Random samples of size 17 are taken from a population that has 200 elements, a mean of 36, and a standard deviation of 8. Which of the following best describes the form of the sampling distribution of the sample mean for this situation?
A. Approximately normal because the sample size is small relative to the population size
B. Approximately normal because of the central limit theorem
C. Exactly normal
D. None of these alternatives is correct.
Answer: D
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ABC Corporation is developing environmental policies regarding manufacturing in a developing nation. In developing these protocols, within the environmental protection standards of the global standards of conduct, ABC Corporation should:
A) Grant industrial property rights to local interests. B) Apply international standards of sustainability. C) Follow national laws within the host country with due regard to international standards of sustainability. D) Follow national laws in the host country. E) Not be involved in child labour.
Answer the following statements true (T) or false (F)
Information economics has relatively recently included agency theory assumptions in its analysis.
What ratio indicates the percentage of each sales dollar that is available to cover fixed costs and to provide a profit?
A) Margin of safety ratio B) Contribution margin ratio C) Costs and expenses ratio D) Profit ratio
When a company encases its product in a blister pack to protect the item, it is using the packaging to communicate its benefits.
Answer the following statement true (T) or false (F)