A credit company has gathered information regarding the average amount (in $) owed by people under 30 years of age and by people over 30 years by taking independent random samples from both age groups. You are given the following information.
Under 30
Over 30
600
550
n200
300
?2361
400
?
Construct a 95% confidence interval for the difference between the population average amounts owed by the two age groups.
What will be an ideal response?
$46.528 to $53.472
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Martha died and by her will, specifically bequeathed, and the executor distributed, $20,000 cash and a $70,000 house to Harold. The distributions were made in a year in which the estate had $65,000 of DNI, all from taxable sources. The maximum Harold will be required to report as gross income as a result of these distributions is
A. $65,000. B. $20,000. C. $0. D. $70,000.
When Karley needed to improve her programming skills, she joined an online group of programmers who shared tips with one another about common programming problems. This is an example of how social media is used in ______.
A. recruitment and selection B. onboarding C. training and development D. performance management
How can the ACE process help a writer when submitting an online proposal?
What will be an ideal response?
______ groups consist of groups in which one or a few members are different on the dimension of interest.
A. Minority–majority B. Routine C. Homogeneous D. Heterogeneous