A population has a standard deviation of 50 . A random sample of 100 items from this population is selected. The sample mean is determined to be 600 . At 95% confidence, the margin of error is
a. 8.225.
b. 8.3.
c. 9.8.
d. 9.92.
c
You might also like to view...
Bennett Company's accountant made the following errors related to merchandise inventory in 2016: 1. The beginning inventory for 2016 was overstated by $1,900 due to an error in the physical count. 2. A $1,150 purchase of merchandise on credit was not recorded, but the items were included in the ending inventory. ? Assuming a periodic inventory system, Bennett Company's 2016 cost of goods sold
will be A) understated by $750. B) understated by $1,900. C) overstated by $750. D) overstated by $1,900.
On March 31 a company needed to estimate its ending inventory to prepare its first quarter financial statements. The following information is available:Beginning inventory, January 1: $4,000Net sales: $80,000Net purchases: $78,000The company's gross margin ratio is 25%. Using the gross profit method, the cost of goods sold would be:
A. $60,000. B. $63,000. C. $19,500. D. $20,000. E. $58,500.
Following a systematic plan when preparing any document or presentation will make your job easier
Indicate whether the statement is true or false
Overall channel goals and individual channel member goals CANNOT be achieved together without
A. conflict. B. captains. C. leadership. D. cooperation. E. tying agreements.