Given the following income statement data, calculate net income: sales = $2,600, cost of goods sold = $1,800, general and administrative expenses = $200, depreciation = $150, interest expense = $50, tax rate = 35%.

5. The American Red Cross says that about 11% of the US population has type B blood. In a local blood drive, if the blood types of donors are independent, what is the probability that at least two of the next 10 donors have type B blood? Round your answer to three decimal places if necessary.

8. A polling firm released the results of a survey that indicated the 95% confidence interval for the approval rating of a local politician was from 62.6% to 65.2%. What is the margin of error for this confidence interval?

Your car dealer is willing to make a loan to you for a new car. The loan terms are monthly payments of $400 for 5 years. The payments are due on the first day of each month starting with the day you sign up for the loan. If your cost of money is 5% APR, how much can you borrow?

In a certain population the frequencies of alleles determining the ABO blood groups were estimated as 0.5 for IO , 0.3 for IA and 0.2 for IB. Assuming random mating, what is the expected frequency of blood type A individuals?

23. The human resources department of a large bank wanted to assess the job satisfaction of the bank’s workers. The department chose four of the bank’s branches at random and used all of the workers in those four branches as the subjects for the study. What type of sample does this describe?

Annuities where the payments occur at the beginning of each time period are called ________, whereas ________refer to annuity streams with payments occurring at the end of each time period.

The Tigris-Euphrates lowland, an ancient cultural hearth, is located within the modern-day country of

14. Match the situation described on the left with the appropriate hypothesis testing procedure to be used on the right (not every choice will be used):

The land between the lower Tigris and Euphrates rivers comprises the world culture hearth known as