A hurricane has recently destroyed a major oil supplier's oil rig located in the Gulf of Mexico. If price elasticity of demand for oil is 0, what effect would the hurricane have on the short-term market for oil?

A college bookstore sells textbooks at a 15 percent discount to professors while successfully selling the same books at full price to students. What conditions are present so that the bookstore can charge different prices? (Select all that apply.)

Which of the following scatterplots shows the strongest positive linear relationship? A)

B)

C)

D)

A shop owner wants to determine the effect of a new marketing strategy on the number of customers visiting the shop. What information should the shop owner consider when deciding whether to conduct a one-sided or two-sided hypothesis testing?

A 95% confidence interval for a sample of data is as follows: Sample Mean: 90.5 Upper Bound: 98 Lower Bound: 83
Given this data, the tester is 95% confident that: