Given that a 95% confidence interval is (6.5, 12.5), we can state that there is a 95% probability that the true population mean is between 6.5 and 12.5

Indicate whether the statement is true or false

FALSE

Business

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If the market multiple is 20.24 and the P/E ratio of a company is 24.5, then the stock's relative P/E is

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