You have just timed a person doing a job a few times. The first time it took the person 25 minutes, the second time it took 20 minutes, and the third time it took 17.55 minutes. Which learning curve unit improvement factor should you use?
A. 25 percent
B. 85 percent
C. 80 percent
D. 75 percent
E. 90 percent
Answer: C
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Madison works for a weed killer manufacturing company. The products have only been available in a concentrated liquid form, but now the firm is introducing a pre-mixed version that should be easier for consumers to use. Madison will most likely increase the frequency of sales calls because:
A. there is no competition within the sales territory. B. customers are less likely to buy products from the competition. C. the available supply is limited and costly. D. demand is low for his company's older products. E. his company has increased the number of product lines available.
A paralegal will often be called upon to prepare documents that need to be filed to begin a lawsuit or answer a lawsuit. These documents can be referred to as:
A) interrogatories. B) depositions. C) pleadings. D) summons.
Gross national income (GNI) is the
A. total market value of goods and services consumed in a year. B. total market value of goods and services provided in an economy in a year by residents of that country. C. manufacturers' selling price of goods (but not services) produced in a year. D. total market value of goods (but not services) produced in an economy in a year. E. None of these answers is correct.
The F distribution is a continuous probability distribution that is helpful in testing hypotheses about variances
Indicate whether the statement is true or false