Find the Weighted Estimate $\overline { \mathrm { p } }$

question 15

Multiple Choice

Find the weighted estimate, $\overline { \mathrm { p } }$ tto test the claim that $\mathrm { p } _ { 1 } \neq \mathrm { p } _ { 2 } \text {. Use } \alpha = 0.02$ Assume the samples are random and independent.
Sample statistics: $\mathrm { n } _ { 1 } = 1000 , \mathrm { x } _ { 1 } = 250 \text {, and } \mathrm { n } _ { 2 } = 1200 , \mathrm { x } _ { 2 } = 195$

• A)0.202
• B)0.789
• C)0.110
• D)0.138

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Definitions:

Manufacturing Overhead

All indirect costs related to the manufacturing process, including costs for utilities, rent, and maintenance, that are not directly tied to production.

Predetermined Overhead Rate

A rate used to allocate manufacturing overhead costs to products or job orders, calculated by dividing estimated overhead costs by an allocation base.

Machine-Hours

A measure of production time, representing the hours a machine is operated within a given period.

Direct Labor-Hours

A metric for quantifying the manual work done by employees on the production floor, correlating with the labor costs of manufacturing.