A simple random sample of size 64 is taken from a population of size 800 . The sample mean is determined to be 2,550 with a standard deviation of 500 . An estimate of the standard error of the mean (for the total) is
a. 62,500.50
b. 47,958.32
c. 7.8125
d. 50,000.00
b
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Which of the following statements regarding a 15-year (180-month) $225,000, fixed-rate mortgage is CORRECT? (Ignore taxes and transactions costs.)
A. The outstanding balance declines at a faster rate in the later years of the loan's life. B. The remaining balance after three years will be $125,000 less one third of the interest paid during the first three years. C. Because the outstanding balance declines over time, the monthly payments will also decline over time. D. Interest payments on the mortgage will increase steadily over time, but the total amount of each payment will remain constant. E. The proportion of the monthly payment that goes towards repayment of principal will be lower 10 years from now than it will be the first year.
What type of company would be likely to use the geographic sales force structure?
What will be an ideal response?
There are no precise rules to observe in establishing a sales routing and scheduling plan
Indicate whether the statement is true or false
What is part of a firm’s business environment?
a. Market environment b. Legal frameworks c. Institutional structures d. All of the above