Category: genell

The image below represents FDR’s attempt to “court pack.” What point is the cartoonist trying to make?
a) Everyone loves FDR
b) FDR is our President so he knows what is best
c) If FDR packs the court there, it goes against the system of checks and balances
d) The Constitution is in the garbage

What is one of the major reasons there are concerns about the future of Social Security?
a) People are making less money now, so they are paying less into Social Security
b) The Social Security tax rate has decreased
c) People are living longer, therefore collecting Social Security longer
d) People can now being getting Social Security payments when they turn 50

Suppose you had been in charge of designing the study. What sample size would be needed to construct a margin of error of 2% with 95% confidence? Use the prior estimate of pâ=0.2 for this estimate.
a. n=2401
b. n=1537
c. n=16
d. n=1801
e. n>30

Which of the following pairs of hypotheses is the most appropriate for addressing this question?
a. H0: p=0.2
Ha: p<0.2 b. H0: p=0.2 Ha: pâ 0.2

c. H0: p=0.2 Ha: p>0.2
d. H0: p<0.2 Ha: p=0.2 e. H0: pâ 0.2 Ha: p=0.2 f. H0: p>0.2
Ha: p=0.2

Is there sufficient evidence to conclude that graduates from the top ten business programs perform better than other investment managers?
a. Yes. I rejected H0
b. Yes. I failed to reject H0
c. Yes. I accepted Ha
d. No. I rejected H0
e. No. I failed to reject H0
f. No. I failed to accept Ha