Since 1985, the daily temperature in Daytona Beach, Florida during spring break week has a mean of 74.6 degrees and a standard deviation of 2.2 degrees
Assuming that the distribution of temperatures is bell-shaped, how likely is it that the average daily temperature this year will be above 71 degrees? Explain.
The probability is higher than 95%. This means that 95% of the time, the temperature should be between 70.2 and 79.0.
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If the Bajorshiks' income does not exceed the phase-out level of $110,000 in 2014, by how much will the child tax credit reduce their tax liability?
A) Their tax liability will be reduced by $750. B) Their tax liability will be reduced by $2,000. C) Their tax liability will be reduced by $2,100. D) Their tax liability will be reduced by $3,000.
Because of the international diversification of cash flows, the risk of bankruptcy for MNEs is significantly lower than that for purely domestic firms
Indicate whether the statement is true or false.