A time study analyst has found the select time for a work element to be 14.0 minutes, with a sample standard deviation of 3.2 minutes
What is the minimum sample size needed if the estimate is to be within 4 percent of the average 95 percent of the time (z = 1.96)?
A) fewer than 100
B) greater than or equal to 100 but fewer than 140
C) greater than or equal to 140 but fewer than 180
D) greater than or equal to 180
B
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An owner of a stable of racehorses has been earning below-average returns for more than 15 years. To a colleague, he expressed his determination to stay in horse racing until he died because "racing is in my blood." This individual is probably still racing horses because of:
A. high barriers to exit. B. high switching costs. C. high fixed costs. D. low levels of competitive rivalry.
The two major citizen movements to keep businesses in line are environmentalism and ________
A) consumerism B) protectionism C) liberalism D) capitalism E) materialism
A salesperson should plan for full-line selling during the preapproach step of the sales process
Indicate whether the statement is true or false
Semantics involves the way behavior is influenced by words and nonverbal means used to communicate
Indicate whether the statement is true or false.