If there are three or more populations, then it is
a. possible to test for equality of the three population proportions
b. impossible to test for equality of the three population proportions, because chi-square deals with only two populations
c. customary to use a t distribution
d. None of these alternatives is correct.
A
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The ability of a business to meet its current obligations may be determined by the
a. current ratio; b. return on equity; c. inventory turnover; d. average inventory; e. average accounts receivable
The margin of safety would be negative if a company('s)
a. was presently operating at a volume that is below the break-even point. b. present fixed costs were less than its contribution margin. c. variable costs exceeded its fixed costs. d. degree of operating leverage is greater than 100.
Which needs theory holds that our needs are shaped over time and formed by our experiences and cultural background?
a. Maslow’s hierarchy of needs b. Alderfer’s ERG Theory c. Herzberg’s two-factor theory d. McClelland’s acquired needs theory
Answer the following statement(s) true (T) or false (F)
Pricing becomes less of a concern when customers know about a product's unique characteristics that are superior to the competition.