In practice, the most frequently encountered hypothesis test about a population variance is a
a. one-tailed test, with rejection region in the lower tail.
b. one-tailed test, with rejection region in the upper tail.
c. two-tailed test, with equal-size rejection regions
d. two-tailed test, with unequal-size rejection regions.
b
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Answer the questions below.
a.What measure is used by banking authorities who wish to calculate the degree of monopoly power in a banking market (give the name or the acronym)? Write the equation that is used and describe what each term means. b.Suppose the banking market in Charlottesville consists of five banks that each having a market share of 15 percent and five more banks each having a market share of 5 percent. Calculate the measure of monopoly power. c.Three of the banks that currently have 15 percent of the market would like to merge and form First Super Bank of Charlottesville. If the merger were allowed, calculate the new measure of monopoly power. d.Under the standard set of guidelines of the U.S. Department of Justice, would the merger be allowed? Explain why or why not, describing the guidelines and your results from parts (b) and (c). What will be an ideal response?
Anthony's Shoe Company uses a perpetual inventory system. The beginning balance in its inventory account is $1,500 and the ending balance is $1,000 . Cost of goods sold is $6,500 . What was the amount of inventory purchased during the year?
a. $ 500 b. $7,000 c. $7,500 d. $6,000
The ________ requires that the government give a person proper notice and hearing of legal action before that person is deprived of his or her life, liberty, or property
A) procedural due process B) substantive due process C) Supremacy Clause D) Equal Protection Clause
Discuss and exemplify how the Q&A session can be advantageous to both the speaker and audience.
What will be an ideal response?