Al's Electric Service is an electric contracting company in Metro City. The owner of the company, Al Richards, posted a bond guaranteeing that all work performed by his company will comply with local building codes
This bond is an example of a
A) fiduciary bond.
B) license and permit bond.
C) contract bond.
D) judicial bond.
Answer: B
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Fortunately, when testing for differences, you will not need to be concerned whether to use the t or z test because:
a) the z is easier to calculate and to interpret and should always be used. b) the t is more widely known among statisticians and should always be used. c) assumptions of the z and t are minimal and are of concern only to statisticians. d) SPSS, and most statistical software packages, are programmed to use the correct statistic.
According to Table 11-3, there are five activities in a PERT project. If the normal distribution were used to find the probability of finishing this project in 24 weeks or fewer, what mean and variance would be used?
A) 20 and 4.222 B) 30 and 5.222 C) 20 and 5.222 D) 30 and 4.222 E) 22.667 and 1.111