I Surveyed 48 Randomly-Selected Residents of the Apartment Complex Where

question 35

Multiple Choice

I surveyed 48 randomly-selected residents of the apartment complex where I live to determine their voting habits. I can only use this information to generalize to all the residents if________.

• A) there is evidence of a normal population distribution.
• B) the 48 residents all have the same voting habits.
• C) the 48 residents are equally divided in their voting habits.
• D) the sample distribution is not normal in shape.

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Definitions:

Straight-Line

A method of allocating the cost of a tangible asset over its useful life in equal yearly amounts.

Carrying Amount

The value at which an asset is recognized in the balance sheet after deducting accumulated depreciation and impairment losses.

Residual Value

The estimated value that an asset will realize upon its disposal at the end of its useful life.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was put into use.