According to your text, while in the midst of solving a statistical calculation, you should carry out all calculations to…

a. 1 decimal places
b. 2 decimal places
c. 6 decimal place
d. 10 decimal places


c. 6 decimal place

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Which of the following statements about the personal property replacement cost endorsement used with the homeowners policy is (are) true?

I. The damaged or destroyed property must be repaired or replaced, no matter the size of the loss. II. It is designed primarily for antiques and fine art. A) I only B) II only C) both I and II D) neither I nor II

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Which of the following is NOT true for the writer of a call option?

A) The maximum loss is unlimited. B) The maximum gain is unlimited. C) The gain or loss is equal to but of the opposite sign of the buyer of a call option. D) All of the above are true.

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Discuss the following advertising issues and determine whether the ads are ethical. a. Mrs. Butterworth's syrup has a label that states there is "Grade A Butter" in the syrup. The fine print on the label describes "0.4 percent butter" in the "syrup

product." b. Carnation Coffeemate Lite is advertised as having "50% LESS FAT." The claim is true but there is less than 0.5 grams of fat eliminated from Lite as compared to regular Coffeemate. It is important to understand that the average American consumes 100 grams of fat per day.

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A felony is generally defined as a crime that:

a. may be punished by more than a year in prison b. may be punished by the possibility of time in prison, not just a fine c. violates a federal statute punishable by up to life in prison d. is classified as a class A offense of a state or federal statute e. none of the other choices

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