Quantitative Analysis II Midterm
Just 15 multiple choice questions
5 Problems (One from chapter 11- 4 main learning objectives)
The first three learning objectives are important, the other three can just be read from the slides
Chapter 1: Managerial Accounting and the
Planning involves establishing goals and specifying how to achieve them.
Answering numerous questions
How many students do we need to hire?
What schools do we plan to
Chapter 2: Cost Terms, Concepts, and
General Cost Classifications
Most manufacturing companies divide this cost class into three parts: direct materials, direct labour, and
How to set up a Hypothesis Test
In actual practice, the status quo is set up as H0
If the claim is boastful then the claim is set up as H 1 (We apply the Missouri rule show me).
Remember, H1 has the burden of proof.
In problem solving, look for key words
Quantitative Analysis II
Chapter 10: One-Sample Tests of Hypothesis
Define a hypothesis
Explain the process of testing a hypothesis
Apply the six step procedure for testing a hypothesis
Distinguish between a one