Periodicity is present in the population when
A) the population can be divided into mutually exclusive groups.
B) the population cannot be divided into mutually exclusive groups.
C) there is a pattern in the sample consistent with the value of k that is chosen in cluster sampling.
D) there is a pattern in the population consistent with the value of k that is chosen in systematic sampling.
D
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Which of the following is NOT true of a scatter diagram?
A) It plots data pairs in an x- and y-axis graph. B) It will portray the amount of covariation between two metric variables. C) It plots the points corresponding to each matched pair of x and y variables. D) When there is no apparent association or relationship between two variables, the points on a scatter diagram fail to create any identifiable pattern. E) There is no relationship between scatter diagrams and correlation coefficients.
How is business planning different in a large firm in comparison to business planning in a small company?
What will be an ideal response?
Total manufacturing costs include all direct materials used as well as all direct labor costs and overhead costs incurred during a period
Indicate whether the statement is true or false
You have just accepted your first job out of college, which requires you to evaluate loan requests at Beach Front National Bank. The person training you at the bank, Jim Baker, uses a loan request received from Surfer Dude Supplies, a small
proprietorship. Marty Monroe, the owner, is requesting $75,000. Jim tells Marty that all they consider before making a decision on the loan request is an accurate set of financial statements. Do you think this an accurate statement on the loan request process? What other considerations or information likely are part of the decision-making process by the bank?