Because they do not rely upon means and standard deviations, non-parametric tests can often be conducted when the scale of measurement of the outcome variable is…
a. nominal or ordinal
b. ordinal or interval
c. interval or ratio
d. ratio only
a. nominal or ordinal
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Which of the following statements is true about personal selling?
A) Personal selling generally involves telephonic conversation. B) Very limited amount of information can be communicated during personal selling. C) Personal selling is expensive. D) Companies marketing business-to-business products rarely use personal selling.
Sanborn Architectural Designs Inc has three partners that each earn $80,00 . per year, and three associates that earn $58,00 . per year. Each partner and associate has 2,00 . billable hours per year. Using a simplified approach, if a partner worked 10 hours on a project, the amount of labor cost that should be billed to the project is:
a. $350. b. $200. c. $320. d. $345.
Which of the following conditions would enable higher market share to produce higher profits?
A) when unit costs drop as market share increases B) when unit costs increase as market share increases C) when production volume drops as market share increases D) when production volume remains unaltered as market share increases E) when the company fails to break even
The Theory of Constraints method is also referred to as the drum-buffer-rope method
Indicate whether the statement is true or false