A salesperson who provides a client with money-saving products and problem-solving ideas is serving the role of:

A. acquaintance.
B. adversary.
C. adviser.
D. negotiator.
E. friend.


Answer: C

Business

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Sometimes called a sensitivity analysis, a what-if analysis allows you to study how changing one or more values affects the results.  Please briefly describe the following terms related to performing a what-if analysis: decision variables, constants, and output variables.

What will be an ideal response?

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Expressed in percentiles, the interquartile range is the difference between the:

a. 10th and 60th percentiles b. 15th and 65th percentiles c. 20th and 70th percentiles d. 25th and 75th percentiles e. 35th and 85th percentiles

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In a multiple regression model, the error term ? is assumed to be a random variable with a mean of

a. zero b. -1 c. 1 d. any value

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