If a value represents the 95th percentile, this means that:
a. 95% of all values are below this value
b. 95% of all values are above this value
c. 95% of the time you will observe this value
d. there is a 5% chance that this value is incorrect
e. there is a 95% chance that this value is correct
a
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Heuristics can come into play when consumers forecast the likelihood of future outcomes or events. How does a consumer use an anchoring and adjustment heuristic?
What will be an ideal response?
Social competence in emotional intelligence includes ______.
A. empathy B. self-regulation C. confidence D. motivation
In operations management, ASRS stands for ______.
a. assisted search and rescue system b. automated storage and retrieval system c. additional storage and reorganization system d. activities for storing and restructuring system
Ramon Gonzalez's gross pay for the week was $700. He had deductions of $85 for federal income tax, $43.40 for social security tax, $10.15 for Medicare tax as well as $5 for union dues. The journal entry to record his federal income tax withheld would include:
A. a credit to Employee Income Tax Payable for $85 B. a debit to Salaries Payable for $700 C. a debit to Salaries Expense for $556.45 D. a debit to Employee Income Tax Payable for $85