A sample of 51 elements is selected to estimate a 95% confidence interval for the variance of the population. The chi-square values to be used for this interval estimation are
a. 27.99 and 79.49.
b. 32.357 and 71.420.
c. 34.764 and 67.505.
d. 12.8786 and 46.9630.
b
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Indirect operating expenses are normally
a. approximations. b. assigned by arbitrary methods. c. precise expenses determined by managers. d. overlooked.
Matt's retail store offers all products at $2 less than its competitors. The store never runs promotional campaigns or offers special discounts. Matt's retail store is following a(n) ________ pricing policy
A) auction-type B) target-plus C) everyday low D) high-low E) going-rate
Which of the following does NOT refer to a disadvantage of standardized information?
A) The ability to customize some projects is lost when using a standardized service. B) The company providing the standardized service may not know the idiosyncrasies of a particular industry. C) There is a greater burden on the client to ensure that the standardized service fits the intended situation. D) Buyer firms often must commit to long-term contracts when buying standardized data. E) Client firms need to be very familiar with the service provided, including what data are collected on which population, how the data are collected, and how the data are reported before they purchase the service.
Expert, legitimate, reward, and coercive power are largely prescribed by the organization.
Answer the following statement true (T) or false (F)