Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. can u answer in terms of using excel, and showing

Can u answer in terms of using excel, and showing how u get it! ...

60.1K

Verified Solution

Question

Accounting

image

Can u answer in terms of using excel, and showing how u get it!

1. The EAI data has information on the annual incomes of managers and whether they have attended the training program or not. This data comprise all the 2500 managers that work for this organization. Using this information, address the following questions: a. Select a simple random sample of 150 managers and another of 250 managers and calculate the point estimates for the population mean, standard deviation, and proportion. b. How do the results you obtained for n=150 and n=250 compare to the population information? Can you make any conclusion out of this? Why and why not? What do you think will happen in the long run if you continue to take repeated samples for n=150, and n=250. c. The EAI data gives the annual salary of managers and also information on whether a manager had training or not. Use a sample size of n=150 to test if the mean annual income is equal to $52,000.00. d. Use the same sample in (c) to test if the proportion of managers that had training is 0.6

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

Let X~BIN(40,0.1). Let Y=max(0,x-3). FindE[Y].

Medical Sciences
1.2K views

Describe the pharmacological treatments detailing how the medications alter the underlying disease process ( ie less...

Biology
1.2K views

Do energy and nutrients (matter) behave similarly as they move through an ecosystem? Explain.

Civil Engineering
1.2K views

A wastewater plant with the activated sludge process received 5 × 106 L/day of wastewater with...

Basic Math
1.2K views

Perform the indicated multiplication and express the results in polar and rectangular forms 57 7e...

Algebra
1.2K views

Write the speed at each velocity Remember in physics and engineering speed is the absolute...

Accounting
1.2K views

Polar loc Cream usos amb ng cepartment and a freezing department in producing...

Accounting
1.2K views

Whiteheim's Restaurant in Leavenworth had an outstanding gift certificates liability at the end of 2018...

Accounting
1.2K views

Saturn, Inc. paid $ 12 comma 000 on accounts payable. How does this transaction affect...

Accounting
1.2K views

Their financial analyst has estimated that the cost for this route will be as follows:...

Accounting
1.2K views

Outdoor Equipment (OE) sells camping equipment. On December 1, the accounts receivable account had a...

Accounting
1.2K views

Summarize two of the accounting international standards, each of them includes: The international standard name,...