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1- What is a random sample? Name two ways to obtain a random sample?
2- In a Gallup poll of 1,059 randomly selected adults, 39% answered "yes" when asked "Do you have a gun in your home?" Identify the sample, population and variable. Find the statistic and assign a symbol to it. Also describe what the parameter would represent in this problem and assign a symbol to it.
3- A sample of 50 employees at a company is selected, and the average is found to be 37 years. Identify the sample, population and variable. Find the statistic and assign a symbol to it. Also describe what the parameter would represent in this problem and assign a symbol to it.
4- What is the difference between quantitative and qualitative data? Give an example for each that was not discussed in class.
5- Is the "number of freshman entering college in 2007" discrete or continuous? Explain
6-A marketing firm does a survey to find out how many people use a product. Of the one hundred people contacted, fifteen said they use the product. Is this an experiment or observational study? Explain
The auditor gives an audit opinion on the fair presentatation of the financial statements and associates his or her name with it when, on the basis of adequate evidence, the auditor concludes that the financial statements are unlikely to mislead:
The percent a company adds to its cost of sales to determine selling price is called a markup. What is Tootsie Roll'smarkup percent? Round to one decimal place.
Canoe Company uses a job order cost accounting system and allocates its overhead on the basis of direct labor costs. Canoe Company's production costs for the year were: direct labor, $30,000; direct materials, $50,000; and factory overhead applied..
Atlantic Video, a small video rental store in Philadelphia, is open 24 hours a day, and-due to its proximity to a major business school-experiences customers arriving around the clock. A recent analysis done by the store manager indicates that the..
On this date the company concludes that the equipment has a remaining useful life of two years with the same salvage value. Compute the revised annual depreciation.
in the month of june jose heberts beauty salon gave 4000 haircuts shampoos and permanents at an average price of 30.
What are several possible explanations for the markdown and slow sale of common waleth Edison's bonds?
An error was made by ABC Company in computing the percentage of completion of the current year's ending Work-in-Process Inventory. The error resulted in the assignment of a lower percentage of completion to each component of the inventory than act..
beginning inventory purchases and sales for item vx48 are as followsjuly 1 inventory 100 units at 88 sale 90 units15
A meeting of senior managers at the Pringly Division has been called to discuss the pricing strategy for a new product. Part of the discussion will focus on estimating sales for the new product.
Sam owes Bob $8,000. Bob cancels (forgives) the debt. The cancellation is not a gift, but Sam is insolvent. Which of the following statements is correct concerning the impact of this transaction?
jake marley owner of marley wholesale is negotiating with the bank for a 200000 90 -day 12 percent loan effective july
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