Exponential smoothing relies on a weighted difference between the current period’s _________ and ________.
a. Actual data and the previous period’s actual data
b. Actual data and the current period’s forecast
c. Actual data and the previous period’s forecast
d. Actual data and the next period’s actual data
b. Actual data and the current period’s forecast
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In questionnaire design, a question such as "What many minutes did you spend waiting on line at the grocery store last week?"
A. leads respondents to a particular response. B. is a question that respondents cannot easily or accurately answer. C. is a question that respondents are reluctant to answer because the information is sensitive. D. asks two questions at once. E. is complex and something respondents may be unfamiliar with.
SurgeStop Company makes electrical cords and other connectors for elec-tronic devices. Rollo files a product liability suit against SurgeStop, alleg¬ing a warning defect. In deciding whether to hold SurgeStop liable, the court may consider
a. consumers' general lack of desire to read the product's warnings. b. the plaintiff's specific lack of desire to read the product warnings. c. the obvious risks of other products. d. the obvious risks of this product.
Exclusion of consequential damages for personal injuries resulting from breach of warranty in the sale of consumer goods is prima facie unconscionable
Indicate whether the statement is true or false
Which of the following is true of quasi-contracts?
A) It is an unenforceable contract. B) It generally offends ethical principles. C) It is always formed by an adult with a minor. D)It prevents the unjust enrichment of a party.