A sampling distribution ______.
a. describes the randomness of the variation in a sample’s values
b. shows how much of the entire population varies from the sample
c. is similar to a histogram
d. shows from which parts of the population a sample is chosen
a. describes the randomness of the variation in a sample’s values
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The form of economic cooperation that calls for countries to eliminate all internal barriers to trade among themselves even while maintaining independent trade policies vis-à-vis third countries is known as a(n):
A) Economic union. B) Customs union. C) Free trade area. D) Common market. E) None of the above
Overapplied overhead will always result when a predetermined factory overhead rate is employed and:
a. Overhead incurred is more than overhead applied. b. Overhead incurred is less than overhead applied. c. Production is greater than sales. d. Actual overhead costs are more than expected.
When recruiting for short-term shortage situations, ______ can be the most useful source.
A. employee referrals B. temporary agencies C. contingency agencies D. public agencies
A process capability index above 1 means that the process variability
A) just meets specifications and the process is minimally capable. B) is tighter than specifications and the process exceeds minimal capability. C) is outside the range of specification, the process is not capable of producing within specification, and the process must be improved. D) is none of the above.