Defects in marble countertops usually require the whole top to be reconstructed. In one kitchen shop, the percent defective in the past has been one percent. If a sample size of 30 is taken, what should the 95.5 percent upper control limit be?
A) 0.030
B) 0.000
C) 0.046
D) 0.064
E) None of the above
C
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Jane Thorpe has been offered a seven-year bond issued by Barone, Inc., at a price of 943.22. The bond has a coupon rate of 9 percent and pays the coupon semiannually. Similar bonds in the market will yield 10 percent today. Should she buy the bonds at the offered price?
A) Yes, the bond is worth more at $1,015. B) No, the bond is only worth $921. C) Yes, the bond is worth more at $951. D) No, the bond is only worth $912.
Market creators
A) save users money and time by processing online sales transactions. B) provide a digital environment where buyers and sellers can establish prices for products. C) create revenue by providing digital content over the Web. D) sell physical products directly to consumers or individual businesses. E) generate revenue from advertising or from directing buyers to sellers.