Week 4 Confidence Intervals and Chi Square (Chs 11 - 12) For questions 3 and 4 below, be sure to list the null and alternate hypothesis statements. Use .05 for your significance level in making your decisions. For full credit, you need to also show the statistical outcomes - either the Excel test result or the calculations you performed. 1 Using our sample data, construct a 95% confidence interval for the population's mean salary for each gender. Interpret the results. How do they compare with the findings in the week 2 one sample t-test outcomes (Question 1)? Mean St error t value Low to High Males 52 3.555278 2.063899 44.66227 59.3377326 Females 38 3.658779 2.063899 30.44865 45.5513495 <Reminder: standard error is the sample standard deviation divided by the square root of the sample size.> Interpretation: Population mean salary for males will lie between 44.66 to 59.34 while for females will lie between 30.45 and 45.55. 2 Using our sample data, construct a 95% confidence interval for the mean salary difference between the genders in the population. How does this compare to the findings in week 2, question 2?
ACCT 504 Entire Course Accounting and Finance Managerial Use and Analysis
August 13, 2016
ACCT 504 Entire Course Accounting and Finance Managerial Use and Analysis in $52 only
ACCT 504 Week 1 , An Overview of Financial Statements and the Environment of Financial Reporting
What is GAAP? What is the purpose of GAAP?
What is the purpose of a Balance Sheet? What information does it provide?
ACCT 504 Week 2, The Accounting Information System and Accrual Accounting Concepts
What is the role of the accounting equation in the analysis of business transactions?
ACCT 504 Week 3, Merchandising Operations and Inventory – Discussions Questions
ACCT 504 Week 3, Case Study 1 Flower Landscaping Corporation – Discussions Questions
ACCT 504 Week 4, Internal Control, Cash and Receivables – Discussion Questions
ACCT 504 Week 4, Midterm Exam Answers
(TCO A, B, C) Which of the following statements concerning users of accounting information is incorrect?
(TCO C) Issuing shares of stock in exchange for cash is an example of a(n):
(TCO C) Which activities involve putting the resources of the business into action to generate a profit?
(TCO A) The cost of assets consumed or services used is also known as:
(TCO C) Edwards Company recorded the following cash transactions for the year:
Paid $45,000 for salaries.
Paid $20,000 to purchase office equipment.
Paid $5,000 for utilities.
Paid $2,000 in dividends.
Collected $75,000 from customers.
What was Edwards’ net cash provided by operating activities?
(TCO A) On a classified balance sheet, prepaid insurance is classified as:
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