What does the fourth letter mean in the Six-Sigma DMAIC acronym?

A. Interact
B. Integrate
C. Improve
D. Investigate


Answer: C

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Consider the following production function?  Y = A×Ka×L1?a. ? If a = 0.3, and over the past year total factor productivity (TFP) grew 2.3 percent, capital grew 2 percent, and output grew 5 percent, what was the growth rate of labor?

A. 2 percent B. 3 percent C. 4 percent D. 5 percent

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In terms of substantiation of claims in the advertisements, the Federal Trade Commission and courts tend to use each of the following principles, except:

A) the federal government assumes consumers read ads "broadly" and do not notice details hidden in fine print B) tests have to be with the actual product or one that is considered similar C) evidence should come from individuals or companies that would be considered experts by others in the field D) the courts and FTC will consider the totality of evidence concerning a claim, not just one particular study that may support a claim

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The teacher should have been more patient with her students

A) students; should have B) teacher: should have C) teacher; should have been D) teacher; have been

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The effective-interest amortization method allocates an amount of bond discount or premium, based on the stated rate of interest, to each interest period over the life of the bond

Indicate whether the statement is true or false

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