Answer: True
Explanation : Five year survival rate: It gives the number of people still alive after 5 years with a specific disease.
Rate: It gives the amount of events occurring in a specific period of time.
Proportion : It also gives the amount of events occurring in a specific period of time but it mentions the total amount.
Example: The five year survival rate for lung cancer in India is 60%.
Here as a rate it gives that in a five year period of time there are 60% people are alive with lung cancer (It is diagnosed before five years).
As a proportion , it mentions from the total amount that is out of 100, 60 people are alive with lung cancer(it is diagnosed before five years).
So it is a rate but its too a proportion.
The 5-year survival is often referred to as a rate but it is actually a proportion....
Prepaid expenses are often referred to as deferrals because the recording of the expense is deferred until after cash is paid, True False
Job-order costing systems often use allocation bases that do not reflect how jobs actually use overhead resources. True or False True False
9)The behavior approach to studying leadership includes studies of what managers actually do on the job. Select one: True False 10)Absenteeism can be construed as an indirect indicator of dissatisfaction toward a leader. Select one: True False 11)A contingency theory describes some aspect of leadership that applies to some situations but not to others. Select one: True False 12)A theory that explains what leaders must do to be effective is called a descriptive theory. Select one: True False
Proportion Problem. Each year Delta Dental does a survey of parents concerning the tradition of the Tooth Fairy. A random sample of 1,058 parents were asked about how much money they leave for a tooth and questions concerning how their child responded to the concept of the Tooth Fairy. In one question, 508 parents indicated that their child saved the money they got for their tooth. You are asked to Test to see if this proportion is different from .5....
Proportion Problem. Each year Delta Dental does a survey of parents concerning the tradition of the Tooth Fairy. A random sample of 1,058 parents were asked about how much money they leave for a tooth and questions concerning how their child responded to the concept of the Tooth Fairy. In one question, 508 parents indicated that their child saved the money they got for their tooth. You are asked to Test to see if this proportion is different from .5....
5 pts The survival rate during a risky operation for patients with no other hope of survival is 80%. If 5 patients have this operation. This event follows a binomial distribution What is the mean number patients who survive this operation?
a price ceiling often results in a shortage True or False? A price ceiling often results in a shortage, which occurs when the market price is below the equilibrium price. Select one: True False If price changes, what happens to the demand curve? Select one: a. It shifts right b. It shifts left c. There is no shift, only a movement along the demand curve, d. It shifts down Using the following graph, what does Point x signify doo D...
When solving for a present value, the interest rate is commonly referred to as the compound rate, but when solving for the future value, the interest rate is called the discount rate. True False Question 6 (2 points) Which of the following is the correct formula for calculating the future value? 1) FV - PV (1 ) O2) PV = FV * (1 + r)" (3) PvPV O4) FV - PV x (1 + r)"
If the nominal rate on your car loan is 3.95 percent and the rate of inflation is 5.2 percent then the real rate on the loan is negative. Select one: True False Harold goes to the grocery store to buy his month's supply of Coke. As he enters the soft drink section, he notices that the price of Pepsi has been reduced by 25 percent. He buys Pepsi instead of Coke. This represents the substitution bias that is a problem...
The market structure where very many sellers sell slightly different things is referred to as Select one: a. perfect competition. b. pure monopoly c. duopoly d. monopolistic competition. e. oligopoly Predatory Pricing occurs when a firm cuts prices to below cost to drive out a rival. Select one: True False