The inspection of cans of juice involves sampling some cans and weighing them. The overall average for the samples is 39 ounces. Each sample contains 36 cans
The standard deviation is estimated to be 2 ounces. The 99.7% lower control chart limit for the average would be
A) 37.67.
B) 38.00.
C) 39.33.
D) 40.00.
E) None of the above
B
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If the international terms of trade settles at a level that is between each country's opportunity cost,
a. there is no basis for gainful trade for either country. b. both countries gain from trade. c. only one country gains from trade. d. one country gains and the other country loses from trade.
Assets and liabilities with differing implications for financial flexibility should be reported together
Indicate whether the statement is true or false
Everything stated in a traditional summary must __________________
a. be cited in the bibliography b. be highlighted c. be approved for publication d. have been stated earlier in the document
A firm purchased goods on January 27 with a purchase price of $1,000 and credit terms of 2/10 net 30 EOM. The firm paid for these goods on February 9. The firm must pay ________ for the goods
A) $1,000 B) $980 C) $800 D) $900