Return on owner's equity is the ratio of net income to average owner's equity in the business
Indicate whether the statement is true or false
T
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E-check processing benefits include
A) reducing the float period and the number of checks that bounce because of insufficient funds. B) speeding the checkout process for consumers. C) improving the efficiency of the deposit process for merchants and financial institutions. D) all of the above.
Which of the following situations lends itself to cluster samples?
A. When it is difficult to develop a complete list of the population members. B. When the population members are widely dispersed. C. When selecting and collecting data from a simple random sample is too costly. D. All of these choices are true.
Managers often compare financial and accounting data with previous accounting periods and with competing firms.
Answer the following statement true (T) or false (F)
To apply the Wilcoxon rank sum test to determine whether the location of population 1 is different from the location of population 2, the samples must be:
a. larger than 30 c. drawn from normal populations. b. independent. d. drawn from matched pairs experiment.