Thirty-five percent of the students who enroll in a statistics course go to the statistics laboratory on a regular basis. Past data indicates that 40% of those students who use the lab on a regular basis make a grade of B or better. On the other hand,
10% of students who do not go to the lab on a regular basis make a grade of B or better. If a particular student made an A, determine the probability that she or he used the lab on a regular basis.
.6829
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The third category of question in the SPIN approach is called the ________ question.
A. intuition B. indication C. implication D. issue E. indirect
A machine with a cost of $75,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. What is the amount of depreciation for the second full year, using the double declining-balance method?
A) $17,500 B) $37,500 C) $18,750 D) $16,667
Which of the following activities best describes a salesperson's job?
A. set prices B. research on product development C. manage production of goods D. manage information E. devise marketing strategies
A route sheet provides a(n):
A) exploded view of the product. B) instruction to make a given quantity of a particular item. C) schematic showing how the product is assembled. D) sequence of operations necessary to produce the component. E) set of detailed instructions about how to perform a task.