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Question - A manufacturer of chocolate candies uses machines to package candies as they move along a filling line. Although the packages are labeled as 8 ounces, the company wants the packages to contain a mean of 8.17 ounces so that virtually none of the packages contain less than 8 ounces. A sample of 50 packages is selected perodically, and the packaging process is stopped if there is evidence that the mean amount packaged is different from 8.17 ounces. Suppose that in a particular sample of 50 packages the mean amount dispensed is 8.159 ounces, with a sample standard deviation of 0.051 ounce.
a. Is there evidence that the population mean amount is different from *.17 ounces? (Use a 0.05 level of significance.)
b. Determine the p-value and interpret its meaning.
The adjusted trial balance of Pacific Scientific Corporation on December 31, 2016, the end of the company’s fiscal year, contained the following income statement items ($ in millions): Prepare a multiple-step income statement for 2016. Ignore EPS dis..
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Allowance for Doubtful Accounts - $5,000 for 2018 and 6,500 for 2019. Calculate the accounts receivable turnover ratio to one decimal place
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Currently there are 1.5 million shares outstanding. What will each current shareholder have to provide to purchase one share of this new offering?
What is their child and dependent care credit? Please show your calculations and explain. Be sure to consider any and all limitations on the credit allowed.
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