Researchers determine that 60 Puffs tissues is the average number of tissues used during a cold. Suppose a random sample of 100 Puffs users yielded the following data on the number of tissues used during a cold: = 52 and s = 22 . Using the sample information provided, the value of the test statistic is:

a. t = (52 - 60) / 22 c. t = (52 - 60) / (22 / 1002)
b. t = (52 - 60) / (22 / 100) d. t = (52 - 60) / (22 / 10)


D

Business

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Which of the following statements is true about investments categorized as trading securities?

a. They are valued on the balance sheet at cost. b. They can consist of debt, but not equity, securities. c. They are purchased to be held to maturity. d. Changes in market value are reflected in net income.

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Market interest rate is another term for effective interest rate

Indicate whether the statement is true or false

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All available-for-sale (AFS) investments are reported on the balance sheet at ________

A) historical cost B) replacement cost C) current market value D) net realizable value

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Combining uncorrelated assets will

A) increase the overall risk level of a portfolio. B) decrease the overall risk level of a portfolio. C) not change the overall risk level of a portfolio. D) cause the other assets in the portfolio to become positively related.

Business