The number of random samples (without replacement) of size 3 that can be drawn from a population of size 5 is
a. 15
b. 10
c. 20
d. 125
B
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Which of the following is a mechanism that contributes to a measurement-managed company's success?
A. Using mostly "soft" objectives that are not quantifiable. B. Measuring activities of all types. C. Developing the measurement systems without interference from employees. D. Trusting in informal feedback systems. E. Developing alignment between individual, unit, and strategic performance.
Which of the following is NOT a duty/function that bankruptcy judges perform?
a. Approve reorganization plans b. Conduct hearings and trials to resolve disputes c. Appoint fraud examination firms to conduct audits d. Award professional fees e. Bankruptcy judges perform all of the above functions
Increases in process output are typically accompanied by?
a. Increased automation and decreased standardization b. Decreased automation and increased standardization c. Increased automation and standardization d. Decreased automation and standardization
In a case in the text involving a used-car dealer accused of fraud, the court of appeals stated that
an "as is" clause in a contract prevents a seller from being liable for fraudulent concealment based on the seller's failure to disclose perti facts to a buyer. Indicate whether the statement is true or false