The results of a recent poll on the preference of shoppers regarding two products are shown below.
Product
Shoppers Surveyed
Shoppers FavoringThis Product
A
800
560
B
900
612
?
The 95% confidence interval estimate for the difference between the populations favoring the products is
A. -.024 to .064.
B. .6 to .7.
C. -.024 to .7.
D. .046 to .066.
Answer: A
You might also like to view...
Cushion Sports accepted a credit card account receivable in exchange for $5,000 of services provided to a customer. The credit card company charges a 5% service charge. Recording the transaction in the company's accounting records will have what effect on the accounting equation?
a. Increase assets and equity by $4,750 b. Decrease assets and equity by $250 c. Increase assets by $5,000 d. Increase equity by $5,000
Investors who want to know the amount of cash a company has available for new opportunities, such as expanding into a new sales region, should analyze the company's ________.
A) free cash flow B) net cash flow from investing activities C) acid ratio D) earnings per share
The FASB and the IASB are reconsidering the role of uncertainty, or probability, in the definition, recognition, and measurement of liabilities. Existing recognition criteria include a probable future sacrifice of resources; one issue involves the minimum probability level to warrant recognition of an uncertain obligation as a liability. U.S. GAAP does not specify a minimum probability level,
although the rule-of-thumb in practice is approximately _____ percent. a. 50 b. 60 c. 70 d. 80 e. 90
If a company does not update the inventory and cost of goods sold accounts during the period, it means company is using:
A) the periodic inventory system. B) the perpetual inventory system. C) both the periodic and the perpetual inventory system. D) neither the periodic nor the perpetual inventory system.