Exhibit 11-4 When Individuals in a Sample of 150 Were Asked Whether

question 24

Multiple Choice

Exhibit 11-4
When individuals in a sample of 150 were asked whether or not they supported capital punishment, the following information was obtained.
We are interested in determining whether or not the opinions of the individuals (as to Yes, No, and No Opinion) are uniformly distributed.
-Refer to Exhibit 11-4. The conclusion of the test (at 95% confidence) is that the

• A)distribution is uniform
• B)distribution is not uniform
• C)test is inconclusive
• D)None of these alternatives is correct.

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Definitions:

Other Support Department

Units within an organization not directly involved in core operations but that provide essential services or support to primary operations departments.

Variable Costing

An accounting method in which variable costs are charged to cost units and fixed costs are treated as period costs, affecting profit calculation for the period.

Absorption Costing

A costing technique that incorporates all costs associated with manufacturing a product, including direct materials, direct labor, along with both variable and fixed overhead expenses.

Fixed Costs

Expenses that do not change in total amount with fluctuations in business activity level, such as rent, salaries, and insurance.