In a local university, 10% of the students live in the dormitories. A random sample of 100 students is selected for a particular study

a. What is the probability that the sample proportion (the proportion living in the dormitories) is between 0.172 and 0.178?
b. What is the probability that the sample proportion (the proportion living in the dormitories) is greater than 0.025?


a. 0.0035
b. 0.0062

Business

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Which of the following best describes the crisis situations involving BP in 2005 and 2006?

A) Stockholders became enraged by the illegal trading of BP's upper level managers. B) The public learned about the improper behavior in the personal lives of BP executives. C) The products developed by BP were marketed despite knowledge of their potential harm. D) Political candidates supported by BP failed to pass significant environmental restrictions. E) Customers realized that their perception of BP as environmentally responsible did not match reality.

Business

EWPs are designed to use ___________________ to help employees.

A. health care costs B. education and training programs C. turnover D. absenteeism E. None of the above

Business

Even if you discuss your resignation in person with your supervisor, it is a good idea to document your resignation with a formal letter

Indicate whether the statement is true or false

Business

In a signed writing, Barb offered to sell her business to Tom for $50,000. In this same writing, Barb promised not to revoke the offer for 30 days in exchange for $500 paid by Tom. Under these facts:

a. The parties have entered into a legally enforceable quasi contract. b. The parties have entered into a legally enforceable right of first refusal. c. The parties have entered into a legally enforceable option contract. d. The parties have entered into a legally unenforceable future agreement.

Business