Private employment agencies
A. commonly recruit candidates for vacancies on a temporary basis.
B. commonly assist employers with apprenticeship programs.
C. commonly specialize in providing services for a specific occupational area.
D. commonly provide services only to college students.
Answer: C
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An automobile dealer wants to see if there is a relationship between monthly sales and the interest rate. A random sample of 4 months was taken. The results of the sample are presented below. The estimated least squares regression equation is
= 75.061 - 6.254x
Monthly Sales (y) Interest Rate (In Percent) (x) 22 9.2 20 7.6 10 10.4 45 5.3 ? a.Obtain a measure of how well the estimated regression line fits the data.b.You want to test if there is a significant relationship between the interest rate and monthly sales at the 1% level of significance. State the null and alternative hypotheses.c.At the .01 level, use a t test to test the hypotheses.d.Construct a 99% confidence interval for the average monthly sales for all months with a 10% interest rate.e.Construct a 99% confidence interval for the monthly sales of one month with a 10% interest rate. What will be an ideal response?
Betty borrows $50,000 at 10 percent annually compounded interest to be repaid in four equal annual installments. The actual end of year loan payment is: (Round to the nearest whole dollar)
A) $10,774 B) $12,500 C) $14,340 D) $15,774
The Blaine Corporation is a highly automated manufacturer. At an activity level of 6,000 machine setups, total overhead costs equal $240,000. Of this amount, depreciation totals $80,000 (all fixed) and lubrication totals $72,000 (all variable). The remaining $88,000 of the total overhead cost consists of utility cost (mixed). At an activity level of 9,000 setups, utility cost totals $112,000.Assume that the relevant range includes all of the activity levels mentioned in this problem. If 7,800 setups are projected for the next period, total expected overhead cost would be closest to:
A. $156,000 B. $214,400 C. $236,000 D. $276,000
New owners of the Atlanta Falcons football team were concerned about declining attendance figures. As a result, Falcons staff set up kiosks at arena exits and asked attendees what would make the game day experience more fun. The management was gathering ________ measurements.
A. Basic B. Formal C. Soft D. Tangible E. Informal