Statistics for Management and Economics Web Quizzing Chapter 12

Statistics for Management and Economics Web Quizzing Chapter 12 for $3 Only (Instant Download)

Free Sample Answer Given Below

WebQuizzing – Ch. 12

Book ISBN-10 0538477490

Book ISBN-13 9780538477499

Author: Gerald Keller

Title: Statistics for Management and Economics

Ed:  9e

  1. The expected value of the difference of two sample means equals the difference of the corresponding population means when:
  • the populations are normally distributed.
  • the samples are independent.
  • the populations are approximately normal and the sample sizes are large.
  • All of these choices are true.
  1. In testing the difference between the means of two normally distributed populations, the number of degrees of freedom associated with the unequal-variances t-test statistic usually results in a non-integer number. It is recommended that you:
  • round to the nearest integer.
  • change the sample sizes until the number of degrees of freedom becomes an integer.
  • assume that the population variances are equal, and then use df =.
  • None of these choices.

FINC 331 Finance for the Non financial Manager Quiz 1 Answers

FINC 331 Finance for the Non financial Manager Quiz 1 Answers for $15 OnlyFINC 331 Finance for the Non financial Manager Quiz 1 Answers

  1. Which of the following is a responsibility of a financial manager?
  2. Which of the following should you consider when choosing an organizational structure for a business?
  3. Which of the following is NOT a step in constructing a multi-step income statement?
  4. Which of the following is the correct definition of the accounting equation?
  5. Which of the following is NOT a correct way of calculating a liquidity ratio?
  6. Which of the following is NOT a way to calculate the debt to equity ratio?
  7. Which of the following is NOT information used to calculate an asset’s book value?
  8. Which of the following is NOT a component of the Cash Flow Statement?
  9. A company had $5,000,000 in total revenues for its fiscal year. Its expenses for the year were $3,500,000. Its total assets were $12,500,000. What is the company’s return on assets for the fiscal year?
  10. A business begins its fiscal year with $10,000,000 in total assets. During the year it has net sales revenue of $45,000,000. At the end of the year it has $8,000,000 in total assets. What is its total assets turnover ratio?
  11. A company has $100,00 in cash, $300,000 in accounts receivable, $50,000 in inventory and a $300,000 office building. Its current liabilities are $250,000. What is the company’s current ratio, and does that ratio good short-term financial strength?
  12. Suppose that a public corporation has a total market value (according to its stock price and number of shares outstanding) of $500 million. If its current net income is $10 per share and it has 1 million shares outstanding, what is the value of its P/E ratio?
  13. Which of the following statements correctly defines a component of Cost of Goods Sold?
  14. A company wants to have $5 million in sales with $1 million in profit. It will have fixed costs of $3 million. Each unit of its product sells for $20. How much contribution per unit must the company have to meet its goals?
  15. A company wants to increase the amount of time in its disbursement cycle. Which of the following is a valid way to do that?
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Answer of Multiple Choice Quiz

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1. As the required rate of return is increased, the:

PV decreases, FV decreases

PV decreases, FV increases

PV increases, FV decreases

PV increases, FV increases

2. Consider an 8-year loan with annual payments at 10%. If the loan amount is $250,000, compute the interest paid during the fifth year.
Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

STAT200 Week 6 Quiz

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1. A probability is a number p such that:
A. 0 < p < 1
B. 0 ≤ p ≤ 1
C. -1 < p < 1
D. -1 ≤ p ≤ 1
E. None of the above

02. The Complement rule states that the probability of an event not occurring is
A. equal to one minus the probability it will occur.
B. equal to one minus the probability it will not occur.
C. equal to 0.0
D.  equal to 1.0
E. None of the above

STAT 200 Week 7 Homework and Quiz 3

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Lane – Ch. 14

2. The formula for a regression equation is Y’ = 2X + 9.

a. What would be the predicted score for a person scoring 6 on X?

b. If someone’s predicted score was 14, what was this person’s score on X?

6. For the X,Y data below, compute:

a. r and determine if it is significantly different from zero.

b. the slope of the regression line and test if it differs significantly from zero.

c. the 95% confidence interval for the slope.

STAT 230 Week 8 Quiz 2

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Sample Answer Given Below

1. A pollster selected 3 of 8 available people. How many different groups of 3 are possible?10%
2. Your firm has a contract to make 2000 staff uniforms for a fast –food retailer. The heights of the staff are normally distributed with a mean of 70 inches and a standard deviation of 3 inches. What percentage of uniforms will have to fit staff shorter than 67inches? What percentage will have to be suitable for staff taller than 76 inches.?
a) 16% & 2.5%
b) 68% & 95%
c) 32% & 5%

(15%)
3. The industry standards suggest that 10% of new vehicles require warranty service within the first year. A dealer sold 15 Nissans yesterday. Use equation for Binomial Probability for part a) and Table II for part b) & c). Show work!
a) What is the probability that none of these vehicles requires warranty service? Use the Binomial equation for P(X=0).
b) What is the probability that exactly one of these vehicles requires warranty service?
c) Determine the probability 2 or more of these vehicles require warranty service.
d) Compute the mean and std. dev. of this probability distribution.

NETW 589 Quiz Week 2

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(TCO B) Why do we need standards in telecommunications? What are the advantages and disadvantages?
(TCO B) What is the difference between de facto and de jure?
(TCO B) For United States standards, what are the top three organizations?
(TCO B) What is a link budget?

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BUSI 340 Quiz 4 Latest 2016

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Module/Week 4 — Decision Making and CreativityA marketing specialist needed to find a new way of marketing the company’s main product to its potential clients. While watching a movie one evening, the marketing specialist saw a scene that gave her inspiration for a new marketing plan. According to the creative process model, which of the following is the next stage in the creative process after such an inspiration?
A. PreparationB. IncubationC. VerificationD. InsightE. Morphological analysisDecision makers tend to rely on their implicit favorite when they:
A. select an appropriate decision style.B. evaluate decision alternatives sequentially.C. want to avoid escalation of commitment.D. want to make more creative decisions.E. have to make a selection from very limited alternatives.
The rational choice paradigm selects the choice with the highest utility through the calculation of:
Establishing a preset level at which the decision is abandoned or reevaluated is recommended mainly to:

ECO 450 Week 9 Quiz

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Question 1

A tax on interest income:

Answer

Question 2

Which of the following is true about comprehensive income?

Answer

Question 3

If the market supply curve of savings is upward sloping, a tax on interest income will:

Answer

Question 4

2 out of 2 points

Most empirical research indicates that the market supply curve of labor hours by prime-age males is:

Answer

Question 5

UMUC ECON 201 Quiz 1 and 2

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UMUC ECON 201 Quiz 1 and 2 (2015 ) 100% 

Question 1. Macroeconomic topics do not usually include:

a) the profit maximizing decisions of an individual manufacturer. (Sample Answer)

b) economic growth.

c) the rate of inflation.

d) the rate of unemployment.

Question 2. When nations desire a healthy macro economy, they typically focus on three goals, one of these being:

a) low inflation

b) balanced budget

c) prudent monetary policy

d) assuring competition between firms

Question 3. If macroeconomics looks at the economy as a whole, it focuses on which of the following?

a) the division of labor

b) households

c) business firms

d) unemployed people

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Following quizzes are available in the answer:

  1. MATH 110 Quiz 1
  2. MATH 110 Quiz 2
  3. MATH 110 Quiz 3
  4. MATH 110 Quiz 4

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UMUC ACC301 Quiz 3

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Question 1 (10 points):

Name two advantages and two disadvantages of using the corporation form of business.

Question 2 (10 points):

What is the difference between Common Stock and Preferred Stock? What are some of the advantages of owning Preferred Stock instead of Common Stock?

Question 3 (10 points)

Explain the difference between the declaration date, record date, and payment date in reference to dividends.

Question 4 (10 points)

On January 1, 20X5, Juan Silvia borrowed $500,000 to purchase a new office building. The loan is to be repaid in 2 equal annual payments, beginning December 31, 20X5. The annual interest rate on the loan is 9%.

UMUC ACC301 Quiz

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Question 1 (10 points):

What is the difference between FOB Shipping and FOB Destination? When determine the balance of inventory at the end of the year, why does it matter to know the shipping terms of in-transit inventory?

Accountants report a merchandiser’s and a manufacturer’srevenues only when a sale is made. FOB Shipping Point pretty much indicates that the sale occurred at the shipping point, at the seller’s shipping dock. FOB Destination indicates that the sale will occur only when it arrives at the destination, meaning at the buyer’s receiving dock.

In Accounting, we assume that the cost of transporting the goods corresponds to these terms. If the sale occurred at the shipping point (seller’s shipping dock), then the buyer should definitely take responsibility for the cost of transporting the Merchandise. (The buyer will record this cost as Freight-In or Transportation-In.) If the sale doesn’t occur until the goods reach the destination (terms are FOB Destination) that means that the seller should be responsible for transporting the goods until they reach the buyer’s unloading dock. (The seller will record the transportation cost as Freight-Out, Transportation-Out, or Delivery Expense.)

Question 2 (5 points):

Franklin Corporation began the accounting period with $60,000 of merchandise inventory, purchases during the year totaled $240,000, and a physical count of inventory of hand at the end of the period totaled $72,000. What was Franklin Corporation’s cost of goods sold for the period?

St. Leo MBA 560 Module 4 Quiz

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Sample Answer Given Below

St. Leo MBA 560 Module 4 Quiz

1.  

Recognize the liability and report it on the balance sheet.
Provide disclosure in the footnotes to the financial statements.
Report an allowance account on the balance sheet.
Do nothing.

2. How does the amortization of the principal balance affect the amount of interest expense recorded each succeeding year? (Points : 2)

Has no effect on interest expense each succeeding year
Increases the amount of interest expense each succeeding year
Reduces the amount of interest expense each succeeding year
The effect depends on the interest rate

3. Borrowing by issuing a note payable is a(n): (Points : 2)

asset source transaction. (Sample Answer)
asset use transaction.
asset exchange transaction.
claims exchange transaction.

MBA 560 Unit 2 Quiz

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1.During the month of March, Wang Company sold merchandise on account for $9,100. The merchandise had cost Wang $4,900. Which of the following represents the effects of this transaction on Wang s financial statements?
(Points : 2)

Row One
Row Two
Row Three
Row Four

2.What is the relationship between gross margin and net income? (Points : 2)
Gross Margin Merchandise Inventory at the end of the period = Net Income
Gross Margin Selling and Administrative Expenses = Net Income
Gross Margin + Selling and Administrative Expenses = Net income
Sales Revenue x Gross Margin Percentage= Net Income

Accounting Quiz 2 MCQs 2015

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Multiple choice (5 pts each) 

1) In a good internal control system, which of the following documents are required for proper approval of a payment to a supplier?

a) a journal entry, a supplier invoice, and a description of the goods being purchased

b) a receiving report, an invoice, and a purchase order (Sample  Answer)

c) a purchase order, a journal entry, and a price catalog

d) a supplier invoice, a bill of lading, and the supplier’s financial statements

2) In the following situation, which internal control procedure needs strengthening?

Immediate Accounting 550 Quiz 2015

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Which of the following statements is not an objective of financial reporting?

Under Sarbanes Oxley, the new law does not

Which of the following is an ingredient of relevance

Information is neutral if it

Which of the following is not a basic element of financial statements?

Which basic element of financial statements arises from peripheral or incidental transactions?

What is the quality of information that enables users to better forecast future operations?

Which of the following is a limitation of the balance sheet

The balance sheet contributes to financial reporting by providing a basis for all of the following except

The overriding criterion by which accounting information can be judged is that of

1 The basis for classifying assets as current or noncurrent is conversion to cash within

What is FASB Codification? Explain in detail

3 Perry’s selling expenses

4 Transformer’s ending balance of retained earnings

5 Calculating other comprehensive income

6 Particulars Debit Credit

7

8

9

10 Which of the following should be reported for capital stock

11 Which of the following is not a long-term investment?

12 Which of the following is not a basic assumption underlying the financial accounting structure

13 The current assets section of the balance sheet should include

14 In Hall’s December 31, 201x balance sheet, what is the current assets total

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FIN 534 Week 11 Quiz 10 NEW

FIN 534 Week 11 Quiz 10 NEW

1)Suppose DeGraw Corporation, a U.S. exporter, sold a solar heating station to a Japanese customer at a price of 143.5 million yen, when the exchange rate was 140 yen per dollar. In order to close the sale, DeGraw agreed to make the bill payable in yen, thus agreeing to take some exchange rate risk for the transaction. The terms were net 6 months. If the yen fell against the dollar such that one dollar would buy 154.4 yen when the invoice was paid, what dollar amount would DeGraw actually receive after it exchanged yen for U.S. dollars?

2)Suppose 144 yen could be purchased in the foreign exchange market for one U.S. dollar today. If the yen depreciates by 8.0% tomorrow, how many yen could one U.S. dollar buy tomorrow?

3)Suppose one British pound can purchase 1.82 U.S. dollars today in the foreign exchange market, and currency forecasters predict that the U.S. dollar will depreciate by 12.0% against the pound over the next 30 days. How many dollars will a pound buy in 30 days?

4)Suppose 6 months ago a Swiss investor bought a 6-month U.S. Treasury bill at a price of $9,708.74, with a maturity value of $10,000. The exchange rate at that time was 1.420 Swiss francs per dollar. Today, at maturity, the exchange rate is 1.324 Swiss francs per dollar. What is the annualized rate of return to the Swiss investor?