002 C. 20.00 D. .0141