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A 95% confidence interval for the population proportion of adults that use a cell phone versus a land-line phone for their primary means of communication is 73.2% < p < 82.4%. Which answer choice best interprets the result of this confidence interval? You must explain why!
1. We are 95% confident that the true population proportion of adults who use a cell phone as their primary means of communication is between 73.2% and 82.4%
2. We are 5% confident that the true population proportion of adults who use a cell phone as their primary means of communication is between 73.2% and 82.4%
3. We are 95% confident that the true population proportion of adults who use a cell phone as their primary means of communication is less than 73.2%.
4. We are 5% confident that the true population proportion of adults who use a cell phone as their primary means of communication is greater than 82.4%
Albert, CEO of XYZ, Inc., desires to expand the company's sales through exports to three (3) foreign subsidiaries. Albert knows that the target subsidiaries are located in countries that require transactions to be denominated in the local currenci..
Discuss and explain the advantages and disadvantages of each of following programs in terms of complexity of application and protection in the event of a default:
research bank of america and access the companys web page on the internet to read their most recent annual report. the
Which of the following could be permitted as eligibility requirements for a qualified pension plan?
The U.S. has more lawyers per capita than any other country in the world. It is also among the richest countries in the world. Explain why these two facts may not be mere coincidence.
Made-It common stock currently sells for $22.50 per share. The company's executive anticipate a constant growth rate of 10 percent and an end-of-year dividend of $2.
What is the total book value of debt? (Do not round intermediate calculations
Pigeon Express currently plows back 40% of its earnings and earns a return of 20% on this investment. The dividend yield on the stock is 4%.
Drugs r us operates a mail order business. Company recieves average $325,000 payments per day. Average four days to recieve payment from time customer mails check tell firm recieves payment.
Calculate to the nearest 1% the rate of return on each of the four annuities Raina is considering. Given Raina's stated decision criterion, which annuity would you recommend?
Postulate an appropriate model for the random variable X representing the total number of FDIC-insured bank failures per year, and use this model to compute the probability of observing the number of failures reported in 1980.
discuss what valuable information would be lost if you decided to use book values in order to calculate the cost of
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