The data for analysis by a Friedman test are either ordinal or interval, but they do not have a(n) ____________________ distribution

Fill in the blank(s) with correct word


normal

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What is the most logical explanation for why retailers carry private-label brands?

A) to eliminate the need for competitive advantages B) to encourage transaction marketing C) to support trade promotions D) to earn more profit E) to prevent sales cannibalization

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Patricia wants to invest a sum of money today that will yield $30,000 at the end of 6 years. Assuming she can earn an interest rate of 6% compounded annually, how much must she invest today? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate

factor(s) from the tables provided.) A. $18,000 B. $21,150 C. $28,200 D. $26,418 E. $24,918

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The net method of recording purchases refers to recording:

A. Inventory at the lower of cost or market. B. Purchases at the full invoice price, without deducting any cash discounts. C. Specified amounts and timing of payments that a buyer agrees to in return for being granted credit. D. Inventory at its selling price. E. Purchases at the invoice price less any cash discounts.

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Which of the following types of salespeople are most likely to operate in the problem-solver stage of personal-selling evolution?

A. telemarketers for a photo studio B. car insurance salespeople C. office supplies sellers calling on small businesses D. route salespeople E. communication systems salespeople for a telephone company

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