Answer the following statement(s) true (T) or false (F)
1. If 30% of your population works at Plant A, 30% work at Plant B, and 40% work at Plant C, 60 people from Plant A and Plant B should be included in a stratified random sample.
2. It is difficult to use a true random sample in real-world settings.
3. When using convenience sampling, you can never be sure that your sample represents your population.
4. When n > 100, the sampling distribution will likely be normally distributed.
5. Larger sample sizes lead to smaller standard errors.
1.false
2.true
3.true
4.true
5.true
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Use the following information to answer the question below. When Langston Corporation was formed on January 1, 20x5, the corporate charter provided for 50,000 shares of $20 par value common stock. The following transactions were among those engaged in by the corporation during its first month of operation: 1. The corporation issued 200 shares of stock to its lawyer in full payment of the $5,000
bill for assisting the company in drawing up its articles of incorporation and filing the proper papers with the state agency. 2. The company issued 8,000 shares of stock at a price of $25 per share. 3. The company issued 8,000 shares of stock in exchange for equipment that had a fair market value of $160,000. The entry to record transaction 3 is: A) Equipment 160,000 Common Stock 160,000 B) Common Stock 160,000 Equipment 160,000 C) Additional Paid-in Capital 35,000 Equipment 125,000Common Stock 160,000 D) Cash 160,000 Equipment 160,000
A company is referred to as a diversified company or a conglomerate if it operates in
A) many related industries. B) many unrelated industries. C) many and varied locations throughout the world. D) one single major industry.
A business can be organized as a sole proprietorship, partnership, corporation, or limited-liability company (LLC)
Indicate whether the statement is true or false
Regarding the definition of disability,
A) it is the same for all disability policies. B) it varies from one disability policy to another. C) the same definition is used by the insurance industry and Social Security. D) the meaning can change over the life of your disability policy.