Why is a representative sample important?
What will be an ideal response?
ANS:
A representative sample matches, as closely as possible, the characteristics of the population. It is important to have a representative sample so that the research results based on the sample can be generalized to the population.
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Asset accounts on the manufacturing company work sheet do not include
a. Factory Overhead; b. Factory Equipment; c. Work in Process Inventory; d. Materials Inventory; e. Finished Goods Inventory
McDonald Industries is considering the purchase of a $180,000 machine that is expected to result in a decrease of $20,000 per year in cash expenses. This machine, which has no residual value, has an estimated useful life of 15 years and will be depreciated on a straight-line basis. For this machine, the accounting rate of return would be
a. 4.4 percent b. 8.9 percent c. 11.1 percent d. 22.2 percent
Constraints in a transshipment problem
a. correspond to arcs. b. include a variable for every arc. c. require the sum of the shipments out of an origin node to equal supply. d. All of these are correct.
Instructions: Indicate the order in which the names in each group should be arranged in an alphabetic file by listing the letters of the names in correct order
(a) Miller & Hall, Inc (b) Milton J. Hall (c) Howard B. Miller Correct Order ___________