Suppose you are interested in the average weight of a lemur. You sample 50 lemurs and find an average weight of 2.3 kilograms with a standard deviation of 0.4 kilograms.What is the margin of error for the 99% confidence interval? Round to 3 decimals.

                                                                                                                                 Suppose you want to know the true proportion of satisfied customers from a survey to within a margin of error of no more than 0.025 for a 94% confidence interval. What sample size do you need to use if you have prior information that the true proportion is equal to 0.4? Your answer must be a whole number.

                                                                                                                                 Suppose you are interested in the average time it takes employees at a company to complete a training module. What is the minimum number of employees you would need to sample to construct a 95% confidence interval with a total width no larger than 5 minutes, assuming the population standard deviation is 25 minutes? Your answer must be a whole number.

Suppose the daily coffee consumption of IU students follows a uniform distribution. Your friend believes the average amount of coffee an IU student drinks per day is less than 2 cups. You collect a sample of 31 IU students and record their daily coffee intake. Are the guidelines met for conducting a hypothesis test for a single mean?

 Answer each question below at 2 point each1. The first type of international office that a bank forms outside its home country that is exploratory in nature is known as:a) an Edge Act bank.b) a head office.c) a representative office.d) an agreement corporation.e) a foreign branch..2. Which of the following is an example of a Eurocurrency?a) A branch of a Canadian bank located in Paris accepts a deposit in U.S. dollars.b) A branch of a U.S. bank located in Tokyo accepts a deposit in Japanese yen.c) A branch of a U.S. bank located in New York accepts a deposit in U.S. dollars.d) A branch of a London bank located in Paris accepts a deposit in Euros.e) A branch of a Swiss bank located in Mexico City accepts a deposit in Mexican pesos..3. The default risk associated with loans made to borrowers outside a bank’s home country is called:a) foreign exchange risk.b) sovereign risk.c) euro risk.d) country risk.e) LC risk..4. A time draft for payment at a future date, often used in international trade is known as:a) a reverse repurchase agreement.b) a repurchase agreement.c) a line of credit.d) a letter of credit.e) a banker’s acceptance..5. The risk that a foreign government will suspend debt service payments is known as:a) LC risk.b) foreign exchange risk.c) euro risk.d) sovereign risk.e) country risk.

Explain how the four components (financing, insurance, delivery, and payment) interact in a private insurance model.

Under ________, the market consists of many buyers and sellers trading over a range of prices rather than a single market price.

Some companies, such as Google, have ________ that encourage employees to develop new ideas.

Market ________ consists of selecting the market segments to enter.

________ segmentation factors divide buyers into different groups based on social class, lifestyle, or personality characteristics.