What is a correlation coefficient, and what is its range?
What will be an ideal response?
ANS:A correlation coefficient is a numerical index that reflects the relationship between two variables. The value of the correlation coefficient ranges from -1.0 to +1.0.
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Sometimes a value is assigned to the shares in the articles of incorporation. This arbitrary amount is known as projected value.
Answer the following statement true (T) or false (F)
Clearwater Hampers is a small British company that sells luxury food and drinks in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business as well as are a number of department stores. Clearwater has had several orders for more than a quarter of a million dollars and prides itself on how much repeat business it does. The company's leading salesperson, Peter Austin, is placed in charge of an important territory divided on the basis of geography and sales potential. He classifies his customers according to the size of their average orders.Austin is a firm believer in the 80/20 principle. This means he believes:
A. 20 percent of his time should be spent on prospecting and qualifying. B. 80 percent of his time should be spent in follow-up service. C. 80 percent of his effort will not result in sales. D. 20 percent of his customers will provide 80 percent of the sales. E. 20 percent of his time should be spent on paperwork.
The letter address
a. precedes the dateline. b. omits all personal and professional titles. c. includes the writer's full address. d. includes a courtesy or professional title of the recipient.
The International Labor Office functions as the secretariat for the International Labor Organization
Indicate whether the statement is true or false