In a sample of 120 people, 50 indicated that they prefer domestic automobiles, 60 said they prefer foreign-made cars, and 10 indicated no difference in their preference. At a .05 level of significance, determine if there is evidence of a significant difference in the preferences for the two makes of automobiles. Hint: Use the continuity correction factor.
What will be an ideal response?
z = -.86; p-value = .3898; do not reject H0; no evidence of a significant difference in preference
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During a recession, a high-end beverage producer facing strong competition in a saturated market has decided to phase out all its flagship products and introduce a new line of second-label beverages at lower price points in reaction to its falling market share. Would this type of a reactive strategy revive its position? Why or why not?
What will be an ideal response?
A bill involved in a draft transaction is considered a note ________
A. if the drawer owes money to the drawee B. if the drawee is drawer's buyer C. if the drawee is a borrower of the drawer D. if the drawer has kept money with the drawee for safeguarding
Use the following selected information from Wheeler, LLC to determine the 2018 and 2017 trend percentages for net sales using 2017 as the base. 20182017Net sales$276,200 $231,400 Cost of goods sold 151,900 129,590 Operating expenses 55,240 53,240 Net earnings 27,820 19,820
A. 55.0% for 2018 and 56.0% for 2017. B. 36.4% for 2018 and 41.1% for 2017. C. 117.2% for 2018 and 100.0% for 2017. D. 65.1% for 2018 and 64.6% for 2017. E. 119.4% for 2018 and 100.0% for 2017.
Most defined-contribution plans allow some investment flexibility and allow you to choose all of the following except
A) money market funds. B) stock mutual funds. C) bond mutual funds. D) put and call options.