The Wilcoxon signed rank test assumes that the population distribution in the difference of paired samples:
A) follows a chi-square distribution.
B) follows a Poisson distribution.
C) follows a binomial distribution.
D) is symmetrical.
D
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________ decision making should be used when strong commitment to a decision is needed and there is a low probability of acceptance if the decision were to be made by one person.
Fill in the blank(s) with the appropriate word(s).
A business manufactures three similar products for eventual sale: J, K, and L. The selling prices are $30, $40, and $50, respectively. The variable costs of producing each are $25, $33, and $35, respectively. Each product must go through the same machine, and that machine is limited in its production to 1,800 hours per month. Product J takes 1 hour to process, Product K takes 2 hours, and Product
L takes 3 hours. What is the contribution per machine hour for product L? a. $15 b. $5 c. $3.50 d. $7
A counterproposal
a. is unnecessary if you have stated your refusal tactfully. b. weakens your refusal by implying that you are not able to enforce your decision. c. is an alternative to the action requested that helps preserve your future relationship with the receiver. d. should precede the refusal.
The ________ rule states that the offeree must accept the terms of an offer as stated in the offer.
A. auction B. mailbox C. mirror-image D. counteroffer