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NEW QUESTION 21
A mutual fund manager believes that a new research method will provide better returns for clients. The manager's historical monthly return prior to the new research method was 0.46%. After the manager began using the new method the monthly return was 0.57%. After running a hypothesis test, the manager saw that the one sided p-value was 0.029. Assuming a 95% confidence level, which of the conclusions below would be correct?
Answer: B
NEW QUESTION 22
Managers at a fast food chain that employs mostly minimum wage workers learn that a new law may increase the minimum wage in the United States by 25 percent. Assuming demand for labor is NOT perfectly elastic, how will this affect the market outcome?
Answer: B
Explanation:
Topic 3, Financial Accounting
NEW QUESTION 23
For a standard normal distribution (=0, =1), the area under the curve to the left of 0.37 is 0.6443. What is the probability of getting a value less than -0.37 or greater than 0.37?
Answer: D
NEW QUESTION 24
Which of the following businesses is LEAST likely to locate its stores close to its competitors' stores?
Answer: A
NEW QUESTION 25
A high school teacher believes that the poverty rate in each U.S. state can be explained by the percentage of the population who do not have a high school diploma or equivalent. The teacher collects data from each of the 50 U.S. states; a portion of the data is given below.
Which of the following Excel dialog boxes correctly runs the regression described? A)
B)
C)
D)
Answer: D
NEW QUESTION 26
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