Which of the following is included in the empirical rules?
A) Approximately 59% of the observations will fall within two standard deviations of the mean, or within x ± 2s.
B) Approximately 68% of the observations will fall within one standard deviation of the mean, or between x - s and x + s.
C) Approximately 89% of the observations will fall within three standard deviations of the mean, or within x ± 3s.
D) Approximately 28% of the observations will fall within three standard deviations of the mean, or within x ± 3s.
B
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If the excess reserves held by banks increase, the money multiplier is likely to
A. rise. B. fall. C. remain unchanged. D. rise at first, then decline later.
If a person has been discriminated by the government on the basis of the fact that he or she is an illegitimate child, the regulation will be evaluated under ________.
A. rational basis analysis B. strict scrutiny analysis C. intermediate scrutiny analysis D. the Takings Clause
Moskowitz Corporation has provided the following data for its two most recent years of operation: Selling price per unit$91 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$13Direct labor$7Variable manufacturing overhead$3Fixed manufacturing overhead per year$480,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$6Fixed selling and administrative expense per year$84,000 Year 1Year 2Units in beginning inventory03,000Units produced during the year12,00010,000Units sold during the year9,00010,000Units in ending inventory3,0003,000 The unit product cost under variable costing in Year 1 is closest to:
A. $63.00 B. $23.00 C. $69.00 D. $29.00
A decline in the number of young people joining the workforce and an increase in the number of active employees who are postponing retirement are examples of ________ forces affecting the workforce.
A. demographic B. terminal C. geopolitical D. instrumental E. ethnographic