A sample of 150 students at a state university was taken after the final business statistics exam to ask them whether spent more time working or studying the weekend before the final exam, and whether they did well or poorly on the final. The following table displays their responses.
Did Well in Exam
Did Poorly in Exam
Studied60
15
Worked22
53
Of those in the sample who spent more time working than studying the weekend before the final exam, what percentage of them did well in the exam?
What will be an ideal response?
22 out of 75, or 29.33%
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A rating of 11.5 means that 11.5 percent of all televisions in the United States are tuned into a particular program
Indicate whether the statement is true or false
The accountant for Busch Corp was preparing a bank reconciliation as of February 28, 2016 . The following items were identified: Busch's book balance $15,000 Outstanding checks 2,500 Service charge 15 Customer's NSF check returned by the bank 100 What amount will Busch report as its adjusted cash balance at February 28, 2016?
a. $12,385 b. $12,500 c. $14,885 d. $17,385
When a nation imports materials and other inputs for production duty free, its tariff policy generally results in
a. an effective tariff rate less than the nominal tariff rate. b. a nominal tariff rate less than the effective tariff rate. c. a rise in both nominal and effective tariff rates. d. a fall in both nominal and effective tariff rates.
Allyson Godwin plans on setting up a small business where she will offer quilting lessons, sell material and quilting kits that she will create, and market her own creations. Last year her quilting skills earned her $2,000
She estimates that quilting as a full-time business will earn $10,000 during her first year. She has budgeted five percent of her sales estimate to be spent on promotion. What promotion method is Godwin using? What are the advantages and disadvantages of this method?