Using an ? = 0.04 a confidence interval for a population proportion is determined to be 0.65 to 0.75 . If the level of significance is decreased, the interval for the population proportion
a. becomes narrower
b. becomes wider
c. does not change
d. remains the same
B
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You are considering two equally risky annuities, each of which pays $25,000 per year for 10 years. Investment ORD is an ordinary (or deferred) annuity, while Investment DUE is an annuity due. Which of the following statements is CORRECT?
A. If the going rate of interest decreases from 10% to 0%, the difference between the present value of ORD and the present value of DUE would remain constant. B. A rational investor would be willing to pay more for DUE than for ORD, so their market prices should differ. C. The present value of DUE exceeds the present value of ORD, while the future value of DUE is less than the future value of ORD. D. The present value of ORD exceeds the present value of DUE, and the future value of ORD also exceeds the future value of DUE. E. The present value of ORD exceeds the present value of DUE, while the future value of DUE exceeds the future value of ORD.
Which of the following scales is not a type of comparative scale (Figure 8.2 in the text)?
A) semantic differential B) constant sum C) Likert D) both A and C
A company had revenues of $61,500 and expenses of $47,000 for the accounting period. Dividends of $6750 were paid in cash during the same period. Which of the following entries could not be a closing entry?
A. Debit Income Summary $14,500; credit Retained earnings $14,500. B. Debit Revenues $61,500; credit Income Summary $61,500. C. Debit Retained earnings $6750, credit Dividends $6750. D. Debit Income Summary $47,000, credit Expenses $47,000. E. Debit Income Summary $61,500; credit Revenues $61,500.
When Chan realizes his liquor cabinet supply was devastated by last weekend's party, he first retrieves information from his memory about what types of liquor he and his friends like most and then asks the attractive clerk at the liquor store what she would recommend. Chan started with a(n) ____ search and then progressed to a(n) ____ search.
A. consideration; evaluative B. focused; broad C. internal; external D. routinized; extended E. self; inclusive