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As a project for their high school mathematics class, four class members purchase packages of a leading breakfast cereal for subsequent weighing and comparison with the 12-ounce label weight. The students are surprised when they weigh the contents of their four pack- ages and find the average weight to be only 11.5 ounces. When they write to the company, its consumer relations representative explains that "the contents of the ‘12- ounce' packages average 12.2 ounces and have a stan- dard deviation of 0.4 ounces. The amount of cereal will vary from one box to the next, and your sample is very small-this explains why your average weight could be just 11.5 ounces." If the spokesperson's information is correct, how unusual would it be for these students to get a sample mean as small as the one they obtained? Be sure to state any assumptions you have made in obtaining your answer.
Sylvestor Company issues 10%, five year bonds, on December 31, 2012, with a par value of $100,000 and semiannual interest payments. Use the following bond amortization table and prepare journal entries to record
towel enterprises issued 9 5-year 2000000 par value bonds that pay interest semiannually on october 1 and april 1. the
H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin.
a difference between actual costs and planned costsshould be investigated if the amount is exceptional. indicates that
1 purchase discounts lost should be a. added to the merchandise inventory account to determine the cost of inventory on
Implementation of an organizational ethics program - And Lockheed Martin has clearly allotted considerable resources to assuring their program is successful.
kelly company had cash receipts from customers in 2014 of 147400. cash payments for operating expenses were 97320.
stowers research issues bonds dated january 1 2011 that pay interest semiannually on june 30 and december 31. the bonds
Prepaid Insurance shows a balance of zero at September 30, but Insurance Expense shows a debit balance of $ 2,340, representing the cost of a three- year fire insurance policy that was purchased on September 1 of the current year. On August 31 of thi..
harris fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. at the beginning
Journalize the payment of the monthly wages, and record the payrolltaxes
to purchase a new car you borrow 25500. a car dealer offers a 5 year loan at the interest rate of 4 compounded
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