The average penalty imposed by the Occupational Safety and Health Administration (OSHA) for serious violations is now

A. $2,000-$3,000.
B. $3,000-$4,000.
C. $6,000-$7,000.
D. $10,000-$12,000.


Answer: B

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In a well designed relational database every piece of data can be compared to or joined with any other piece of data

Indicate whether the statement is true or false

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In acceptance sampling, the risk of accepting a poor quality lot is known as

a. Consumer's risk b. Producer's risk c. a Type I error d. None of these alternatives is correct.

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An individual is on the game show Squeal or No Squeal, and she has a choice between receiving a certain gain of $100,000 and receiving a 50% chance of winning $200,000 or zero. If she takes the gamble instead of the certain $100,000, she is acting ____________________.

A. like a person who is risk-neutral B. like a person who is risk averse C. like a person who is a risk lover D. irrationally

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