Thirty-Six Months Were Randomly Sampled and the Discount Rate on New

question 26

Multiple Choice

Thirty-six months were randomly sampled and the discount rate on new issues of 91-day Treasury Bills was collected.The sample mean is 4.76% and the standard deviation is 171.21.What is the unbiased estimate for the mean of the population?

• A) 29312.86
• B) 13.0847
• C) 0.0476
• D) 4.76%
• E) 8.1496

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Definitions:

Union Election

A formal voting process where workers decide whether to be represented by a labor union or not in their workplace.

Taft-Hartley Act

A 1947 U.S. federal law that restricted the activities and power of labor unions, including outlawing closed shops and permitting states to pass right-to-work laws.

Right-to-Work Laws

Legislation that prohibits union security agreements, or agreements between employers and labor unions, that govern the extent to which an established union can require employees' membership, payment of union dues, or fees as a condition of employment.

Labor Unions

Organizations that represent the interests of employees in negotiations with employers over issues like wages, working conditions, and benefits.