Evaluate the sample size needed

Assignment Help Financial Accounting
Reference no: EM1310836

Finding the sample size of 95% level confidence.

A consumer group would like to estimate the average amount of PG&E bill for the month of March for single family homes in the San Francisco Bay Area. Based on studies conducted in other similar climate cities, the standard deviation is assumed to be $25. The group would like to estimate the average March bill to be with 5 of the population average with 95% level confidence.

Find the sample size needed.

a)     166

b)    97

c)     158

Reference no: EM1310836

Reviews

Write a Review

 

Financial Accounting Questions & Answers

  Example on inventory valuation

Example on Inventory Valuation

  Reliability of the data for making investment decision

Based on your review of the financial data for every company, show the accuracy and reliability of the data for making investment decision.

  Net-present-value method to analyze investments

What are the major risk factors that you see in this project?  b. As the controller and a management accountant, what is your responsibility to this project?  c. What do you recommend the CEO do?

  How much overhead should be applied to customer order

How much overhead should be applied to the above customer order? After executing activity-based costing (ABC), the company's accountant identified the subsequent related information:

  Net operating loss to be carried forward to future years

To what years will the 2008,2011 and 2012 net operating losses be carried back and after applying the total operating losses for 2008, 2011 and 2012 to prior years.

  Prepare a computer credit memo

Prepare a computer credit memo that reduces the customer's account balance by the same amount

  Compute diluted earnings per share

Compute diluted earnings per share, Earnings before interest and taxes and Common Stock

  Make the journal entries necessary to record

Make the journal entries necessary to record the transactions above using appropriate dates

  Prepare absorption and contribution margin income statements

Prepare absorption and contribution margin income statements for the succeeding quarter for the division. Compute production costs per unit for both approaches and for both quarters.

  Depict the regression line on your graph

Depict the regression line on your graph. Use your graph to calculate the regression line using the criteria of economic plausibility, goodness of fit as well as significance of the independent variable.

  How can you validate such a financial statement

4) Comment on the degree to which the statement of revenues, expenditures and other changes in fund balance captures the district's cost of services. How can you validate such a financial statement

  Evaluate the percentage change in sales and net cash flow

Evaluate the percentage change in sales and net cash flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd