A random sample of 81 children with working mothers showed that they were absent from school an average of 6 days per term with a standard deviation of 1.8 days. Provide a 95% confidence interval for the average number of days absent per term for all the children in the school.
What will be an ideal response?
5.602 to 6.398 days
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A common criticism of the marketing system is that intermediaries ________
A) are too few in number B) mark up prices beyond the value of their services C) provide only essential services D) undervalue their service costs E) are overly protective of manufacturers' interests
Explain what may constitute a material breach and list the relevant factors in determining if a material breach exists
Corbin, a partner in Doctors Medical Clinic, applies for a loan with Evermore Bank allegedly on Doctors' behalf but without the authorization of the other partners. Evermore knows that Corbin is not authorized to take out the loan. Corbin defaults on the loan. Liability for its unpaid amount is imposed on
A. Corbin and Doctors, jointly. B. Corbin only. C. Doctors only. D. Evermore only.
Wamsley Products, Inc., has a Transmitter Division that manufactures and sells a number of products, including a standard transmitter that could be used by another division in the company, the Remote Devices Division, in one of its products. Data concerning that transmitter appear below: Capacity in units 60,000Selling price to outside customers$64Variable cost per unit$27Fixed cost per unit (based on capacity)$17?The Remote Devices Division is currently purchasing 8,000 of these transmitters per year from an overseas supplier at a cost of $61 per transmitter.?Assume that the Transmitter Division is selling all of the transmitters it can produce to outside customers. What should be the minimum acceptable transfer price for the transmitters from the standpoint of the Transmitter
Division? A. $64 per unit B. $61 per unit C. $27 per unit D. $44 per unit