Suppose We Have Two Binomial Populations Where the True Proportion

question 45

Multiple Choice

Suppose we have two binomial populations where the true proportion of success is .2 for the first population and .3 for the second population.We take an SRS of size 4 from the first population,and the number of successes is 3.We take an SRS of size 400 from the second population,and the number of successes is 200.What is the standard deviation of - .1?

• A).089
• B)-.011
• C).189
• D)None of the above

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Definitions:

Cost Ratio

A measure used to evaluate the efficiency and profitability of a company, calculated as the cost of goods sold divided by net sales.

Ending Inventory

The value of goods available for sale at the end of an accounting period, calculated for cost of goods sold and financial reporting purposes.

Retail Method

An accounting method used to estimate inventory value, calculated by adding the cost of goods purchased to the cost of the opening inventory and then subtracting the cost of goods sold.

Estimated Ending Inventory

A projection of the value of goods a company has available for sale at the end of an accounting period, based on calculations or formulas.