A small stock brokerage firm wants to determine the average daily sales (in dollars) of stocks to their clients. A sample of the sales for 36 days revealed an average daily sales of $200,000. Assume that the standard deviation of the population is known to be $18,000.
a.Provide a 95% confidence interval estimate for the true average daily sales.b.Provide a 97% confidence interval estimate for the true average daily sales.
What will be an ideal response?
?
| a. | $194,120 to $205,880 |
| b. | $193,490 to $206,510 |
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An annuity is a series of equal payments occurring at equal intervals.
Answer the following statement true (T) or false (F)
On January 1 . 2014, Reason Co estimated a projected benefit of $440,000 based on a settlement rate of 1 . percent. Pension benefits paid to retirees totaled $60,000 . Service costs for 2014 amounted to $148,000 . The fair value of the plan assets were $350,000 and $400,000 on December 31 . 2013 . and December 31 . 2014, respectively. The projected benefit obligation at December 31 . 2014, was
a. $528,000. b. $580,800. c. $630,800. d. $640,800.
Identify and describe the two balancing sections of the statement of changes in financial position.
What will be an ideal response?
Jada has decided to implement weekly meetings between departments to discuss issues that occur cross-department. She also has implemented a worker morale program aimed at building teamwork. These are both events that even the most upper management will attend. Which of Deming’s 14 Points is Jada addressing?
A. Have Constancy of Purpose B. Embrace the New Philosophy C. Institute Leadership of People D. Break Down Barriers