In a production process, the total time consumed by all tasks is 300 minutes. The total time available is 270 minutes. Given this information, which of the following statements is FALSE?
a. The balance efficiency is .9.
b. The balance inefficiency is 10%.
c. The balance efficiency is 33%.
d. The balance inefficiency is 90%.
c. The balance efficiency is 33%.
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A company should try to retain a customer only as long as the cost to discourage defection is lower than the lost profit
Indicate whether the statement is true or false
A sample size of 1000 is used to test a structural model of advertising effectiveness for the Coca-Cola
company. The results show that a significant relationship exists between advertising effectiveness and sales. The estimated value of the standardized path estimate is .035. The Coca-Cola management dismisses the finding. Why? A) The sample size is probably too small. B) The sample size is probably too large. C) The relationship is trivial. D) The model fit is poor. E) None of the above
Nonverbal communication is culture bound
Indicate whether the statement is true or false.
Random samples of size 17 are taken from a population that has 200 elements, a mean of 36, and a standard deviation of 8. The mean and the standard deviation of the sampling distribution of the sample means are
A. 8.7 and 1.94. B. 36 and 1.94. C. 36 and 1.86. D. 36 and 8.