For a given confidence level and when?is known, the margin of error in a confidence interval estimate

A. ?varies from sample to sample of the same size.
B. ?is the same for all samples of the same size.
C. ?increases as the sample size increases.
D. ?is independent of sample size.


Answer: B

Business

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In the CAMELS rating system, which is used to assess the health of the banks, the letter C stands for

A. controls. B. currency reserves. C. capital adequacy. D. compliance with regulations.

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Giving out samples at a site such as a state fair, parade, or sporting event is:

A) direct sampling B) response sampling C) cross-ruff sampling D) selective sampling

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Which type of distribution means limiting distribution of a product to a single outlet in a particular region?

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Stratosphere Manufacturing Company sold plant assets at a gain of $205,000 less related taxes of $62,500 . Assuming the gain is not considered unusual or infrequent, Stratosphere's income statement for the period should report

a. a prior period adjustment net of applicable taxes, $142,500. b. an extraordinary item net of applicable taxes, $142,500. c. a gain of $205,000 and an increase in income tax expense of $62,500. d. operating income net of applicable taxes, $142,500.

Business