Assume that you have a binomial experiment with p = 0.4 and a sample size of 50 . The variance of this distribution is

a. 20.
b. 12.
c. 3.46.
d. 144.


b

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Last year, Mike bought 100 shares of Dallas Corporation common stock for $53 per share. During the year he received dividends of $1.45 per share. The stock is currently selling for $60 per share. What rate of return did Mike earn over the year?

A) 11.7 percent B) 13.2 percent C) 14.1 percent D) 15.9 percent

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Stable demand is usually called__________

A) static demand B) overfull demand C) unwholesome demand D) dynamic demand

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A cost-benefit analysis of an irrigation project shows that the ratio of the discounted present value of benefits to costs is less than one. This implies that:

a. the net benefit of the project is positive. b. the net benefit of the project is negative. c. efficiency can be attained by undertaking the project. d. the project will redistribute income to the poor.

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Which department makes the products that a company sells?

a. Research & Development b. Manufacturing c. Information Technology d. Grounds & Maintenance

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