The following data represents the number of home runs that Ryan Howard, a Major League Baseball player for the Philadelphia Phillies, hit over a six-year period

22 58 47 48 45 31

The median for this data set is ________.
A) 45
B) 46
C) 47
D) 48


B

Business

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For years, ads for Volvo automobiles stressed safety features and protection in the event of a crash. Thus, Volvo automobiles developed a reputation based on which positioning strategy?

A) use/user B) attribute/benefit C) competition D) high touch E) quality/price

Business

Which of the following is true of skim pricing?

A) Skim pricing is most profitably used in the decline stage of the product life-cycle. B) Skim pricing is most useful to a business when there are many competitors in the market offering equivalent products. C) Skim pricing is most effective when product differentiation is diminishing, potential customers are price sensitive, and many competitors or substitutes exist. D) In skim pricing, a company tries to keep its costs as low as possible and to offer a low price that no competitor can beat. E) Skim pricing is viable when a business has a sustainable differentiation advantage in a quality-sensitive market with few competitors.

Business

If a nonlinear programming model consists of a single nonlinear objective function and a single linear constraint, it is called a(n) ________ optimization problem

Fill in the blank with correct word.

Business

________ is developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor

Fill in the blanks with correct word

Business