For any continuous random variable, the probability that the random variable takes on exactly a specific value is

A. 1.00.
B. 0.50.
C. any value between 0 to 1.
D. 0.


Answer: D

Business

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Characteristics of ideal standards include all of the following except:

a. They generally give rise to unfavorable variances. b. They may cause personnel to become discouraged. c. They take into account normal waste and spoilage. d. They provide a maximum objective for which to strive to improve efficiency.

Business

Answer the following statements true (T) or false (F)

1. The Taft-Hartley Act makes it illegal for workers (or their unions) to engage in boycotts. 2. As a result of a labor dispute with WaveMakers (a boat manufacturing company), the union organizes a national boycott of WaveMaker boats. When the boycott proves to be unsuccessful in pressuring WaveMakers to concede to the union demands, the union extends its boycott to several other boat manufacturers, hoping they will influence WaveMakers to settle. This action is legal under the Taft-Hartley Act. 3. It is legal for a union and management to negotiate a contract that requires the employer to hire only union workers. 4. The right-to-work provision in Taft-Hartley allows states to pass laws that prohibit unions and management from negotiating union or agency shop agreements. 5. After a successful union organizing attempt at a manufacturing plant in Tennesse, the owners refuse to bargain an initial contract with the union, arguing the state's right-to-work law allows them to "refuse" union representation. The employer's interpretation of the law is correct.

Business

Pearle runs her small business with an iron fist. She feels that her employees should know on a regular basis how they are doing with regard to their performance and with reaching the strategies and goals that she has laid out. Although it sounds like a tough work environment, her employees are happy because they have a high sense of involvement and security. What flow of communication direction does Pearle’s business have?

a. Lateral b. Horizontal c. Downward d. Upward

Business

Goods made to order are typical of ________ and ________ approaches while goods made to forecast are typical of ________ and ________ approaches

A) process, mass customization; repetitive, product B) product, mass customization; repetitive, process C) product, process; repetitive, mass customization D) repetitive, product; mass customization, process E) repetitive, process; mass customization, product

Business