In surveying a simple random sample of 1000 assistant professors, we found that 573 of them felt they were underpaid by at least $3500 . Based on these results, we have a 90% confidence that the proportion of the population of assistant professors who

share this sentiment is between .548 and .598. Identify the accuracy of the sample result. The sample proportion would not differ from the actual population proportion by more than:


0.025

Business

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A fixed asset with a cost of $52,000 and accumulated depreciation of $47,500 is traded for a similar asset priced at $60,000 (fair market value) in a transaction with commercial substance. Assuming a trade-in allowance of $5,000,at what cost will the new equipment be recorded in the books?

a. $60,500 b. $60,000 c. $54,000 d. $59,500

Business

The ______ discipline of human resource management encompasses employee education in organizations.

A. training and development B. employee relations C. staffing D. revenue

Business

Which of the following is an example of demographic information?

a. An individual's level of intelligence b. An individual's moral values c. An individual's hobbies d. An individual's age

Business

Blending problems usually require algebraic manipulation in order to write the LP in "standard form."

Indicate whether this statement is true or false.

Business