Using dummy variables is an efficient way of determining counts of categorical variables
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Jaybird Company operates in a highly competitive market where the market price for its product is $50 per unit. Jaybird desires a $15 profit per unit. Jaybird expects to sell 5,000 units. Additional information is as follows: Variable product cost per unit$15 Variable administrative cost per unit 10 Total fixed overhead 45,000 Total fixed administrative 18,000 To achieve the target cost per unit, Jaybird must reduce total expenses by how much?
A. $20,000 B. $14,500 C. $3,500 D. $13,000 E. $23,000
Average gross profit per customer is ________.
A. average cost of sale - average sale per customer B. average cost of tangible product - average cost of intangible product C. average sale per customer - average cost of sale per customer D. average sale per consumer + average sale per wholesaler
The interquartile range is an interval of numbers starting at Q1 and ending at Q3
Indicate whether the statement is true or false
Data elements in a relational database are organized into ____
a. attributes b. objects c. tables d. tuples