An experiment consists of measuring the speed of automobiles on a highway by the use of radar equipment. The random variable in this experiment is speed, measured in miles per hour. This random variable is a
a. discrete random variable
b. continuous random variable
c. complex random variable
d. None of these alternatives is correct.
b
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If 95 percent of an organization’s guests do not fill out comment cards, the organization can assume that these guests had what reaction to the service?
a. happy b. unhappy c. indifferent d. can’t assume anything
Deborah must deny a request made by one of her employees. The most effective statement in a bad-news message denying this request would be
A) No, you may not be reimbursed for the extra night you stayed after the conference ended. B) We are so sorry that we are unable to reimburse you for the extra night you stayed after the conference ended. C) Although your extra night cannot be reimbursed, we will process the remainder of your expense claim immediately. D) Please be advised that your extra night stay is not reimbursable.
Which of the following is affected as a result of an error in performing the physical count of inventory at the end of the accounting period?
A) sales revenue B) operating expenses C) net income D) net cost of purchases
A firm may use all of the following methods for beating the competition EXCEPT
A. seeking a monopoly. B. applying for patents. C. utilizing advanced technology. D. developing a sustainable competitive advantage. E. conducting a competitor analysis.