Statistical hypothesis tests are based on all of the following assumptions about the data except ________

A) linearity
B) normality of errors
C) dependence of errors
D) homoscedasticity


C

Business

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In order to fertilize his vegetable farm, John, a farmer, needs to choose from two fertilizers: Nitro Plus and Phosphate Max. Each bag of Nitro Plus costs $7 and contains 8 pounds of nitrogen and 6 pounds of phosphate. Each bag of Phosphate Max costs $9 and contains 4 pounds of nitrogen and 8 pounds of phosphate. John’s vegetable farm requires at least 32 pounds of nitrogen and 48 pounds of phosphate. (Assume fractions of a bag are allowed). At the optimal solution, the total fertilizer costs are ______.

a. $29.80 b. $54.40 c. $76.25 d. $80.00

Business

Two major types of layer 2 switches are available for use in business networks:

store-and-forward switch and ____________. Fill in the blanks with correct word

Business

The Spotless Car Wash Company has annual revenue of $200,000 . Their operating expenses include salary expense of $105,500, depreciation expense for equipment of $8,000, supplies expense of $12,000, and miscellaneous expenses of $2,000 . What is the net profit before federal income tax for the Spotless Car Wash Company?

a. $327,500 b. $127,500 c. $83,500 d. $72,500

Business

Artful Innovations Inc. operates with open channels of communication and an established suggestion system that encourages brainstorming and freewheeling discussions. Artful Innovations can best be described as a(n) __________ organization.

A. experimental  B. cooperative  C. entrepreneurial  D. disruptive  E. creative 

Business