A probability distribution is bounded if there are values A and B such that:
a. A and B represent the 95% confidence interval
b. A and B are the mean and standard deviation, respectively
c. A and B are the mean and variance, respectively
d. no value can be less than A or greater than B
d
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Baxter displays emotional fitness on the job when he falls asleep for a few moments, yet keeps his eyes open
Indicate whether the statement is true or false.
Emerald, Inc., earned revenues of $69,000 and incurred expenses of $74,000. No dividends were declared. Which of the following statements is correct?
A) The entry to close Income Summary is the same regardless of a net income or a net loss. B) Retained Earnings will be debited for $5,000 and Income Summary will be credited for $5,000. C) The entries to close revenues and expenses will differ if there is a net loss. D) The entry to close Income Summary requires a debit to the Income Summary account.
Foreign outsourcing exposes a firm to the possibility _____.
A. that the firm will not be able to utilize its resources in profitable ways B. of an unexpected cash crunch C. of losses due to depreciation and obsolescence D. that the firm's intellectual property will be pirated or counterfeited