Chapter 1 discusses 10 principles that form the foundation of personal finance. The principle stating that a person can expect to earn additional return for increasing his or her investment risk is the ________ principle
A) "risk and return go hand in hand"
B) "mind games, financial personality, and your money"
C) "nothing happens without a plan"
D) "the best protection is knowledge"
Answer: A
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For a study that consists of personal interviews with participants? (rather than mail or phone? surveys), explain why simple random sampling might be less practical than some other sampling methods.
A. A simple random sample could be influenced by selection biases. B. A simple random sample would be less practical for personal interviews because of travel costs? (unless the interviewees are paid to go to a central interviewing? location). C. A simple random sample requires selecting each person one at a time. D. A simple random sample does not work with personal interviews.
A simple electrical motor has three components: windings, armature, and housing. These three components have reliabilities of .97, .992, and .999. There is no possibility of redundant parts. The motor must have an overall reliability of at least 0
980, according to the product line manager who will use the motor as an input. What would you do to redesign the motor to meet this specification? Discuss, including a recalculation to meet the standard.
In Germany, the supervisory board of directors is responsible for representing government and shareholder interests
Indicate whether the statement is true or false
Which of the following statements about creating a username is incorrect?
a. A user name can contain up to 30 characters. b. A user name can contain the symbols _ , $, and #. c. A user name cannot contain numbers. d. A user name can contain upper-case letters.