Suppose there are 500 accounts in a population. You sample 50 of them and find a sample mean of $500 . What would be your estimate for the population total?
a. $5,000
b. $50,000
c. $250,000
d. $500,000
e. none of these choices
c
You might also like to view...
________ can be defined as a deeply held commitment to rebuy or repatronize a preferred product or service in the future despite situational influences and marketing efforts having the potential to cause switching behavior
A) Value proposition B) Loyalty C) Satisfaction D) Respect E) Customer value
Which of the following is a characteristic of a corporation?
a. When stockholders sell their shares, the corporation is dissolved. b. The stockholders have unlimited liability. c. Cash dividends paid by a corporation are taxable to shareholders. d. A corporation cannot own property in its name.
Which of the following is true of financing statements?
A) They cannot be electronically filed. B) They are effective for one year from the date of filing. C) They cannot be extended once they expire. D) They are available for review by the public.
The investment banker prefers to avoid a negotiated purchase because it tends to be the least
profitable arrangement for the investment banker. Indicate whether the statement is true or false