A statistics teacher started class one day by drawing the names of 10 students out of a hat and asked them to do as many pushups as they could. The 10 randomly selected students averaged 15 pushups per person with a standard deviation of 9 pushups. Suppose the distribution of the population of number of pushups that can be done is approximately normal. If we would like to capture the population mean with 95% confidence the margin of error would be
?
A. 
B. 
C. 
D. 
Answer: C
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A warehouse manager needs to simulate the demand placed on a product that does not fit standard models. The concept being measured is "demand during lead time," where both lead time and daily demand are variable
The historical record for this product suggests the following probability distribution. Convert this distribution into random number intervals. Demand during lead time Probability 100 .02 120 .15 140 .25 160 .15 180 .13 200 .30
The debt ratio of Jackson's Shoes is .9 and the debt ratio of Billy's Catering is 1.0. Based on this information, an investor can conclude:
A. Billy's Catering has a lower risk from its financial leverage. B. Billy's Catering has the exact same dollar amount of total liabilities and total assets. C. Jackson's Shoes has less equity per dollar of assets than Billy's Catering. D. Billy's Catering finances a relatively lower portion of its assets with liabilities than Jackson's Shoes. E. Jackson's Shoes has a higher risk from its financial leverage.
Only personal property, not real property or persons, can be the subject of a bailment.?
Indicate whether the statement is true or false
Judith is a CPA with an excellent reputation and client base. She sells her tax preparation business to Shawn, and the sales contract includes a non-compete clause restricting Judith from opening a similar business for one year within a 10-mile radius of her former office. If she opens a tax preparation office five miles away after one year, a court would probably
A. grant an injunction barring her from operating the new office. B. order confiscation of all of her new client files and turn them over to Shawn. C. refuse to become involved, as the non-compete clause was illegal. D. refuse to enforce the non-compete clause, as it is unreasonable regarding time and geographic area.