A random sample of 25 observations is selected from a normally distributed population. The sample variance is 10 . In the 95% confidence interval for the population variance, the upper limit is:
a. 19.353
b. 17.331
c. 17.110
d. 6.097
A
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The rise in the use of ambush marketing can be attributed to:
A) the increase in expenditures on sponsorships and the use of athletes as endorsers B) the increased usage of cause-related marketing C) a relaxation in ethical standards by society D) changes in regulatory policies of the Federal Trade Commission
Why might a retailer be interested in using the Census of Retail Trade, which classifies retailers according to the North American Industry Classification System (NAICS) codes?
What will be an ideal response?
Which of the following is not true about taking physical inventories?
A) Large variances may require investigations and implementation of corrective actions. B) Physical inventories are taken when inventory levels are at their lowest. C) Physical inventories deter employee thefts and inventory misuses. D) Physical inventories are taken when inventory levels are at their highest.
Which of the following statements is FALSE if you increase your monthly payment above the required loan payment?
A) The extra portion of the payment goes to the principal. B) You can significantly decrease the number of payments needed to pay off the loan. C) The extra portion of the payment increases the principal. D) Besides lowering the principal, you can significantly reduce the number of payments needed to pay off the loan.