A random sample of 81 SAT scores of students applying for merit scholarships showed an average of 1400 with a standard deviation of 300. The t value needed to develop the 95% confidence interval for the population mean SAT score is

A. 1.96.
B. 1.998.
C. 1.645.
D. 1.28.


Answer: B

Business

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Opportunity cost is the benefit ________.

A) received by selling goods on behalf of another division B) received by selling goods to one of the other divisions within the company C) given up by purchasing goods at a price lower than its total manufacturing cost D) given up by choosing an alternate course of action

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Answer the following statements true (T) or false (F)

1. High-performing nonprofit organizations can have isolated impact. 2. McLaughlin writes that the models of service delivery are shifting from program innovation to program management. 3. A merger requires the total dissolution of one or more former organizations. 4. Ad hoc relationships are long term. 5. Volunteer emotions may be a deciding factor in a board of directors’ decision to merge with another organization.

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People from Hong Kong and the People’s Republic of China tend to score higher on the Machiavellian scale. This may be related to:

a. the higher power distance in the Chinese culture b. the higher level of collectivism c. the low-context culture

Business

Shareholders are responsible for determining how much will be paid in dividends

Indicate whether the statement is true or false

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