The most basic type of nonprobability sampling is a simple random sample

Indicate whether the statement is true or false


FALSE

Business

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You are able to hear your professor’s lecture and believe you have the material down; however, later that day, you can’t recall the topic of the lecture. In what step of the listening process are you having difficulty?

a. understanding b. interpreting c. remembering d. responding

Business

Since no provider can guarantee 100 percent uptime, ASPs often promise 99.9 percent uptime.

Answer the following statement true (T) or false (F)

Business

Delectable Foods produces a gourmet condiment that sells for $20 per unit. Variable cost is $8 per unit, and fixed costs are $5000 per month. If Delectable expects to sell 1500 units, compute the margin of safety in dollars. (Round any intermediate calculations to the nearest whole unit, and your final answer to the nearest dollar.)

A) $21,660 B) $1083 C) $5000 D) $8664

Business

A company has an account receivable turnover ratio of 10. The average accounts receivable during the period are $400,000. What is the amount of net sales for the period?

A) $40,000 B) $4,000,000 C) $480,000 D) Cannot be determined from the information given.

Business