How many observations would be necessary for a time studies analyst to be 99% confident that the average time is within ± .1 minutes of the true value, if the average time is 10.5 minutes and the standard deviation is 3 minutes?
What will be an ideal response?
n = = = 5990.76 or 5991 samples
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Firm infrastructure and human resource management are part of the primary value activities.
Answer the following statement true (T) or false (F)
If a company purchases equipment costing $3300 on credit, the effect on the accounting equation would be:
A. Assets increase $3300 and liabilities increase $3300. B. Equity increases $3300 and liabilities decrease $3300. C. One asset increases $3300 and another asset decreases $3300. D. Equity decreases $3300 and liabilities increase $3300. E. Assets increase $3300 and liabilities decrease $3300.
Knowing differences in writing for the eye and for the eye and ear is critical if you expect to be an effective public relations writer
Indicate whether the statement is true or false
How is consumer panel data collected during the test marketing phase of a new product introduction?
A. Panelists scan their receipts on a home scanning device. B. Stores provide sales data to companies. C. Focus groups are held in key markets. D. Panelists complete a questionnaire about the product. E. Consumers voluntarily go to a website to record their preferences.