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This is coming from my professors study guide
A) 48 our of a random sample of 208 residents in NB township said they want a new park for a 90% confidence interval for the proportion of NB residents that want a new park
b) Suppose that prior to taking the sample you were told to find a 90% confidence interval for the proportion that want a park, and that it had to be +/- 3 points I.e +/- .03.prior to taking the sample you had no idea what the proportion p is how large of a sample would you need?
Suppose the growth rate of the firm's profits is 5%, the interest rate is 6%, and the current profits of the firm are $100 million dollars.
You work for a company interested in initiating a team leadership training program, and your plant manager has appointed.
Imagine you are planning to open a new café and need to better understand the local consumers. What sources of secondary data might you use
Some industries are dominated by women because women are more productive than men in those industries. For example, mushroom pickers tend to be women because their smaller hands don’t bruise the mushrooms. Often men are able to compete with women in ..
A consulting firm conducted a random survey of community residents, describing a planned riverside park and then asking each respondent the question: "What is the most that you would be willing to pay to have this park built along the river?" Do you ..
Discuss the importance of sales strategies and give examples of some typical strategies that might be pursued. Indicate why it is important for the sales manager to determine effective strategies for his or her sales force.
John Cardinals has decided to purchase a house in Moncks Corner, SC. The price of the house is $ 80000 after a down payment of $ 20000. The Bank of America will finance the purchase for 25 years at 9%. Advise about which choice he should take and the..
In the production function Q = 10L1/2K1/2 calculate the slope of the isoquant when the entrepreneur is producing efficiently with 9 laborers and 16 units of capital. (Hint: The slope of the isoquant = the ratio of the marginal product of labor to the..
A monopolistically competitive firm faces the following demand curve for its product: The firm has total fixed costs of $20 and a constant marginal cost of $5 per unit.
Suppose you borrow $1,000 of principal that must be repaid at the end of two years, along with interest of 4 percent a year.
In Role of Government in Regulating Business Ethics and "Business Ethics: The Law of Rules, the authors seem to argue that overreaching laws and regulations do not facilitate ethical behavior, and indeed might have the opposite effect. Using these ar..
While Greece needs help, the German economy has also suffered major recession itself. As an advisor, how would you advise the chancellor: to bail out or kick out Greece? As a German taxpayer, are you willing to pay higher taxes to help Greece? What a..
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