As a general rule, the normal distribution is used to approximate the sampling distribution of the sample proportion only if:

a. the sample size n is greater than or equal to 30.
b. the population proportion is close to 0.50.
c. the underlying population is normal.
d. n and n are both greater than or equal to 5.


D

Business

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An employee who describes the data she collected from six different plant managers without drawing any conclusions is preparing

A) an analytical report. B) an informational report. C) a proposal. D) a work plan. E) a justification report.

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Avani is nervous about the nature of how her employees use business gratuities. If her company is crafting a code of conduct, how should business gratuities be handled in that code?

a. Make it clear that it is never acceptable to provide or accept a gratuity. b. Offer clear examples of when it is acceptable to provide or accept a gratuity. c. Make it clear that exchange of gratuities should remain confidential. d. Make it clear that gratuities and bribes are synonymous.

Business

Which of the following is NOT correct?

a. The after-tax cost of debt for a firm with losses is equal to the interest rate on the debt. b. Firms always pay dividends on their common stock issues because of the ease with which common shareholders can assume control of the firm. c. Flotation costs for preferred stock are higher than for debt. d. Most debt is placed privately and thus there is no flotation cost.

Business

In deciding the optimal mix of products that use a constrained resource, it is important to determine the contribution margin per unit of scarce resource

Indicate whether the statement is true or false

Business