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How Do You Determine Whether to Use the Z or T

question 9

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How do you determine whether to use the z or t distribution in computing the margin of error, E=zα/2σn or E=tα/2sn?E = z _ { \alpha / 2 } \cdot \frac { \sigma } { \sqrt { n } } \text { or } E = t _ { \alpha / 2 } \cdot \frac { s } { \sqrt { n } } ?

Understand the role of standard cost systems in job order and process costing.
Understand factors contributing to variances and their interpretations.
Develop and analyze direct labor rates and hours for budgetary control and performance measurement.
Calculate and interpret standard cost and budgeted cost estimations for materials and labor.

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