To Compute the Necessary Sample Size for an Interval Estimate

question 24

Multiple Choice

To compute the necessary sample size for an interval estimate of a population mean, all of the following procedures are recommended when σ is unknown except​

• A) ​use the estimated σ from a previous study.
• B) ​use the sample standard deviation from a preliminary sample.
• C) ​use judgment or a best guess.
• D) use .5 as an estimate.

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Definitions:

Current Taxes Payable

This refers to the amount of taxes a company is obligated to pay to the government within the current fiscal year, not yet paid.

IRS

The Internal Revenue Service, a U.S. government agency responsible for the collection of taxes and enforcement of tax laws.

Reversing Temporary Difference

An accounting adjustment that reverses differences between tax and financial reporting over time.

Originating Temporary Difference

A difference that arises in a particular period between the book income and taxable income, which is expected to reverse in the future.