A Bank Officer Wishes to Study How Many Customers Write

question 79

Multiple Choice

A bank officer wishes to study how many customers write bad checks.To accomplish this,the officer randomly selects a weekly sample of 100 checking accounts and records the number that wrote bad checks.The numbers of customers who wrote bad checks in 20 consecutive weekly samples of 100 account holders are,respectively,1,4,9,0,4,6,0,3,8,5,3,5,2,9,4,4,3,6,4,and 0.Find the appropriate center line.

• A).08
• B).01
• C).09
• D).04

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Definitions:

Market Value

The open market value at which a service or asset is available for trading.

Shares Outstanding

The total number of shares of stock that are currently owned by investors, including shares held by institutional investors and restricted shares owned by the company’s insiders.

Reverse Stock Split

A decrease in the number of a corporation's outstanding shares, which increases the share price proportionally.

Market Value

The cost at which you can currently buy or sell a service or asset in the open market.