Receivable balances for Key West Company as of 20X1. Our team has already completed a thorough evaluation of the company’s internal control and we believe they are excellent. Therefore‚ the team has decided to use the Probability-proportionate-to-size sampling theory‚ (PPS). We have used PPS to find the evidence required to prove there has been no materially misstatement in Key West Company’s accounts receivable accounts. The financial cycle is the cycles of business transactions‚ which involve the processing
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5/2/13 Acceptance sampling - Wikipedia‚ the free encyclopedia Acceptance sampling From Wikipedia‚ the free encyclopedia Acceptance sampling uses statistical sampling to determine whether to accept or reject a production lot of material. It has been a common quality control technique used in industry and particularly the military for contracts and procurement. It is usually done as products leave the factory‚ or in some cases even within the factory. Most often a producer supplies a consumer
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standard error of your estimate? What is the sampling population for this study? Do you think this sampling procedure results in a representative sample of households with children? Why‚ or why not? Solution: This is a cluster sample because all the elements within the clusters are selected. (Example: All parents who attended selected clinics in the Chicago). The primary sampling unit (psu): Clinics in the Chicago. The secondary sampling unit (ssu): Households with guns (parents who
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MULTIPHASE SAMPLING Multiphase sampling is one of the probability sampling techniques that usually consist of two or more of both probability and non-probability techniques in choosing the target sample The researchers will going to use purposive sampling in the first step On the other hand‚ the researchers will use cluster sampling technique‚ a probability sampling technique to randomize the population. Simple randomization sampling can be done using fish bowl method to get the names of the
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the Solver tool in Microsoft Excel can be used to solve nonlinear systems of equations resulting from finite difference discretization of the governing equations for fluid dynamics and heat transfer. Students learning computational fluid dynamics and heat transfer for the first time typically spend an inordinate amount of time struggling with algorithm development and programming issues. The use of the visual presentation and automated solution capabilities of Excel can help bolster the student ’s
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THEME | AUTHOR 1 | AUTHOR 2 | AUTHOR 3 | AUTHOR 4 | AUTHOR 5 | AUTHOR 6 | Definition of Sampling | Tejero‚E.G.(2006)p.43Sampling affords all the members of the population an equal chance of being selected and becoming a part of the samples of the intended research. | David‚F.P (2005) p.95It is the representative portion of a population or some elements in a population that will represent the entire population. | Gill and Johnson(2002)p.101All surveys are concerned with identifying the ‘research
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The key is the use of statistically derived random sampling procedures. These ensure that survey results can be defended as statistically representative of the population. Surveys that do not follow these procedures can produce results that lead to misguided market research‚ strategic‚ or policy decisions. Any so-called "survey" in which no attempt is made to randomly select respondents‚ such as call-in readers’ or viewers’ "polls"‚ is likely to produce results that in no way reflect overall public
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Explain a sampling method that could be used in this case study: First of all‚ there are a few options for sampling methods in this case study of how the relief workers at disaster sites experience and cope with issues that surface. Considering that at the disaster sites “the medical teams are always over-worked‚ equipment is always misplaced and it is hard to deliverer food and medicine as the infrastructure is often broken down because of earthquakes” (line 7). The subjects of the
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Frist step ‚ collecting the data from Yahoo. Finance‚ and calculate the quarterly return by the formula (return of fourth mouth- the return of frist mouth)/ retrun og first mouth Question a Average quarterly return= average (all returns of one asset) Standard deviations= stdeva (all returns of one asset) Question b and c File—options—add-ins—solver add in--go‚ and click all the options‚ then using the data analysis‚ choosing correlation (covariance)‚ then selecting all the returns of all
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Case study #1 1. Prepare a variable- costing income statement to determine the profitability of the Costco opportunity. Costco Wholesale Corporation Variable-costing Income Statement For two months Volume level 30‚000 45‚000 60‚000 Sales @ $4.25 per pound $127‚500.00 $191‚250.00 $255‚000.00 Less: Variable expenses: Salmon fillet cost @ $3/pound $90‚000.00 $135‚000.00 $180‚000.00 Repackaging labor @ $9/hour‚ repackage 75 pound/ hour $3‚600.00 $5‚400
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