The contents of a sample of 26 cans of apple juice showed a standard deviation of 0.06 ounce. We are interested in testing to determine whether the variance of the population is significantly more than .003 . The p-value for this test is _____

a. .05
b. greater than .10
c. less than .10
d. 1.96


b

Business

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Because the efficiency benefits of large retailers can be passed on to consumers in the form of lower prices and because a competitive market should drive out uncompetitive firms, there is no persuasive rationale for claiming that it is unethical and unfair to force smaller stores out of businesses by temporarily pricing products under cost.

Answer the following statement true (T) or false (F)

Business

The accumulation of a reserve consisting of excess payments above the mortality cost in the early years of a policy is necessary for the:

A) deferred annuity plan B) minimum reserve standard C) level-premium plan D) yearly renewable-term plan

Business

Which of the following statements regarding goods is most accurate?

A. To market a good that contains visual attributes, you cannot use an auditory medium. B. Some goods also have intangible attributes. C. The aroma of chocolate chip cookies is considered an idea because it affects one's senses. D. In order to be classified as a good, an item must appeal to all five senses. E. Music is not considered a good because it only involves a single sense - hearing.

Business

You may have to manage several aspects of an international meeting all the while maintaining the correct protocol, dealing with cultural differences, and dealing with a different language

Indicate whether the statement is true or false.

Business