The observer assigned a performance rating factor of 1.15 to the worker and the company employs an allowance factor of 20%
How many more observations must be made in order to develop an estimate of the select time for Element 4 that is within 5% with 95% accuracy?
A) 1
B) 3
C) 5
D) 7
A
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The American economy consists of a complex combination of organizations and variables, such as countless companies differing in size and what they sell, current events, and markets (for example, the housing market and the stock market). According to ________, all of these independent factors interact with one another according to certain simple rules.
A. complexity theory B. a closed market system C. a market web D. contingency theory E. behavioral theory
Jack is trying to sell the surplus of purses and shoes from the Spring collection. His high-end overpriced store does not normally put items on sale. But, he knows that he can entice new clients who do not normally shop in his store with a 25% off sale. Jack hopes that the new clients will look at the percentage off instead of focusing on the price of each item. Which commonly used heuristics element is Jack hoping his clients will use?
a. Availability b. Projection c. Representativeness d. Anchoring and adjustment
Investors generally don't like risk. Therefore, a typical investor
A) will only accept a zero return if the risk is zero. B) will not be induced to take on any risk. C) will only take on additional risk if he expects to be compensated in the form of additional return. D) will only take on the least risk possible.
True or False A 0.95 confidence coefficient is equivalent to a 5% confidence level
Indicate whether the statement is true or false