When samples of size n are drawn from a population, then the sampling distribution of the sample mean is approximately normal, provided that n is reasonably large
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following types of competition can be defined as products or services that the customer views as fulfilling the same need?
A) product form competition B) product category competition C) generic competition D) budget competition
Answer the following statement(s) true (T) or false (F)
1. The three functions of money are: acceptability, divisibility, and portability. 2. In order to be useful as medium of exchange money should have the following characteristics: acceptability, divisibility, portability, durability, stability, and scarcity. 3. In order to serve as an effective medium of exchange there should be an unlimited supply of money. 4. The M1 supply of money includes time deposits and money market accounts. 5. Currency only represents about 30 percent of M1.
Identify the verb tense in this sentence: Miriam has lived in London since 2005
a. present b. present perfect c. past perfect
Joanne, Inc is evaluating two possible investments in depreciable plant assets
The company uses the straight-line method of depreciation. The following information is available: Investment A Investment B Initial capital investment $107,000 $159,000 Estimated useful life 10 years 10 years Estimated residual value 0 $26,000 Estimated annual net cash inflow for 10 years $28,000 $46,000 Required rate of return 10% 14% Calculate the payback period for Investment B. (Round your answer to two decimal places.) A) 3.46 years B) 1.94 years C) 2.89 years D) 3.82 years