Heirarchial clusting using ____________ results in a sequence of aggregated clusters that minimizes the loss of information between the individual observation level and the cluster level
a. McQuitty's method
b. centroid linkage
c. median linkage
d. Ward's method
d
RATIONALE: Ward's minimum variance can be used to measure the distance between clusters in cluster analysis.
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________ pricing takes into account a host of inputs, such as the buyer's image of the product performance, the channel deliverables, the warranty quality, customer support, and attributes such as the supplier's reputation, trustworthiness, and
esteem. A) Perceived-value B) Value C) Going-rate D) Auction-type E) Markup
For the vertical analysis, what is the percentage of total liabilities for December 31, 2018? (Round your answer to two decimal places.)
For the vertical analysis, what is the percentage of total liabilities for December 31, 2018? (Round your
answer to two decimal places.)Reliable Moving Company reported the following amounts on its balance sheet as of December 31,
2019 and December 31, 2018:
A) 100.00%
B) 39.55%
C) 29.03%
D) 45.37%
For a study that consists of personal interviews with participants? (rather than mail or phone? surveys), explain why simple random sampling might be less practical than some other sampling methods.
A. A simple random sample could be influenced by selection biases. B. A simple random sample would be less practical for personal interviews because of travel costs? (unless the interviewees are paid to go to a central interviewing? location). C. A simple random sample requires selecting each person one at a time. D. A simple random sample does not work with personal interviews.
A company uses the following standard costs to produce a single unit of output. Direct materials6 pounds at $0.90 per pound=$5.40 Direct labor0.5 hour at $12.00 per hour=$6.00 Manufacturing overhead0.5 hour at $4.80 per hour=$2.40 During the latest month, the company purchased and used 58,000 pounds of direct materials at a price of $1.00 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $56,350 based on 4,900 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $15,000 and fixed manufacturing overhead incurred was $10,400. Based on this information, the total direct materials cost variance for the month was:
A. $5,800 favorable B. $4,000 favorable C. $4,000 unfavorable D. $1,800 favorable E. $5,800 unfavorable