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Ohio Company provided the following information regarding its only product--ice skates.
Direct materials used $300,000Direct labor 80,000Fixed overhead 100,000Fixed selling and administrative costs 170,000Variable overhead 20,000Variable selling and administrative 90,000Selling unit price 99Units produced and sold 12,000
_____ is the total manufacturing cost if the absorption approach is used.
a $500,000b $360,000c $300,000d $280,000
According to Chebyshev's theorem, proportion of values from data set that is further than 2 standard deviations from the mean is at most?
(a) Consider a normal distribution with mean μ = 88. If 2% of the values lie below x = 50, find the standard deviation σ. (b) Consider a normal distribution with standard deviation σ = 15.6. If 10% of the values lie above x = 17.2, find the mean μ.
you are testing whether there is a significant difference in the proportions of college students and similar aged non college students having accidents during the two year period. Is this a one sample or two sample test?
Show that it satisfies the required condition for being a probability distribution.
Service A delivers the document with probability 0.9, Service B with probability 0.9 and Service C with probability 0.8. What is the probability that at least one copy of the document will be delivered on time?
Make a graph to visualize the problem and state, without doing the calculations, whether the p-value of the test
The CEO of the business has nothing better to do wheras measured the temperatures of 26 department managers 1 to 4 times every day to get a total of 123 measurements.
As part of their application for a loan to buy Lakeside Farm, a property they hope to develop as a bed-and-breakfast operation, the prospective owners have projected:
Compute fraction of the employees cost between $1,500 and $2,000 per year? Evaluate percent that didn't have any dental expense.
All but one of the following statements contain a blunder. Which one does not contain a blunder
Illustrate what amount of sales would be required to be a super savings club member. Elucidate amount of sales would be required to be a gold club status.
Let p1 = 100 and n1 = 500; and p2 = 200 with n2 = 500. Test whether there is a statistical difference between the two proportions at the 5% significance level.
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