Which of the following tests is appropriate for nominal data if the problem objective is to compare two populations and there are exactly 2 categories?
a. The z-test for the difference of two proportions, p1 - p2.
b. The chi-squared test of a contingency table.
c. Both a and b.
d. None of these choices.
C
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Adam Smith's book, The Wealth of Nations, is a source of support for some elements of antitrust law.
Answer the following statement true (T) or false (F)
Arbitration differs from other forms of alternative dispute resolution in that a third party hearing a dispute makes a decision for the parties.
Answer the following statement true (T) or false (F)
The absorption costing income statement, when compared to the variable costing income statement will
a. differ in the income from operations line because of the different treatment of the fixed manufacturing costs. b. not differ in the income from operations line. c. differ in the income from operations line because of the difference caused solely by cost of goods sold. d. differ in the income from operations line because of the difference caused solely by selling and administrative expenses.
Which of the following is true for dollar cost averaging?
A) It allows us to purchase an unequal dollar amount of the same stock at equal time intervals. B) It allows us to purchase an equal dollar amount of the same stock at equal time intervals. C) It allows us to purchase an unequal dollar amount of a different stock at equal time intervals. D) It allows us to purchase an equal dollar amount of a different stock at equal time intervals.