Voting rights [LO3] In the previous issue, suppose the company uses cumulative voting and there are four seats in the current election. How much will it cost you to buy a seat now? Products “Made in USA”. See exercise 2.1542.1542.154 (p. 119) and the Journal of Global Business survey (Spring 2002) to determine what “Made in the USA” means for consumers. Recall that 106 shoppers at a mall in Muncie, Indiana, asked about “Made in the U.S.” answered what percentage of U.S. labor and materials means. Sixty-four buyers responded “100%”. Estimate the actual share of consumers who believe that “Made in the USA” means 100%100%100% US. Provide a practical interpretation of the interval, part c.
σ=32,n=4sigma=32, n=4σ=32,n=4 σ=32,n=4sigma=32, n=4σ=32,n=4 (a) Find the standard error of the mean for each sample situation (assuming a normal population). (b) What happens to the standard error each time you quadruple the sample size? .