Hamish and Grace MacDonald have been investigating the cost of a holiday in Britain. From their home in Welland, Ontario, it is equally inconvenient to fly out of Toronto or Buffalo, New York. On the Internet, they have found that they can fly Buffalo-London return on American Airlines for US$656 each, rent a hotel room in London for two people for one night at a cost of £87, and join Jolly Tours the next day for a two-week all-inclusive coach tour at a cost of £1,150 per person. Alternatively, the MacDonalds can purchase an all-inclusive package (including a similar coach tour) from a local travel agent for C$3,595 per person. Which alternative is cheaper? How much cheaper is it in C$ for two people?

If you are trying to predict Y scores from X scores,X is referred to as the ______.

A) nominal variable
B) independent variable
C) dependent variable
D) criterion variable

A $5,000 face value strip bond may be purchased today for $1073.36 yielding the purchaser 7.27% compounded semiannually. How much time (to the nearest day) remains until the maturity date? Assume that each half-year has exactly 182 days.

If the probability of success p remains constant in a binomial distribution,an increase in n will increase the variance.

For the set of data, the median is ______ and the mean is ______. .31, .19, .25, .36, .15, .83, .27

A) .27; 2.36
B) .34; .27
C) .36; .27
D) .27; .34

{Acid Reflux Narrative} Can we infer at the 5% significance level that the block means differ?

The higher the desired level of confidence, the larger the confidence interval.

The Sports Brand Company is making a new shoe that has a wholesale price of $60,and it wishes to advertise a retail price of $149.99.What is the markup percentage?

Calculate the equivalent interest rate (to the nearest 0.01%)