Which of the following statements is most correct? a) an advantage to incorporation is that it allows for less regulation of the business. b) an advantage of a corporation is that it is subject to double taxation. c) unlike a partnership, a disadvantage of a corporation is that has limited liability. d) corporations face more regulations when compared to partnerships.

Suppose a mutual fund qualifies as having moderate risk if the standard deviation of its monthly rate of return is less than 3%. a mutual-fund rating agency randomly selects 27 months and determines the rate of return for a certain fund. the standard deviation of the rate of return is computed to be 2.19%. is there sufficient evidence to conclude that the fund has moderate risk at the alpha equals 0.05 level of significance? a normal probability plot indicates that the monthly rates of return are normally distributed.