The economic policy of lowering tariffs and other barriers to encourage trade and investment is known as:

A. liberalization.
B. globalization.
C. capitalism.
D. multinationality.

Answer: A. liberalization.

Business

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The manager in charge of concessions at an NFL football stadium is interested in estimating the mean dollars that are spent per person attending the games

A pilot sample of n = 50 people has revealed a sample mean and standard deviation of $12.35 and $2.35 respectively. He wishes to estimate the population mean within ± $0.20 of the true mean and wishes to have a confidence level of 95 percent. Given this, he needs to sample an additional 481 people. Indicate whether the statement is true or false

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