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Author Question: Rob is a financial manager with Sharez, an investment advisory company. He must select specific ... (Read 101 times)

Cooldude101

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Rob is a financial manager with Sharez, an investment advisory company. He must select specific investmentsfor example, stocks and bondsfrom a variety of investment alternatives. Restrictions on the type of permissible investments would be a _________ in this case.
 a. feasible solution
  b. surplus variable
  c. slack variable
  d. constraint

Question 2

In order to determine an interval for the mean of a population with unknown standard deviation a sample of 24 items is selected. The mean of the sample is determined to be 23 . The number of degrees of freedom for reading the t value is
 a. 21.
  b. 22.
  c. 23.
  d. 24.



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nhea

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Answer to Question 1

d
RATIONALE: The constraints, in portfolio selection problems, usually take the form of restrictions on the type of permissible investments, state laws, company policy, maximum permissible risk, and so on.

Answer to Question 2

c
RATIONALE: The degrees of freedom for this t distribution is n  1 = 23.





 

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