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A Large Company Has Claimed That the Standard Deviation of the Monthly

question 41

Essay

A large company has claimed that the standard deviation of the monthly incomes of their employees is less than or equal to $120. To test their claim, a random sample of 76 employees of the company was taken; and it was determined that the standard deviation of their incomes was $135. At 90% confidence, test the company's claim.

Advise on theoretical issues associated with recording revenue in new business ventures.
Understand the components required for earnings per share (EPS) information on the income statement.
Compute basic earnings per share.
Analyze the impact of company actions (stock dividends, splits, reacquisition) on EPS.

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