Confidence intervals for the population mean µ and population proportion p _____ as the size of the sample increases.
A. become narrower
B. become wider
C. remain the same
D. get closer to 1.
Answer: A
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When a person whom a regulatory statute seeks to protect enters into an agreement in violation of the statute, the protected person:
A. is only allowed to enforce the agreement. B. cannot recover in quasi contract for benefits conferred on the other party. C. may either enforce the contract or recover any consideration he or she has parted with. D. cannot recover for any loss but may enforce the agreement.
When emailing a coworker to ask for her assistance on a project, which of the following constitutes a refutation you could include in your request, in anticipation of a possible objection?
A) I really need your help right now, as my department is short-staffed. B) I won't be able to complete my project if you don't help me. C) While this may sound time-consuming, I will only need one hour of your time. D) If you decide to help me, then you will have to spend more time at work to complete your own professional responsibilities. E) I don't think that I will be able to return the favor.
To acquire monopoly power in its market, Pure Plastics, Inc., sets its prices substantially below the normal costs of production. Under antitrust law, this is
A. a per se violation. B. a violation if its competitors make similar deals. C. a violation if it thereby acquires monopoly power. D. not a violation.
When developing countries began encouraging foreign investors and imports, companies like Black & Decker and Pillsbury offered a wide array of products to countries throughout the world. Because of enormous populations in developing countries, these companies predicted a potential for strong annual sales. However, in addition to total population, companies must not overlook _____ factors such as distribution of people within a country and household incomes.
A. demographic B. political C. cultural D. educational E. country resource