Random samples of size 81 are taken from an infinite population whose mean and standard deviation are 200 and 18, respectively. The distribution of the population is unknown. The mean and the standard error of the mean are

a. 200 and 18
b. 81 and 18
c. 9 and 2
d. 200 and 2


D

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In applying intraperiod income tax allocation to discontinued operations, other comprehensive income, retrospective adjustments, and prior period adjustments, what tax rate should be used?

A) expected future income tax rate B) average income tax rate C) marginal (incremental) income tax rate D) normal income tax rate

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Joan contributes cash of $48,000, and Jamie contributes office equipment that cost $40,000 but is valued at $32,000 to the formation of a new partnership. The entry to record the investments in the partnership is:

A) Cash 48,000 Equipment 40,000Capital, Joan 48,000Capital, Jamie 40,000 B) Cash 48,000 Equipment 32,000Capital, Joan 48,000Capital, Jamie 32,000 C) Cash 48,000 Equipment 40,000Loss 8,000Capital, Joan 48,000Capital, Jamie 48,000 D) Cash 48,000 Equipment 40,000Capital, Joan 48,000Capital, Jamie 32,000Loss, Jamie 8,000

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Intensive distribution means selling through

A. only those intermediaries that give the product special attention. B. only one intermediary in a particular geographic area. C. only one channel of distribution. D. all responsible and suitable retailers or wholesalers. E. all retail outlets.

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The difference between common and preferred stock is that the latter is a debt instrument, whereas the former represents an equity interest in the company

a. True b. False Indicate whether the statement is true or false

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