Answer:
"Suppose you were confronted with an angry customer who threatened to sue the company. What would you do?"
Explanation:
Situational interview questions paint a picture of a situation and the interviewee is asked what they would do in that particular situation.
The main aim of situational interview is to analyse the problem solving ability of a candidate when there is little preparation and on short notice.
The question "Suppose you were confronted with an angry customer who threatened to sue the company. What would you do?"
Is meant to analyse how a candidate will handle an irate customer, his answer will give insight into his problem solving ability.
The sample size needed to obtaing a 95% confidence interval that is within 8 percentage points of the true proportion is given by:
where: p is a previously known proportion about the population,
is the 95% z-statistics, B is the bound of error = 8.
Because, we have no prior knowledge about the true proportion of the population, we use 50%.
Thus,
Therefore, the number of <span>randomly
selected sales transactions that must be surveyed to determine the
percentage that transpired over the internet </span><span><span>within eight percentage points of the true population percentage for all sales
transactions</span> with a 95% confident</span> is
151.
Answer:
b. Non-bank financial firms that acted as banks by borrowing and lending in an effort to make a profit.
Explanation:
A shadow banking system can be described as a group of non-bank financial intermediaries that render services that are similar to the services that normal commercial banks render but the members of the group are not subject to normal banking regulations.
In addition, a shadow baking system can also be described as unregulated services rendered by regulated institutions.
Structured investment vehicles (SIVs), limited-purpose finance companies (LPFCs), asset-backed commercial paper (ABCP) conduits, and among others are examples of shadow banks.
Based on this explanation, the correct option is b. Non-bank financial firms that acted as banks by borrowing and lending in an effort to make a profit.