A simple random sample of size 81 is taken from a population of size 800. The sample mean is determined to be 2,550 with a standard deviation of 500. An estimate of the standard error of the mean (for the total) is
A. 62,500.50
B. 42124.41
C. 52.67
D. 50,000.00
Answer: B
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Which of the following is true of the Glass-Steagall Act?
A. The act provides authority to the Federal Reserve to regulate bank holding companies and prevent them from branching out. B. The act enables banks to engage in more non-banking activities by operating subsidiaries. C. The act prohibits banks to own subsidiary firms that sold products other than banking services. D. The act encourages banks to meet the credit needs of their communities.
Because the only merchandise categories at the University Futon Shop are double-sized futons, the Futon Shop can be said to have no
A. product depth. B. variety. C. irregularity D. inventory control. E. need for customer service.
A team or committee can be more democratic than a single executive making a decision.
Answer the following statement true (T) or false (F)
Shareholders rely on CEOs to adopt policies and strategies that maximize the value of their shares. To motivate CEOs to maximize the value of their companies, boards of directors can consider all the following options except one. Which one is it?
A. Boards can require that the CEOs become substantial owners of company stock. B. Salaries can be structured to provide penalties for poor performance. C. Dismissal for poor performance is not an option. D. Salaries, bonuses, and stock options can be structures to provide rewards for superior performance.