Understanding the other party's personality traits can give you an edge in negotiations

Indicate whether the statement is true or false

True

Business

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Preparing a journal entry in proper form involves all the following except:

A. Listing all accounts debited before any credits. B. Computing the balances in accounts involved in the transaction. C. Indicating the date of the transaction. D. Providing a brief written explanation of the transaction.

Business

It is crucial that the variance of a production process be less than or equal to 25 . A sample of 22 is taken. The sample variance equaled 26

a. Construct a 90% confidence interval for the population variance. b. Construct a 90% confidence interval for the population standard deviation. c. State the null and alternative hypotheses to be tested. d. Compute the test statistic. e. The null hypothesis is to be tested at the 10% level of significance. Using the critical value approach, state the decision rule for the test. f. What do you conclude about the population variance?

Business