In hypothesis testing, the observations are paired so that the two sets of observations relate to the same respondents

Indicate whether the statement is true or false


TRUE

Business

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The Owens Company uses the machine hour method of applying factory overhead to production. The budgeted factory overhead last year was $200,000 . and there were 40,00 . machine hours budgeted. Actual machine hours incurred during the period were 38,000 . and actual factory overhead was $215,000 . What was the amount of under- or overapplied factory overhead?

a. $10,00 . underapplied b. $15,00 . underapplied c. $25,00 . underapplied d. $10,00 . overapplied

Business

With Older Home Form (HO-8 ), the dwelling is insured for its actual cash value rather than its replacement cost

Indicate whether the statement is true or false

Business

Which of the following routes is a multinational company (MNC) likely to choose in order to quickly expand resources or construct high-profit products in a new market?

A. Licensing agreements B. Basic export and import operations C. Franchising D. Mergers and acquisitions

Business

"Make sure you describe the purpose of your request" is a suggested guideline for using ________ power.

A. reward B. referent C. expert D. legitimate E. coercive

Business