Defects in the finish of new, custom, automobiles usually require the whole body to be repainted. In one "custom" shop, the percentage of defective finishes has been 2 percent
If a sample size of 10 is taken, what should the 99.7 percent upper control limit be?
A) 0.1328
B) 0.1085
C) 0.0443
D) 0.1528
E) None of the above
D
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Investment firms, such as Goldman Sachs, assist the transfer of capital by
A) facilitating indirect transfers from savers (investing public) to borrowers (corporations needing capital). B) selling common stock for corporate clients in the secondary market. C) selling indirect securities to savers and using the funds to buy common stock for corporations needing funds. D) selling direct securities.
Jack Donaldson owns and operates Jack's Abstracting Service. Jack's two revenue generating operations (Abstracting Services and Closing Services) are supported by two service departments: Clerical and Custodial. Costs in the service departments are allocated in the following order using the designated allocation bases.Clerical: number of transactions processed.Custodial: square footage of space occupied.Average and expected activity levels for next month are as follows: Numbers of Transactions Square Footage Expected Costs ?Abstract services50 1,800 Closing services25 2,200 ?Clerical 1,600 $40,000 ?Custodial5 10,000 ?Required:Use the direct method to allocate the service department costs to the revenue generating departments. Provide the total
costs for the revenue departments. What will be an ideal response?
In a multiple regression model involving 50 observations, the following estimated regression equation was obtained:
?
= 20 + 5x1 - 4x2 + 8x3 + 8x4
?
For this model, SSR = 700 and SSE = 100. The computed F statistic for testing the significance of the above model is
A. 78.75. B. 82.25. C. 50.19. D. 7.00.
A project manager has purchased some training classes for JAVA programming for new members of his team. This would be considered to be part of which PM management area?
a. Time management b. Communication management c. Human resource management d. Procurement management