The average monthly electric bill of a random sample of 256 residents of a city is $111 with a standard deviation of $32.
?
a.Construct a 90% confidence interval for the mean monthly electric bills of all residents.b.Construct a 95% confidence interval for the mean monthly electric bills of all residents.
What will be an ideal response?
?
| a. | $107.71 to $114.29 |
| b. | $107.08 to $114.92 |
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Answer the following statements true (T) or false (F)
1. A transitory career path involves a series of alternating promotions and demotions. 2. Planning helps managers to cope with events that can be predicted but is not particularly helpful when conditions are uncertain. 3. Planning occurs only at the highest levels of an organization, being done by top managers. 4. Planning and strategic management derive from an organization's mission and vision about itself.
Carefully explain 'greenmail' as an anti-takeover tactic.
What will be an ideal response?
A company increased the selling price for its product from $1.00 to $1.20 a unit when total fixed costs increased from $400,00 . to $450,00 . and variable cost per unit remained unchanged. How would these changes affect the break-even point?
a. The break-even point in units would be increased. b. The break-even point in units would be decreased. c. The break-even point in units would remain unchanged. d. The effect cannot be determined from the information given.
Briefly compare a negotiator with a proself orientation with a negotiator who has a prosocial orientation.
What will be an ideal response?