A simple random sample of 144 observations was taken from a large population. The sample mean and the standard deviation were determined to be 1234 and 120 respectively. The standard error of the mean is
a. 1234±120.
b. 120.
c. 1440.
d. 10.
d
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Which of the following statements is true about the baby-boom generation?
A. They make up about 80 percent of the workforce in the United States. B. They were born during the Great Depression. C. They believe in rights to privacy, due process, and freedom of speech in the workplace. D. They are the "true digital natives" who rely heavily on smartphones to do their work.
When a firm's advertising says "Our motorcycles will outperform any other brand," it is using competitive advertising to develop selective demand.
Answer the following statement true (T) or false (F)
Jackie has been reading about international trade and that one nation has the ability to produce a specific product more efficiently than any other nation. She and her friend, Allie, are required to create a PowerPoint presentation for their business class about international trade. Jackie can create animated PowerPoint presentations that clearly and precisely convey the message they need to make, but in a light and entertaining fashion. She is not good at public speaking. Allie is an excellent public speaker and can create equally excellent PowerPoints. Both girls have homework for other classes to do and agree to divide the work-Jackie will create the PowerPoint and Allie will do the verbal and written part of the presentation. What advantage does Allie have over Jackie in making
presentations? A. Cooperative advantage B. Absolute advantage C. Comparative advantage D. Relative advantage
What are three examples of excluded fringe benefits?
What will be an ideal response?