The cloud is defined as the elastic leasing of pooled computer resources over the Internet.

Answer the following statement true (T) or false (F)


True

Business

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The Main Game, a retail store, appeals to people who enjoy role-playing games. The store carries games, books, and has a play area where fans can meet and play against one another. The store mainly targets people who enjoy adventure and games. Therefore, the store is using ________ as the scheme for classifying its target market.

A. demographic segmentation B. geodemographic segmentation C. benefit segmentation D. lifestyle segmentation E. geographic segmentation

Business

Which of the following values is considered the market value when valuing inventory at lower-of-cost-or-market under U.S. GAAP?

A) sales price less the company's normal mark-up percentage B) current replacement cost C) cost plus the company's normal mark-up percentage D) historic cost

Business

The mean of the sample means and the pooled standard deviation of 50 samples of size 10 taken from a production process under control are found to be 225 and 16, respectively. The upper control limit for the x chart is:

a. 231.79 b. 240.18 c. 218.21 d. 209.82

Business

Describe a Type I error and a Type II error

Business