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Week 4 know-how Check

 Essay on Week four knowledge Check

Week 4 Understanding Check

Principles

Mastery

Rating: 16/20

Queries

LEVEL OF INFO

MEASUREMENT

fully

1

ASSURANCE

INTERVAL FOR THE

IMPLY

100%

two

PROBABILITY GUIDELINES

100%

three or more

LINEAR

REGRESSION

PREDICTION

completely

4

INTERPRETING P

BENEFIT

100%

five

VISION

fully

6

EXTERIOR AND

INNER

ENVIRONMENTS

fully

7

0%

8

fully

9

IDEAL

CONTROL

0%

10

FINANCIAL

STATEMENTS

0%

11

totally

12

AIMS AND

GOALS

SOCIAL

RESPONSIBILITY

GAAP (GENERALLY

ACCEPTED

ACCOUNTING

PRINCIPLES)

"BALANCE SHEET"

100%

13

FIFO AND LIFO

totally

14

INTERNAL

CONTROLS

totally

15

DEVALUATION AND

AMORTIZATION

100%

16

CALCULATING

CURIOSITY EXPENSE

0%

17

DESIRED STOCK

VS COMMON

STOCK

100%

18

ANALYSES OF

FINANCIAL

STATEMENTS

100%

19

INTERNAL

CONTROLS AFTER

THE SARBANES

OXLEY ACT

fully

20

Principle: LEVEL OF INFO MEASUREMENT

Principles

Mastery

AMOUNT OF DATA

MEASUREMENT

100%

Concerns

1

1 )

A pret a manger restaurant demands customers to judge the drive-thru service nearly as good, average, or perhaps poor. What level of data measurement is classification?

A. Nominal

B. Ordinal

C. Interval

G. Ratio

Accurate!

The correct response is: M.

Concept: ASSURANCE INTERVAL TO GET THE MEAN

Concepts

SELF CONFIDENCE

INTERVAL INTENDED FOR

THE SUGGEST

Mastery

100%

Questions

two

2 .

In order to determine the regular amount put in in Nov on Amazon online. com a unique sample of 144 Amazon accounts had been

selected. The sample suggest amount put in in November was $250

with a regular deviation of $25. Let's assume that the population common deviation is usually unknown, what is a 95% confidence interval intended for the population mean amount spent on Amazon. com in Nov?

A. ($245. 88, $254. 12)

W. ($247. 47, $260. 09)

C. ($250. 64, $256. 92)

D. ($251. 34, $256. 22)

Correct!

The proper answer is definitely: A.

Principle: PROBABILITY RULES

Concepts

LIKELIHOOD

RULES

Competence

100%

Concerns

3

a few.

A shipment of twenty DVDs has arrived at a rental retail outlet. Based on past experience, the manager knows that 10% coming from all new Dvd disks sent to your local store have an obvious defect. The manager lets you know to begin checking the new DVDs one at a time at random until you find the first DVD that has a defect. In the event 10% from the DVDs have a visible defect in the fresh shipment, precisely what is the likelihood that the initial DVD which has a defect is the 3rd the one which you inspect? (Round your answer to 3 decimal areas. )

A.. 081

B.. 268

C.. 089

M.. 716

Correct!

The correct response is: A.

Concept: LINEAR REGRESSION CONJECTURE

Concepts

LINEAR

REGRESSION

PREDICTION

Mastery

fully

Questions

4

4.

A great insurance agent features selected an example of motorists that the girl insures in whose ages happen to be in the range between 16Гў42 years of age. For each new driver, she data the age of the driving force and the dollar amount of promises that the drivers filed in the earlier 12 months. A scatterplot displaying the amount of statements as the response variable and the age as the predictor reveals a linear regression range with: y^=3710 Гў fifty-five. 4x. In case the age of a driver raises by 12 months, by just how much and in what direction might the amount of promises be predicted to change to get the driver?

A. Increase by simply 55. 4 dollars

M. Decrease by simply 55. 4 dollars

C. Increase by 3710 dollars

D. Increase by three or more, 654. 6 dollars

Appropriate!

The correct response is: B.

Concept: INTERPRETATION P BENEFIT

Concepts

Mastery

INTERPRETING L

VALUE

100%

Questions

your five

5.

A researcher promises that the amount of personnel who enjoy video games at work is above it was a decade ago. You could be willing to reject the null hypothesis of no transform with a sama dengan 0. twelve or greater. The p-value for this test out is 0. 15. In cases like this the researcher should

A. not reject the null hypothesis

M. reject the null hypothesis

C. continue with further more testing for the reason that

result is inconclusive

Deb. change the...

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