A bank manager wants to determine the percent of time the bank's tellers are working and idle. He decides to use work sampling, and his initial estimate is that the tellers are idle 20% of the time

Approximately how many observations should be taken to be 95% confident that the results will not be more than 5% away from the true result?
A) 6
B) 16
C) 44
D) 210
E) 246


E

Business

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Indicate whether the statement is true or false

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Fish Farm Corporation purchases a new tract of land on which it is going to build new growing and holding tanks in order to expand its business. Which of the following costs would not be part of the cost of the land?

a. costs to run a title search b. costs of grading to level the land c. costs of tearing down an existing structure d. cost of the new holding tanks

Business

Which aspect of ethical climate is typified by the statement, “people are expected to comply with the law and professional standards over and above other considerations”?

A. caring B. instrumental C. independence D. law and code

Business

Enron Corporation filed for bankruptcy following a number of revelations about its accounting procedures. Enron used a complex structure of corporations and off-the-books debt to mask its true financial picture from the markets. When asked about the propriety of Enron's reporting methods, many analysts have responded, "They simply did what most corporations do." Their comments: A) reflect

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Business