Fifteen people were given two types of cereal, Brand X and Brand Y. Two people preferred Brand X and thirteen people preferred Brand Y. We want to determine whether or not customers prefer one brand over the other. At ? = .01, the null hypothesis should
A. be rejected.
B. not be rejected.
C. be revised.
D. not be tested.
Answer: A
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Claims related to product warranties, guarantees, or contractual conditions are typically ____ claims
a. persuasive b. inductive c. routine d. negative news
Consider the data on Inventory for Blenders Over a 20-Day Period. Any time that ending inventory falls to 15 or below, an order is placed for 30 units of the product. The lead time for delivery varies and is shown in the column under Lead Time. If the ordering costs were $38 each time the product is ordered, what are the total ordering costs during the 20-day period?
a. $114
b. $228
c. $76
d. $182
Costs to store a vehicle for a short period of time after an auto dealer fails to complete the contract to purchase the vehicle would be considered A) compensatory damages
B) incidental damages. C) consequential damages. D) punitive damages.
Shenandoah Springs Company is considering two investment opportunities whose cash flows are provided below:YearInvestment A Investment B 0$(15,000) $(9,000) 1 5,000 5,000 2 5,000 4,000 3 5,000 3,000 4 4,000 1,000 The company's hurdle rate is 12%. What is the present value index of Investment B? Use Appendix Table 1. (Do not round your intermediate calculations. Round your answer to two decimal points.)
A. 1.16 B. 1.01 C. 0.86 D. None of these answers is correct.