The t distribution should be used whenever the
A. sample size is less than 30.
B. sample standard deviation is used to estimate the population standard deviation.
C. population is not normally distributed.
D. population standard deviation is known.
Answer: B
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During 2010, Heckart Corporation had sales of $250,000, net income of $25,000, average total assets of $350,000, dividend payments of $17,500, net cash flows from operating activities of $26,000, purchases of plant assets of $37,500, and sales of plant assets of $45,000 . Cash flows to assets equals (Round amounts to one decimal place)
a. 13.0 percent. b. 10.4 percent. c. 8.7 percent. d. 7.4 percent.
Quality control places the primary responsibility for product or service quality on the provider
Indicate whether the statement is true or false
The primary law governing limited partnerships is the ________
A) Revised Uniform Partnership Act (RUPA) B) Uniform Partnership Act (UPA) C) Revised Uniform Limited Partnership Act (RULPA) D) Revised Limited Partnership Act (RLPA)
The production facility for ABC Manufacturing is located in a flood plain. Although the risk of flood is low, ABC's risk manager is concerned that a flood could damage the plant and equipment
He received bids on flood insurance from two insurance agents, but decided the cost of coverage was too high relative to the risk. So he did not purchase flood insurance. Which risk management technique is ABC using with respect to the risk of flood? A) active retention B) noninsurance transfer C) passive retention D) avoidance