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During the 2004 senatorial campaign in a large southwestern state, the issue of illegal immigration was a major issue. One of the candidates argued that illegal immigrants made use of educational and social services without having to pay property taxes. The other candidate pointed out that the cost of new homes in their state was 20 -30% less than the national average due to the low wages received by the large number of illegal immigrants working on new home construction. A random sample of 5,000 registered voters were asked the question, "Are illegal immigrants generally a benefit or a liability to the state's economy?" The results were 3,500 people responded "liability," 1,500 people responded "benefit," and 500 people responded "uncertain."
a. What is the population of interest?
b. What is the population from which the sample was selected?
c. Does the sample adequately represent the population?
d. If a second random sample of 5,000 registered voters was selected, would the results be nearly the same as the results obtained from the initial sample of 5,000 voters? Explain your answer.
Portland Forest Products Inc. has a cost of debt of 8%, the risk-free interest rate is 3.5% and the expected return on the market portfolio is 8.5%. Portland's effective tax rate is 30% and its optimal capital structure is 40% debt and 60% equ..
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One criticism not normally aimed at a balance sheet prepared using current accounting and reporting standards is
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sales 168042 variable costs 63987 total fixed expenses 75794 number units sold per year 63671. what is the contribution
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