Fred and George Weasley are identical in every way. They even run identical businesses with identical costs and identical sales. The only difference between them is that Fred uses absorption costing and George uses variable costing. In 2009 both companies produced more inventory than they could sell. In 2010 both companies sold off all their excess inventory. Who had higher profits in each year

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money. msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach