PART I. HYPOTHESIS TESTING PROBLEM 1 A certain brand of fluorescent light tube was advertised as having an effective life span before burning out of 4000 hours. A random sample of 84 bulbs was burned out with a mean illumination life span of 1870 hours and with a sample standard deviation of 90 hours. Construct a 95 confidence interval based on this sample and be sure to interpret this interval. Answer Since population standard deviation is unknown‚ t distribution can be used construct
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131 Chapter 9 Notes – Sentencing. Chapter Summary The text discusses several important aspects of sentencing in Chapter 9; it also describes five goals of contemporary sentencing: retribution‚ incapacitation‚ deterrence‚ rehabilitation‚ and restoration. Retribution corresponds to the just deserts model of sentencing and is best understood from the biblical reference to “eye for an eye‚ tooth for a tooth.” Incapacitation seeks to isolate offenders from society. Deterrence‚ both specific and general
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COURSE : ECONOMICS EXAMINATION : APRIL 2011 QUESTION 1 A) What is market equilibrium? With the aid of a diagram‚ explain how it is determined? (4marks) Answer: Market equilibrium is a situation in which the supply curve of an item is exactly equal to its demand curve. Since there is neither surplus nor shortage in the market‚ price tends to remain stable in this situation. Price D S E P S D 0 Q
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MBA 606 Final Exam Study Questions Fall‚ 2014 1. Describe the Competing Values Framework for understanding organizational culture. What are the two sets of competing values‚ and the four types of organizational culture described by this framework? 2. Describe the “Managerial Grid” approach to leadership. How has the managerial grid been used to help develop better leaders. 3. Define and describe organizational citizenship behavior (OCB). Provide 2 examples of OCB. Why does OCB occur? 4. What
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FIN 571 FINAL EXAM 1 http://www.finalexamguideline.com/FIN-571-FINAL-EXAM-1-19.htm 1) Occurs when a "follower" receives the benefit of an expenditure made by a "leader" by imitating the leader’s behavior. 2) Occurs when inaccurate information can falsely exist. 3) Refers to situations wherein the agent can take unseen actions for personal benefit even though such actions are costly to the principal. 4) The annual report refers to 5) Remaining maturity refers to: 6) Generally accepted accounting
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Grade Details 1. Question: The primary operating goal of a publicly-owned firm interested in serving its stockholders should be to _________. Your Answer: maximize its expected total corporate income maximize its expected EPS minimize the chances of losses maximize the stock price per share over the long run‚ which is the stock’s intrinsic value CORRECT maximize the stock price on a specific
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ACC 300 Final Exam Copy this link to your browser to download: http://www.finalexamguide.com/ACC-300-Final-Exam-2-151.htm The response to each question or statement is either True or False. 1. A business organized as a separate legal entity owned by stockholders is a partnership. 2. External users of accounting information are managers who plan‚ organize‚ and run a business. 3. Two primary external users of accounting information are investors and creditors. 4. Financing activities
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Michael Lioy Final Exam Managerial Economics 1. a. If consumers suddenly have more disposable income‚ they will be willing to spend more on an apartment. Prices will rise (outward shift of the demand curve) and there will be a higher equilibrium point with supply. b. Taxes have a negative effect on consumer spending and the demand of apartments (inward demand shift). There will also be a lower equilibrium price with the apartment supply. c. Assuming that we are using real world prices‚ $200
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In this pack of ACCT 212 Final Exam you will find the next information: 1. (TCO 3) At the end of the period it is necessary to close all temporary accounts. (1) Explain why this process is required (10 points) and (2) provide an example of the closing of an expense account‚ Supplies Expense in the form of a journal entry. 2. (TCO 2) As required to complete Course Project 1‚ one must follow the cycle that includes 10 steps to complete the accounting cycle. (1) Explain how to construct
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BUS 475 Final Exam Copy this link to your browser and download: http://www.finalexamguide.com/BUS-475-Final-Exam-3-227.htm 1) As Plant Controller‚ you are trying to determine which costs over which you have the most control on a day to day basis. Your goal is to achieve better profitability. The Plant Operations Manager suggests that overhead is the easiest area to directly reduce costs. Which of the following items would be classified as manufacturing overhead? 2) Managerial accounting __________
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