The pth percentile is a value such that approximately
a. p percent of the observations are less than the value and (100 - p) percent are more than this value.
b. p percent of the observations are less than the value and p percent are more than this value.
c. (100 - p) percent of the observations are less than the value and p percent are more than this value.
d. (100 - p) percent of the observations are less than the value and (100 - p) percent are more than this value.
a
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If past experience reveals that 1 person out of 10 will buy a product, then 50 sales calls could result in five sales. This is an example of:
A. center of influence. B. cold canvassing. C. endless chain referral method. D. networking. E. one-to-one referral method.
Ragged Edge Arts uses a just-in-time (JIT) manufacturing environment. For the month of October, Ragged Edge Arts has completed $2,400 of quilts and paintings. The journal entry required to record the transfer to finished goods is ________
a. Raw and In Process Inventory 2,400 Accounts Payable 2,400 b. Finished Goods Inventory 2,400 Cost of Goods Sold 2,400 c. Finished Goods Inventory 2,400 Raw Materials Inventory 2,400 d. Finished Goods Inventory 2,400 Raw and In Process Inventory 2,400
The Stafford Corporation payroll for the first week in March was $35,000 . The amount of income tax withheld was 15 percent and the FICA, state unemployment, and federal unemployment tax rates were 8 percent, 5 percent, and 1 percent, respectively. Calculate the amount of the employer's payroll taxes
a. $4,900 b. $5,250 c. $8,050 d. $4,550
Which of the following is TRUE about Affirmative Action?
a. Affirmative action is required by Title VII. b. Affirmative action is prohibited by Title VII. c. Affirmative action is allowed in goverment contracts if it can show the programs are needed to overcome specific past discrimination. d. Affirmative action programs are usually voluntary on the part of employers, since courts have no power to order remedies for past discrimination.