Last school year, the student body of a local university consisted of 30% freshmen, 24% sophomores, 26% juniors, and 20% seniors. A sample of 300 students taken from this year's student body showed the following number of students in each classification. Freshmen 83 Sophomores 68 Juniors 85 Seniors 64 We are interested in determining whether or not there has been a significant change in the
classifications between the last school year and this school year. The p-value is
a. less than .005.
b. between .025 and .05.
c. between .05 and .1.
d. greater than .1.
d
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Who among the following received an individual incentive?
(a) Heather earned a $5,000 bonus for meeting her sales goal in the first quarter. (b) Sumit and his colleagues were offered to buy a share of their company's stock at a reduced price. (c) Everyone on Tony's team received a gift card worth $50 for producing the most number of error-free parts in the previous month. (d) Gina, Tanu, and Ritu earned $400 each above their salary after successfully completing a team project.
In a process costing system, costs can be controlled with the aid of a production cost report
Indicate whether the statement is true or false