The number of cell phone minutes used by high school seniors follows a normal distribution with a mean of 500 and a standard deviation of 50. What is the probability that a student uses fewer than 600 minutes?
A) 0
B) 0.023
C) 0.841
D) 0.977
E) None of the above
D
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In a 90%/10% split between two possible answers to a survey question, p times q becomes:
A) 9 B) 90 C) 900 D) 9,000 E) 0.090
Nonprofit organizations have a competitive advantage over for-profit organizations securing government contracts because ______.
A. government officials trust nonprofits more than for-profits B. public officials perceive for-profit organizations provide poorer services C. government officials no longer perceive for-profit organizations as creditworthy D. nonprofits are distancing themselves from relationships with for-profit organizations
A corporation has 50,000 shares of $25 par value stock outstanding that has a current market value of $150. If the corporation issues a 5-for-1 stock split, the market value of the stock will fall to approximately:
A) $25 B) no changed C) $5 D) $30
All of the following are asset exchange events except:
A. Cost of shipping goods to customers. B. Payment of production wages. C. Purchase of raw materials with cash. D. Use of raw materials in production.