A measure of central tendency given as the value above which half of the values fall and below which half of the values fall is the ________
A) mean
B) median
C) mode
D) range
B
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Which of the following statements best describes a customer lifetime value (CLV)?
A. CLV is an assessment of how many valued customers shop with a retailer. B. CLV is a numerical value of how much a "best customer" shops. C. CLV is what a customer contributes to a retailer's profits over his or her entire relationship with the retailer. D. CLV is the value placed upon a retailer by a consumer. E. CLV is what retailers use to rate the value of guaranteed merchandise.
Sally was recently assigned to an important advertising campaign for WonderCorp’s new project. She is usually the leader of cash operations and has not done any major advertising since she graduated from college three years ago. Sally is scared she might ruin the advertisement and create a bad name for the company. What is Sally’s reason for resisting change?
a. learning anxiety b. self-interest c. fear of loss d. uncertainty
Paul grabs Don and threatens to stab him with his knife if Don doesn't help Paul commit a robbery. If Don helps Paul and is prosecuted, Don would have a valid defense called self-defense
a. True b. False Indicate whether the statement is true or false
A Treasury bond has an 8% annual coupon and a 7.5% yield to maturity. Which of the following statements is CORRECT?
A. The bond has a current yield greater than 8%. B. The bond sells at a discount. C. The bond's required rate of return is less than 7.5%. D. If the yield to maturity remains constant, the price of the bond will decline over time. E. The bond sells at a price below par.