How many simple random samples of size 3 can be selected from a population of size 8?
A. 336
B. 24
C. 56
D. 6561
Answer: C
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Which of the following can offer a type of comparison in financial statement analysis?
a. Past ratios and figures b. Industry averages c. Statistics of competitors d. All of the answers are correct. e. None of the answers are correct.
A _____ buying situation is normally less critical and less time-consuming than a new-buy situation but does require some change in the original good or service.
A. synergistic rebuy B. value buy C. negotiated rebuy D. modified rebuy E. make-or-buy
One type of demand fluctuation is caused by random variation. What is random variation?
a. errors in inventory management b. errors not caught by using exponential smoothing c. a development that cannot normally be anticipated d. failure to properly execute the SO&P process plan
Voice, a critical dimension of procedural justice, refers to the perception that:
A. the rules used to make a decision were applied the same way to everyone involved. B. the person applying the rules to make a decision had no vested interest in the outcome of the decision. C. the rules used to make a decision conform to prevailing standards of ethics and morality. D. the person affected by a decision had some control over the outcome in the decision.