The lower limit of a confidence interval at the 95% level of confidence for the population proportion if a sample of size 200 had 40 successes is:
a. 0.2554.
b. 0.1446.
c. 0.2465.
d. 0.1535.
B
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The concept of reasonable assurance in the context of an entity's internal controls recognizes that:
A. the costs of some controls may be too high to implement in relation to potential benefits. B. proper internal controls guarantee that material misstatements will not occur. C. proper internal controls preclude fraud. D. auditors may fail to detect material misstatements.
Under the Federal Unemployment Tax Act, a payroll tax is levied on employers and employees for the purpose of financing the administration cost of the state unemployment compensation program
Indicate whether the statement is true or false
According to the example given in your text, Thomas Greenbaum, president of a market research company focusing on qualitative research, notes a disturbing trend in recent years in the focus group service sector
Some moderators of focus groups misrepresent their work to clients because their reports are actually written by ghostwriters who did not participate in the focus group sessions. Why does Greenbaum think using ghost writers is such a large problem?
Joint ventures are successful, however they can be risky. This is because joint ventures:
a. consist of partners who sometimes cannot agree on management policies. b. depend heavily on contract manufacturing. c. are void of government interference. d. are very different from licensing agreements.