The center of a normal curve is
a. always equal to zero.
b. the mean of the distribution.
c. always a positive number.
d. equal to the standard deviation.
b
RATIONALE: The center of a normal curve (the highest point on the normal curve) is at the mean.
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Which of the following is an advantage of using cost-based pricing methods?
A) They consider external factors such as competition. B) They include consideration of the effects of demand. C) They are relatively simple to calculate. D) They make accurate cost estimating a simple process. E) They take the product life cycle into consideration.
The maximum base for the social security tax is the same as that for the Medicare tax.
Answer the following statement true (T) or false (F)
Cherry Corporation sold $200,000 of 12% bonds at par. Each $1,000 bond carried ten warrants, each of which allows the holder to acquire one share of $10 par common stock for $30 per share. After issuance, the bonds were quoted at 99 ex rights, and the warrants were quoted at $4 each. Cherry Corporation should have assigned to the rights a value of
A. $8,000. B. $7,767. C. $7,500. D. $5,882.
What information is necessary for an operations manager to make effective use of a dependent inventory demand model?
What will be an ideal response?