Once you’ve calculate an obtained test statistic, how do you determine if it is statistically significant?
What will be an ideal response?
You must first consult a z or t table to determine the critical value. Based upon alpha, identify the critical z or t statistic at which the appropriate number of scores fall in the tails, which defines the region of rejection. Then compare the test statistic to the critical value. If the test statistic falls beyond the critical value (further into the tail, beyond the critical value), the result is statistically significant. If it is not, it is not significant.
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Steve owns 64% and Mark owns 36% of a partnership business. They purchase equipment with a suggested value of $9600. The current market value of the equipment at the time of purchase was $9100. At the time of the balance sheet preparation, depreciation of $160 was recorded. Based on the information provided, which of the following is TRUE of the partnership?
A) The Equipment account will be debited at $9100 on the date of purchase. B) The Equipment account will be debited at $8940 on the date of purchase. C) The Equipment account will be debited at $9600 on the date of purchase. D) The Equipment account will be debited at $9440 on the date of purchase.
An important element of ethical/moral leadership involves serving ______.
a. one’s own interests as leader b. one’s own self-interests c. the interests of others d. the interests of whomever is most important
_________ include people, hardware, software, or other assets.
Fill in the blank(s) with the appropriate word(s)
Eyestone Corporation has two divisions, A and B. The following data pertain to operations in October: Division ADivision BSales$80,000 $170,000 Variable expenses as a percentage of sales 60% 80%Segment margin$10,000 $25,000 If common fixed expenses were $17,000, total fixed expenses were:
A. $13,000 B. $31,000 C. $48,000 D. $53,000