How are inferential statistics most often used?

a.To infer to the quality of data collected
b.To organize and describe data
c.To make inferences from the sample to the population
d.To plot the data


ANS:C

Business

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?Consider a fixed-payment security that pays $100 at the end of every year for five years. If the annual rate of discount is 7 percent, the present value of the security is

A. ?$142.64. B. ?$410.02. C. ?$789.34. D. ?$999.63.

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An initial issue price equal to the face value of the bonds means that the implicit interest rate equals the _____

a. fair interest rate b. average interest rate c. future interest rate d. yield to maturity e. past interest rate

Business

Andrew sells organic fertilizers. He tells his prospect, "You have one of the best nurseries I have ever seen. I think my products will enhance it even more." What type of close is Andrew using here?

A. Forestalling B. Minor-points C. Compliment D. Assumptive E. Double-yes

Business

General partnerships do not pay federal income taxes

Indicate whether the statement is true or false

Business