If you compute an interval with a 99% confidence level, this means that 99% of sample means drawn from the population will be…

a. important
b. accurate
c. between the bounds
d. greater than zero


c. between the bounds

Business

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Location is the single most valuable economic indicator of potential for industrial products

Indicate whether the statement is true or false

Business

On January 1, Eastern College received $1,380,000 from its students for the spring semester that it recorded in Unearned Tuition and Fees. The term spans four months beginning on January 2 and the college spreads the revenue evenly over the months of the term. Assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on February 28?

A. $1,035,000. B. $980,000. C. $345,000. D. $1,380,000. E. $690,000.

Business

You just deposited $2,000 in a bank account that pays a 4.0% nominal interest rate, compounded quarterly. If you also add another $5,000 to the account one year (4 quarters) from now and another $7,500 to the account two years (8 quarters) from now, how much will be in the account three years (12 quarters) from now?

A. $15,472.46 B. $19,340.58 C. $11,604.35 D. $18,566.96 E. $14,234.67

Business

The interval labeled "D" in the diagram is:

A) production cycle. B) order receipt period. C) shipping lead time. D) inventory fill rate.

Business