The global recession and financial crisis that began in 2008 arose largely from inadequate regulation and insufficient enforcement of current regulations in the banking and finance sectors

A percentage can be used as the sample statistic for parameter estimation no matter what kind of variable – categorical or metric – is being used

Indicate whether the statement is true or false

A U.S. firm plans to shift from exporting to production in China to serve the Chinese market. Which of the following statements would best explain this decision?

A) China's currency is appreciating relative to the U.S. dollar. B) The firm is nearing capacity utilization in its U.S. plant. C) The company need not alter its products for the Chinese market. D) Transportation costs have become low relative to production costs.