Megan is examining the likelihood of people riding the subway. The dependent variable takes on the value of 1 if the individual rides the subway and 0 otherwise. Therefore, she could use logistic regression to examine this question.

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


True

Business

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Which of the following is not true of the maintenance cycle?

A) A standard is set based on prior improvements, which locks in these improvements. B) Actions are taken after the standard is set. C) The results of the actions are checked to ensure that performance conforms to the new level. D) If the performance does not conform to the new level, nothing else can be done. E) All of these are true.

Business

Of Mintzberg’s five structures, which one emphasizes the need for standardization and formalization of processes, and low skilled but specialized staff?

a. Simple structure b. Machine bureaucracy c. Divisionalized form d. Standardized bureaucracy

Business

The journal entry for the purchase of treasury stock includes a credit to Cash

Indicate whether the statement is true or false

Business

At the optimal order quantity (EOQ), the total annual ordering cost is given by ______.

a. (Annual demand * EOQ) / Ordering cost per order b. (Annual demand + EOQ) * Ordering cost per order c. (Annual demand – EOQ) – Ordering cost per order d. (Annual demand / EOQ) * Ordering cost per order

Business