DrCho Wants to Know If Differences in the Growth Rate

question 25

Multiple Choice

Dr.Cho wants to know if differences in the growth rate of fish are based on genetics or the environment.He buys two fish.Fish 1 is fed everyday,while fish 2 is fed every other day.At the end of a month,fish 1 is nearly 15 percent larger than fish 2.Considering the fish have nearly identical genetic makeup,what can Dr.Cho conclude?

• A)Environmental changes can account for all the differences in growth rate.
• B)Genetic influences must account for a majority of the differences in growth rate.
• C)Environmental conditions were more favorable for fish 2.
• D)Differences in growth rate cannot be determined by his simple experiment.

Calculate a firm's sustainable and internal growth rates using accounting statements.

Identify and explain the time focus of financial planning.

Know the necessity of external financing when a firm anticipates strong sales growth.

Understand the components and importance of pro forma statements in financial planning.

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Definitions:

Standard Normal Random Variable

A random variable with a mean of 0 and a standard deviation of 1 under the normal distribution.

Probability

Refers to the degree of certainty associated with the occurrence of a specific outcome in a random event.

z

Often symbolizes the standard score in statistics, indicating how many standard deviations an element is from the mean.

Uniformly Distributed

A description of a distribution where all outcomes are equally likely, the probability distribution is constant.