A ________ is a summary description of a characteristic or measure of the sample. It is used as an estimate of the population parameter

A) statistic
B) precision level
C) finite population correction
D) parameter


A

Business

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What should a firm consider if it is in a nonhomogeneous market and a competitor lowers its prices?

What will be an ideal response?

Business

____ should be aligned not only with overall organizational goals but also with the firm’s reward and compensation plan.

a. Collations b. Performance standards c. Corrective actions d. Hurdle rate

Business

Minimum wages, hours of employment, and child labor are regulated by the:

A) Regulated Hours Act. B) Fair Labor Standards Act. C) Right to Work Laws. D) Federal Employment Act of 1940.

Business

Making a pizza at a fast-food restaurant would be considered a form of:

A) make to stock. B) engineer to order. C) assemble to order. D) make to order.

Business