What are the four levels of measurement?
a.Rank, ordinal, nominal, and ratio
b.Ratio, interval, categorical, and nominal
c.Nominal, ordinal, interval, and ratio
d.Nominal, rank, interval, and ordinal
ANS:C
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Sales to fixed assets will have the least meaning if assets are relatively new
Indicate whether the statement is true or false
Quickbrush Paint Company makes a profit of $2 per gallon on its oil-base paint and $3 per gallon on its water-base paint. Both paints contain two ingredients, A and B
The oil-base paint contains 90 percent A and 10 percent B, whereas the water-base paint contains 30 percent A and 70 percent B. Quickbrush currently has 10,000 gallons of ingredient A and 5,000 gallons of ingredient B in inventory and cannot obtain more at this time. The company wishes to use linear programming to determine the appropriate mix of oil-base and water-base paint to produce to maximize its total profit. How much oil-based and water-based paint should the Quickbrush make?
IRA contributions
A) are always tax-deductible. B) were once tax-deductible, but are no longer tax deductible. C) have never been tax-deductible. D) are in some situations tax-deductible and in other situations not tax deductible.
Interpretative rules are agency-issued statements that explain how the agency construes its governing statute
Indicate whether the statement is true or false