Without any prior information on the height of Christmas trees, how would you go about determining the 95% confidence interval for the population mean height of three-year-old Christmas trees?
What will be an ideal response?
The sample standard deviation should be found from an initial random sample of 30 trees. This sample standard deviation should then be used to determine the proper sample size for further testing. The sample mean and sample standard deviation from the second (larger) sample should be used to calculate the 95% confidence interval.
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Gavin owns a 50% interest in London Partnership. His tax basis in his partnership interest at the beginning of the year was $20,000. His partnership Schedule K-1 showed the following: Ordinary business income$60,000 Share of partnership debt, beginning of year 10,000 Share of partnership debt, end of year 15,000 Calculate Gavin's tax basis in his partnership interest at the end of the year?
A. $95,000 B. $65,000 C. $75,000 D. $85,000
Lovey is a shareholder of Made-2-Order Manufacturing Corporation with preemptive rights. With these rights, Lovey can
a. buy a prorated share of a new issue of stock before other buyers. b. choose to have Made-2-Order act exclusively in a certain area. c. "preempt" managerial decisions that affect shareholders. d. sell a prorated share of a new issue of stock before other sellers.
?A core competency is something a firm does extremely well-sometimes so well that it gives the company an advantage over its competition.
Answer the following statement true (T) or false (F)
The United States buys automobiles from Japan and Germany and petroleum products from many OPEC nations. The United States thus engages in
A. dumping. B. tariffing. C. importing. D. exporting. E. deficit trading.