The F-test in ANOVA requires that the random variable be ____________________ distributed with equal ____________________
Fill in the blank(s) with correct word
normally; variances
normal; variances
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Common-size analysis involves expressing comparisons in percentages
Indicate whether the statement is true or false
The ratio of income from operations to sales is termed the profit margin component of the rate of return on investment
Indicate whether the statement is true or false
You bought a stock at $50 a share, and it has increased in price to $70 a share
You think its price will increase even more but you are also concerned that it might go back to $50, eliminating the entire gain. Given this information, you should place which kind of order? A) Stop-loss B) Profit-retention C) Limit D) Deferred sales
A product has a demand of 4000 units per year. Ordering cost is $20, and holding cost is $4 per unit per year. The EOQ model is appropriate
The cost-minimizing solution for this product will cost ________ per year in total annual inventory (holding and setup) costs. A) $400 B) $800 C) $1200 D) Zero; this is a class C item. E) Cannot be determined because the unit price is not known.