Which type of data involves categories?

a. Interval data c. Nominal data
b. Ordinal data d. None of these


C

Business

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Briefly explain residual variation in the product and service requirements of a market segment

What will be an ideal response?

Business

Procedural justice focuses on the fairness of the outcomes of decisions rather than on the fairness of the procedures used to make the decisions.

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

Business

Finance Professionals Union represents the workers of Business & Commerce Banking Corporation. The management of the firm refuses to bargain with the union over the economic consequences to the employees of management's decision to shut down some facilities. This most likely violates

A. federal labor law. B. state right-to-work laws. C. federal wage-and-hour laws. D. no federal or state law.

Business

What is their current savings ratio?

George and Betty, a middle-aged couple, have watched their savings account dwindle over the years. They both make good incomes and can't understand why they aren't saving more each month. Below is their financial information to complete an income statement. Gross monthly income: $8,000 Income taxes withheld monthly: $2,300 Monthly interest income from investments: $100 Monthly insurance payments: $700 Monthly housing expenses: $4,500 Monthly food expenses: $800 Miscellaneous expenses: $400 A) 10.3 percent B) negative 10.3 percent C) zero D) None of the above

Business