Given a population in which the probability of success is p =0.20, if a sample of 500 items is taken, then calculate the probability the proportion of successes in the sample will be between 0.18 and 0.23
A) 0.7812
B) 0.8221
C) 0.9212
D) 0.6812
B
Business
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The rapid increase in the number of people who telecommute has created a booming small office/home office market in the United States
Indicate whether the statement is true or false
Business
Project A has an NPV of $20,000 and a PI of 1.2. Project B has an NPV of $10,000 and a PI of 1.3. Both projects have equal lives. Which project should be preferred if we are NOT concerned with capital rationing
(that is, we are NOT concerned with being short of funds)? A) We should prefer Project B since it has a higher PI. B) We should compute the EAA before we make any decision. C) We should prefer Project A since it has a higher NPV. D) We should prefer Project B if it has a higher IRR.
Business