The Attorney General of the state of California wanted to study criminal law in Los Angeles last year. He randomly selected 46,000 criminal records from the population of 1.5 million convicts in Los Angeles last year. From this sample, he calculated the proportion of litigations, the average amount of money involved per litigation, and the proportion of litigations resulting in a conviction
These calculations are all examples of doing ____________________ statistics.
Fill in the blank(s) with correct word
descriptive
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Based on this information, the statement of partners' equity would show what amount as total capital for the partnership on December 31?
a. $216,000 b. $164,000 c. $308,000 d. $52,000
Dilly LLC, wants to make a profit of $30,000 . It has variable costs of $66 per unit and fixed costs of $20,000 . How much must it charge per unit if 5,000 units are sold?
a. $51 b. $36 c. $66 d. $76
A(n) _______ question requires the respondent to answer with more than one word.
Fill in the blank(s) with the appropriate word(s).
Cybertron Inc. was accused of deceptive pricing. Which of the following explains what most likely occurred?
A) Cybertron refused to advertise sale prices in the local paper. B) Cybertron sold only defective products at the advertised price. C) Cybertron advertised a large price reduction from a phony high retail list price. D) Cybertron misrepresented a product's features in an ad. E) Cybertron used misleading labeling.