Phillip is a mortgage broker, who is paid by commission. when interest rates decline, he does a lot of business and earns a lot of money, as more people buy houses or refinance their mortgages. but when interest rates rise, business falls substantially. to diversify, phillip should choose investments thata provide a higher return than the market averageb provide a lower return than the market averagec pay higher returns when interest rates rise and lower returns when interest rates falld pay lower returns when interest rates rise and higher returns when interest rates fall

Payday loans could be considered as a. illegal b.subprime lending c. good deal for borrower d. for frequent use

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.

The school cafeteria can make pizza for approximately $0.30 a slice. the cost of kitchen use and cafeteria staff runs about $200 per day. the pizza den nearby will deliver whole pizzas for $9.00 each. the cafeteria staff cuts the pizza into eight slices and serves them in the usual cafeteria line. with no cooking duties, the staff can be reduced by half, for a fixed cost of $75 per day. should the school cafeteria make or buy its pizzas?