For the three years from early 2002 to early 2005, the euro maintained a strong and steady rise in value against the U.S. dollar (USD). After a brief respite in 2005, the euro continued its climb against the USD into 2008
Which of the following were NOT a contributing factor in the assent of the euro and the decline in the dollar?
A) severe U.S. balance of payments deficits
B) a general weakening of the dollar after the attacks of September 11, 2001
C) large U.S. balance of payment surpluses
D) All of the above were contributing factors.
Answer: C
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Approximate the following binomial probabilities by the use of normal approximation. Twenty percent of students who finish high school do not go to college. What is the probability that in a sample of 80 high school students
a. exactly 10 will not go to college? b. 70 or more will go to college? c. fourteen or fewer will not go to college?
Which of the following is not one of the disadvantages of motor carrier over other modes of transportation? a. High cost
b. Limited to domestic or regional transportation. c. Very long lead times. d. Cannot be used for large volumes. e. None of the above.