The ages of students at a university are normally distributed with a mean of 21 . What percentage of the student body is at least 21 years old?
a. It could be any value, depending on the magnitude of the standard deviation
b. 50%
c. 21%
d. 1.96%
B
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a. True b. False Indicate whether the statement is true or false
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Indicate whether the statement is true or false
When a firm attempting to create unique products or services for particular market niches, in order to achieve relatively high profit margins, this is best known as
a. A quality strategy b. A low-cost leadership strategy c. A vertical integration strategy d. A product differentiation strategy
Which of the following equations can be used to compute the total materials variance? (A = Actual; S = Standard; Q = Quantity; P = Price)
A. (AQ × AP) ? (AQ × SP) B. (AQ × AP) ? (SQ × SP) C. (SQ × SP) ? (SQ × SP) D. (AQ × SP) ? (SQ × SP)