To balance the two types of errors, alpha (?), also known as ________, is often set at .01 or .05

A) type I error
B) level of significance
C) type II error
D) A and B are correct


D

Business

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In 2012, Governor Nikki R. Haley of South Carolina was cleared of charges that she violated ethics rules when she ________

A) campaigned on behalf of presidential candidates in the 2008 election B) lobbied on behalf of two businesses she worked for when she was a state representative C) perjured herself during lobbying activities D) conspired to bribe public officials

Business

Simplicity is the main advantage of which of the following process costing methods?

A) weighted average B) FIFO C) LIFO D) Exact cost method

Business

Which of the following statements is FALSE with regard to holding costs?

a. The holding cost per unit per period is expressed as a percentage of the purchase price (P). b. The holding cost per unit per period is called the carrying rate. c. The holding cost per unit per period is called the holding rate. d. The holding cost per unit per period is expressed as a percentage of ordering costs.

Business

Unrealized capital gains or losses will have no effect on a mutual fund's net asset value

Indicate whether the statement is true or false.

Business