The standard deviation of a point estimator is the _____

a. standard error
b. sample statistic
c. point estimate
d. sampling error


a

Business

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There are three equally likely states of nature (High, Medium, and Low demand). If the large factory will post profits of $50,000, $25,000, and - $10,000 under these states of nature, respectively, what is the EMV of the factory?

A) $50,000 B) $25,000 C) $28,333.33 D) $21,666.67 E) $65,000

Business

Annette entered into a contract with a local truck dealer to have a new truck delivered to her daughter, Sue, as a graduation present. In this contract, Sue is:

A) an incidental beneficiary. B) a donee beneficiary. C) a creditor beneficiary. D) an assignor.

Business

West, an Indiana real estate broker, misrepresented to Zimmer that West was licensed in Kansas under the Kansas statute that regulates real estate brokers and requires all brokers to be licensed. Zimmer signed a contract agreeing to pay West a 5 percent commission for selling Zimmer's home in Kansas. West did not sign the contract. West sold Zimmer's home. If West sued Zimmer for nonpayment of

commission, Zimmer would be: a. Liable to West only for the value of services rendered. b. Liable to West for the full commission. c. Not liable to West for any amount because West did not sign the contract. d. Not liable to West for any amount because West violated the Kansas licensing requirements (5/92, Law, #25).

Business

In the United States in 2012, of those companies employing more than 200 workers that offer health care to those workers, about ________ percent of employees accept the coverage

a. 5 % b. 10 % c. 15 % d. 20 %

Business