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2 years ago

The value of χ2α in a particular situation depends on

Business

1 answer:

scoundrel [369]2 years ago

6 0

Answer:

The number of degrees of freedom and the right-hand tail area α.

Explanation:

Chi Square Distribution

α is Significance level

If the p-value of hypothesis test < α , then we reject null hypothesis of the test.

So, α is basically a critical p-value which makes a rejection region in the right tail

Now, the statistic χ 2 also depends on the degrees of freedom

So, The value of χ2α in a particular situation depends on

the number of degrees of freedom and the right-hand tail area α.

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In a(n) ________, members eliminate internal trade barriers, adopt a common external policy toward nonmembers, and eliminate bar

JulijaS [17]

Answer:

A Common Market

Explanation:

A Common Market is the one where a group is created or established by countries within the area of geographical in order to encourage the duty free trade as well as the free labor movement and also the capital among the members. In the market, it imposes a common external tariff on the imports.

So, in this market, members eliminate the barriers of trade and adopt or follow the common policy.

7 0

2 years ago

Which of the following items is reported on the statement of cash flows under financing activities?a. Declaration of a cash divi

denpristay [2]

Answer:

B. Payment of cash dividend

Explanation:

Payment of stock dividend, declaration of cash dividend or stock split does not involve outflow of cash. Hence, they do not form part of cash flow statement.

A stock dividend is a dividend payment made in the form of additional shares rather than a cash payout.

5 0

2 years ago

Plessings Company leased a piece of machinery to Banana, Inc. on January 1, 2019. The lease is correctly classified as a sales−t

Stells [14]

Answer:

7.49%

Explanation:

n = Number of payment periods = 3

P = Total lease payment = Annual lease payment * Number of period = $20,700 * 3 = $62,100

FV = fair value of the machine = $50,000

Implicit rate = [($62,100 / $50,000)^(1 / 3)] - 1 = 0.0749, or 7.49%

3 0

2 years ago

Morataya Corporation has two manufacturing departments--Machining and Assembly. The company used the following data at the begin

Katena32 [7]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Total Estimated total machine-hours (MHs) 10,000

Estimated total fixed manufacturing overhead cost= $45,800

Total Estimated variable manufacturing overhead cost- per MH= $1.90 + $2.10= $4

To calculate the estimated manufacturing overhead rate we need to use the following formula:

<u>Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base</u>

<u>Estimated FIXED manufacturing overhead rate=</u> (45,800/10,000)= $4.58

7 0

2 years ago

At the beginning of the current period, Oriole Company had balances in Accounts Receivable of $191,500 and in Allowance for Doub

Dmitriy789 [7]

Answer:

The Journal entries are as follows:

(a) (i) Accounts receivable A/c Dr. $782,000

To sales revenue $782,000

(To record sales)

(ii) Cash A/c Dr. $697,920

To Accounts receivable $697,920

(To record receipt)

(b) Allowance for doubtful accounts Dr. $6,591

To Accounts receivable $6,591

(To record the write-off of uncollectible accounts)

To Allowance for doubtful accounts $2,948

(To reinstate account previously written off)

(ii) Cash A/c Dr. $2,948

To Accounts receivable $2,948

(To record receipt)

To Allowance for doubtful accounts $17,203

(To record bad debt expense for the period)

Ending balance in accounts receivables:

= Opening balance + sales on account during the period - Collection during the period - write off during the period

= $191,500 + $782,000 - $697,920 - $6,591

= $268,989

Allowance for doubtful accounts unadjusted balance:

= $9,840 + $2,948 - $6,591

= $6,197

Ending balance in Allowance for Doubtful Accounts = $23,400

7 0

2 years ago