A histogram ______.

A. is similar to a scatter diagram
B. shows the frequency of occurrences of values
C. is also referred to as a heat map
D. has been replaced by pie charts


B. shows the frequency of occurrences of values

Business

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What are the consequences of not obtaining a letter of credit?

What will be an ideal response?

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The sum of all task times in producing a product is 15 minutes. Eighty units need to be produced in 4 hours. What is the number of workstations required?

a. five b. six c. seven d. eight

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Rover Corporation is a regular corporation that has not elected S corporation status. In 1994,

Rover earns $100,000; in 1995, Rover distributes $50,000 to its shareholders. Which of the following best describes the tax consequences to Rover and its shareholders? A) Rover is taxed on $100,000 in 1994; the shareholders are not subject to tax B) The shareholders are taxed on $100,000 in 1994; Rover is not subject to tax C) Rover is taxed on $100,000 in 1994; the shareholders are taxed on $50,000 in 1994 D) Rover is taxed on $100,000 in 1994; the shareholders are taxed on $50,000 in 1995 E) Neither Rover nor its shareholders are subject to tax.

Business

A hospital-billing auditor has been inspecting patient bills. While almost all bills contain some errors, the auditor is looking now for large errors (errors in excess of $250 )

Each day last week, the auditor examined 100 bills and found an average defect rate of 16%. Calculate the upper and lower limits for the billing process for 99.73% confidence.

Business