Point estimates that accurately represent population parameters are called outliers

Indicate whether the statement is true or false

FALSE

Business

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Buyer enters a paint store and tells the clerk that she needs paint that will cover and stick to a

stucco wall. The seller tells her that brand X paint will do the trick. Buyer purchases brand X paint and paints her stucco wall, but three weeks later the paint peels off. This would be a breach of which kind of warranty? A) An express warranty B) Implied warranty of fitness for a particular purpose C) Implied warranty of no infringements D) Implied warranty of merchantability

Business

Another name for the lump sum cash flow that occurs when a bond matures is the:

A) face value. B) maturity value. C) par value. D) All of the above could be used to describe the cash flow in question.

Business