A Parent Decides to Reward Her Child If He Eats

question 17

Multiple Choice

A parent decides to reward her child if he eats an average of at least five bites of his vegetables at dinner during the first week.She finds that her child ate 4 0.8 (M SD) bites per meal for the first week.Assuming these data are normally distributed,should this parent reward her child?

• A)Yes,because the z score for 5 bites is greater than 0.
• B)Yes,because the z score for 5 bites is less than 0.
• C)No,because the z score for 5 bites is greater than 0.
• D)No,because the z score for 5 bites is less than 0.

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Definitions:

Common Stock

Common stock represents ownership shares in a corporation, giving holders voting rights and potential dividends, but with lower priority in bankruptcy.

Par Value

The face value of a bond or stock as stated on the certificate or instrument, which does not necessarily reflect its market value.

Fair Value

The proceeds from divesting an asset or the expense for reallocating a liability in a conventional transaction between market stakeholders at the calculation date.

Investment Account

An account held at a financial institution that is used to buy and hold various investment securities, such as stocks and bonds.