A sample of 25 patients in a doctor's office showed that they had to wait an average of 35 minutes with a standard deviation of 10 minutes before they could see the doctor. Provide a 98% confidence interval estimate for the average waiting time of all the patients who visit this doctor. Assume the population of waiting times is normally distributed


30.016 to 39.984

Business

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Suppose Jack signs a contract to purchase a home from Jill, but Jill later refuses to transfer title to the home to Jack. Jack could force Jill to transfer title to the home by asking a court for an order of ________? A) injunctive law

B) specific performance. C) legal damages. D) substantive law.

Business

Which of the following are considered in the ratio analysis of a firm? I. profitability II. market share III. liquidity IV. leverage

A) I and II only B) I, III and IV only C) II and IV only D) I, II, III and IV

Business

A typical example of a forcing event is a(n)

a. mental breakdown. b. natural disaster. c. IRS audit. d. slow business year.

Business

A negative value of z indicates that

a. the number of standard deviations of an observation is to the right of the mean. b. the number of standard deviations of an observation is to the left of the mean. c. a mistake has been made in computations, since z cannot be negative. d. the data has a negative mean.

Business