A simple random sample of 64 observations was taken from a large population. The sample mean and the standard deviation were determined to be 320 and 120 respectively. The standard error of the mean is
a. 1.875
b. 40
c. 5
d. 15
D
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Who found a strong relationship between the Big Five traits and leadership?
A. Stogdill B. Judge et al. C. Jung and Sosik D. Zaccaro
Which of the following is/are true regarding the fair value of long-lived assets?
a. U.S. GAAP does not permit firms to increase the balance sheet carrying values of tangible and intangible long-lived assets when the fair values of their assets increase. b. IFRS permits upward asset revaluations, the recognition of unrealized increases in the fair value of tangible and intangible long-lived assets under certain conditions. c. IFRS requires that firms credit the increase in the tangible and intangible revalued asset's balance sheet carrying value to other comprehensive income. d. U.S. GAAP firms recognize the increase in the fair value of the tangible and intangible asset only as the firm realizes the value increase through either sale or continuing use. e. all of the above
The measure of whether a forecast method consistently over- or underestimates demand is
A) mean absolute deviation (MAD). B) mean absolute percentage error (MAPE). C) bias. D) the tracking signal.
Pasko Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: ?Total direct labor-hours30,000?Total fixed manufacturing overhead cost$258,000?Variable manufacturing overhead per direct labor-hour$2.00Recently Job P660 was completed with the following characteristics:?Number of units in the job50?Total direct labor-hours250?Direct materials$645?Direct labor cost$10,000Required:Calculate the selling price for Job P660 if the company marks up its unit product costs by 20%.
What will be an ideal response?