As a condition for making a home loan, a bank charged the seller 4 points on the loan amount. The bank immediately sold the loan to an insurance company at a discount of 3 1/2 points and received $34,790. The original amount of the loan was most nearly:

Sam is developing a media plan for a shoe company that just went national. What is his first step in developing the media plan?

A) identifying the target audience B) creating a media strategy C) determining the reach and frequency of the plan D) creating media objectives E) determining what media to use

The level of significance is the _____

a. maximum allowable probability of a Type II error b. maximum allowable probability of a Type I error c. same as the confidence coefficient d. same as the p-value