THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 65

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
In a random sample of 150 large retailers,110 used regression as a method of forecasting.In an independent random sample of 180 small retailers,90 used regression as a method of forecasting.
-Find the margin of error for a 90% confidence interval.

• A)0.1453
• B)0.0482
• C)0.0854
• D)0.1792

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Definitions:

Managed-Floating System

A foreign exchange policy whereby a country's central bank intervenes to control its currency value within certain limits, while still allowing the currency value to fluctuate in response to market forces.

Current Account Deficit

A situation where a country's total imports of goods, services, and transfers exceed its total exports, indicating it is spending more on foreign trade than it is earning.

Exchange Rate

The value of one currency for the purpose of conversion to another, determining how much one currency is worth in terms of another.