The p-chart would be useful when we

A) took a number of measurements and computed the average.
B) took a number of measurements and computed the ranges.
C) found the fraction of the production lot defective.
D) found the number of defective items in a production lot.
E) None of the above

C

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For an upcoming trip, Pat wants to buy Euros at the local bank when the current exchange rate quoted on OANDA.com was $1.563 per 1. What should Pat plan to pay for 1,000?

A. exactly $1,563 B. more than $1,563 C. about $640 D. less than $640

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In case of normal swings in the risk-free rate, option prices are not very sensitive to changes in the risk-free rate

Indicate whether this statement is true or false.

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