A fast food restaurant that sells burritos is concerned about the variability in the amount of filling that different employees place in the burritos. To achieve product consistency it needs this variability to be no more than 1.7 ounces
A sample of n = 18 burritos showed a sample variance of 2.89 ounces. Using a 0.10 level of significance, what can you conclude?A) The standards are being met since (test statistic) < (critical value).
B) The standards are not being met since (test statistic) > (critical value).
C) The standards are being met since (test statistic) > (critical value).
D) The standards are not being met since (test statistic) < (critical value).
B
You might also like to view...
A corporation can own property, enter into contracts, and incur debt in its own name
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. If a contingency that is probable can be reasonably estimated, a liability is recorded and an expense is accrued. 2. Only contingencies that are probable and can be estimated are recorded as a liability and an accrued expense. 3. A contingency was evaluated at year-end. Management felt it was probable that this would become an actual liability and the amount could be reasonably estimated. If this is reported on the balance sheet, it could be considered a violation of generally accepted accounting principles. 4. Contingencies that are probable but cannot be estimated are recorded as liabilities and disclosed in the notes to the financial statements. 5. Under IFRS, "probable" is defined as more than a 50% chance.
Describe the five pricing objectives
What will be an ideal response?
In the conflict model of decision-making, the decision style of ______ involves making a hasty, ill- conceived decision.
A. complacency B. hypervigilance C. vigilance D. interdependence