The margin of error in an interval estimate of the population mean is a function of all of the following EXCEPT _____

a. level of significance
b. sample mean
c. sample size
d. variability of the population

b

Business

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On January 1, Year 1, Scores or Oars, Inc., borrowed $100,000 at 8%. The loan will be repaid with equal annual installment payments of $30,000 made on the last day of each year, which is the company's yearend. The first payment will include a debit to Notes Payable of $______.

a. 22000 b. 23000 c. 24000 d. 25000

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Bobcat Farms reported supplies expense of $2 million this year. The supplies account decreased by $200,000 during the year to an ending balance of $400,000. What was the cost of supplies of the Bobcat Farms purchased during the year?

a. $1.6 million b. $1.8 million c. $2.2 million d. $2.4 million

Business