B. The mean of its sampling distribution is equal to the true value of the parameter being estimated
The two primary factors affecting an entrepreneur choice of legal ownership for a venture are TAXES AND LEGAL LIABILITY.
The type of business that an entrepreneur establish will determine the type and the amount of tax that it will be required to pay. The legal liability of the entrepreneur determines the extent to which he can be liable in case he finds himself in a financial mess. The entrepreneur should try and minimize the impacts of these two factors.
Answer:
D. Serve as the fiscal agent for the Federal government
Explanation:
The Federal Reserve System (FRS) is the central bank of the United States. FRS regulates the U.S. monetary and financial system.
The functions of Federal Reserve System includes;
1. conducting the nation's monetary policy
2. regulating banking institutions
3. monitoring and protecting the credit rights of consumers
4. maintaining the stability of the financial system
5. providing financial services to the U.S. government.
Answer:
3
Explanation:
Data provided in the question:
Sales for the last four months :
8, 10, 15, and 9 units
Last four forecast of sales:
9, 11, 8 and 12 units
Now,
The mean absolute deviation (MAD) value of these forecast will be calculated as:
MAD = [ ∑|Sales - Forecast sales| ] ÷ [ Total number of forecast ]
or
MAD = [ |8 - 9| + |10 - 11| + |15 - 8| + |9 - 12| ] ÷ 4
or
MAD = [ 1 + 1 + 7 + 3 ] ÷ 4
or
MAD = 12 ÷ 4
or
MAD = 3
