The expected value for a binomial probability distribution is
a. E(x) = Pn(1 - n)
b. E(x) = P(1 - P)
c. E(x) = nP
d. E(x) = nP(1 - P)
C
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Which of the following would most likely be a unit-level cost?
A) Factory insurance B) Quality control C) Lubricants used on factory machinery D) Research and development costs for a new product line
The Bristol-Fuller partnership was formed on January 1, Year 1, when Bristol and Fuller invested $40,000 and $30,000 cash in the partnership, respectively. During Year 1, the partnership earned $75,000 in cash revenues and paid $52,000 in cash expenses. Bristol withdrew $5,000 cash from the business during the year, and Fuller withdrew $4,000. The partnership agreement specified that net income should be allocated equally to the partners' capital accounts. Required:Indicate how each of the transactions and events for the Bristol partnership affects the financial statements model, below. Indicate dollar amounts of increases and decreases. With regards to the statement of cash flows, indicate whether each is an operating activity (OA), investing activity (IA), or financing activity (FA).
Indicate NA if an element is not affected by a transaction.
What will be an ideal response?
Demand for a particular type of battery fluctuates from one week to the next. A study of the last six weeks provides the following demands (in dozens): 4, 5, 3, 2, 8, 10 (last week)
(a) Forecast demand for the next week using a two-week moving average. (b) Forecast demand for the next week using a three-week moving average.
Common law is:
a. the original or oldest source of law in the United States b. the law generally applied world wide c. the law that the legislature must follow d. the law that everyday citizens, but not government officials, must follow e. none of the other choices