In Running a T Test for Dependent Means on a Group

question 81

Multiple Choice

In running a t test for dependent means on a group of individuals,how many individuals are there in the group when the degree of freedom is 58?

• A)57
• B)58
• C)59
• D)60

---

Definitions:

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the expected (or standard) variable overhead based on activity levels.

Favorable

A term used in accounting and finance to describe outcomes or variances that are better than anticipated, indicating a positive performance against the budget or forecast.

Unfavorable

A term used to describe a variance or outcome that results in a worse financial position than expected or budgeted.

Labor Rate Variance

The difference between the actual labor costs incurred and the expected (or standard) labor costs, often due to paying a higher or lower wage rate than planned.