____________________ are extremely large or extremely small observations
Fill in the blank(s) with correct word
Outliers
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Which one of the following statements is false regarding the gross profit ratio?
a. The gross profit ratio is calculated by dividing net sales by gross profit. b. The gross profit ratio is a measure of profitability. c. The gross profit ratio can help investors decide whether or not to buy a company's stock. d. The gross profit ratio should be compared with both a company's prior years' ratios and also competitor ratios.
Which of the following is not a disadvantage of nonhierarchical clustering procedures?
A) The number of clusters must be pre-specified. B) The selection of cluster centers is arbitrary. C) The procedures do not work well when the clusters are poorly defined. D) All of the above are disadvantages.
During the ________ stage of the product life cycle, product sales may plunge to zero, or drop to a low level where they continue for many years
A) decline B) growth C) maturity D) ideation E) analysis
An example of an external threat to a company's future profitability does not include
A. potential of a hostile takeover B. introduction of restrictive trade policies in countries where the company does business C. adverse changes in foreign exchange rates D. lack of a distinctive competence E. unfavorable demographic shifts