The owner of torpid oaks b& b wanted to know the average distance its guests had traveled. a random sample of 16 guests showed a mean distance of 85 miles with a standard deviation of 32 miles. the 90 percent confidence interval (in miles) for the mean is approximately: a) (71.0,99.0)b) (71.8,98.2)c) (74.3,95.7)d) (68.7,103.2)

For each example identify the most appropriate ctso

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period

Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.