Check That the Conditions Hold So That the Sampling Distribution

question 24

Multiple Choice

Check that the conditions hold so that the sampling distribution of the z-statistic will approximately follow the standard Normal distribution. Are the conditions satisfied? If not, choose the condition that is not satisfied.

• A)No the conditions are not satisfied; the researcher did not collect a random sample.
• B)Yes, the population of proportions can be assumed to be roughly symmetric.
• C)No, the population of interest is not large enough to assume independence.
• D)Yes, all the conditions are satisfied.

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Definitions:

Direct Method

A approach to cash flow statement preparation where actual cash receipts and payments are reported, instead of adjusting net income.

Operating Expenses

Costs associated with the day-to-day operations of a business, such as rent, utilities, and salaries.

Prepaid Expenses

Expenses paid in advance for goods or services to be received in the future.

Accrued Liabilities

Liabilities recorded on a company’s balance sheet for expenses that have been incurred but not yet paid.