When a sample mean is compared against a standard for a large sample, which statistic is calculated?
a. t
b. p
c. |2
d. s
e. z
Answer: e. z
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When reducing project duration, the crash cost per unit has to be calculated and the maximum units each activity can be reduced must be known. After this, the critical path must be identified. What is the next step?
A. Find the activity with the lowest crash cost B. Calculate the optimum cost-time point C. Calculate indirect cost per time unit D. Calculate the crash point E. Find the activity with the steepest cost slope
Premium discounts may result from
a. safe driving record and prompt premium payment. b. good grades and long-term employment. c. multiple auto ownership and good credit rating. d. safe driving record and good grades. e. long-term employment and prompt payment of traffic tickets.
Which of the following factors is unique to B2B buying and is not typically found in B2C buying?
A. There are a limited number of large buyers, often geographically concentrated in a specific area. B. Demand is based on consumer needs and preferences. C. Decisions are usually made by individuals. D. Buyers engage in limited-term or one-time-only relationships with many different sellers. E. Most purchases are made at "list price" with cash or credit cards.
You started your first job after graduating from college. Your company offers a retirement plan for which the company contributes 50 percent of what you contribute each year. You expect to contribute $2,000 per year from your salary. You decide to invest the contributions in assets that you expect to earn 10 percent per year. If you plan to retire in 40 years, how big will you expect that retirement account to be?
A. $442,592.56 B. $885,185.11 C. $1,527,787.70 D. $1,327,777.67