Which of the following is the best interpretation of the meaning of a 95% confidence interval?
A) if you took many samples, 95% of the sample findings would fall within your confidence interval
B) if you took many samples, 5% of the sample findings would fall within your confidence interval
C) if you took many samples, 95% of the sample findings would fall outside your confidence interval
D) if you took many samples, 99% of the sample findings would fall within your confidence interval
E) if you took many samples, 100% of the sample findings would fall within your confidence interval
A
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Dr. James isolated Staphylococcus aureus, a type of bacteria, from the leg wound of a ten-year-old boy. He suspected these bacteria would grow better at body temperature than room temperature (72°F), but thought that he should collect data to support his thinking. Dr. James introduced the same number of Staphylococcus bacteria into each of six test tubes containing the same type and amount of nutrient broth. Three test tubes were incubated at 98.6°F (Group 1), while three test tubes (Group 2) sat at 72°F. After 24 hours, Dr. James compared the turbidity (indicative of growth) of all six tubes and rated each on a scale of 0 - 4. 0 indicates no turbidity (no growth), while 4 indicates high turbidity (high growth). The following data were collected: src="https://sciemce.com/media/4/ppg__tttt0823190712__f1q550g1.jpg" alt="" style="vertical-align: 0.0px;" height="274" width="486" />The dependent (responding) variable in this experiment is
A. the time that the test tubes were allowed to sit.
B. growth of bacteria, as indicated by the turbidity in the test tubes.
C. the temperature.
D. amount of initial inoculum, or number of bacteria introduced into each test tube.
If the internal rate of return is less than the required rate of return for a project, then the net present value of that project is positive.
Answer the following statement true (T) or false (F)
In a breach of warranty case, the buyer must:
a. notify the seller of defects within a reasonable time. b. bring any lawsuit no later than three years after the defect was discovered. c. extend the statute of limitations in writing rather than orally if they choose to allow a longer time for bringing suit. d. notify the seller of defects within six months of their discovery or they cannot bring a lawsuit.
Outdoor World experienced the following business events during its first year of operation. The company uses a perpetual inventory system.1) Purchased merchandise on account for $170,000.2) Sold inventory costing $124,000 for $208,000 on account.3) Paid transportation-out cost of $7,000 on goods sold.4) Paid operating expenses of $55,200. 5) Sold land for $45,400 that had cost $50,000.6) A count of the inventory revealed that there was $45,800 of inventory on hand at the end of Year 1.Required: a) What was Outdoor World's net income for Year 1?b) What was the gross margin and the gross margin percent for Year 1?c) What amount of inventory will be reported on the balance sheet for December 31, Year 1?d) Prepare a multistep income statement for Year 1.
What will be an ideal response?