A static simulation model is used in situations where the state of the system affects how the system changes or evolves over time
a. True
b. False
Indicate whether the statement is true or false
False
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What is a sample? Name the two cross-sectional approaches used to obtain a sample. How many people would you need to sample in a population of 500,000 to arrive at a five percent margin of error?
What will be an ideal response?
You are writing an email message to your company supervisor to obtain approval for a budget expenditure. The most appropriate salutation and complimentary close would be
a. Dear sir; Sincerely b. Hi!; Later c. The salutation and complimentary close are omitted d. Max; Thank you
Puffery involves ________
A) offering a free item to a customer who buys an item at a regular price B) advertising one product at a low price to entice customers into the store and then switching their attention to a higher-priced product C) making an exaggerated recommendation in a sales talk to promote the product D) using factually wrong statements to promote a product
Which sentence is expressed correctly?
A) Underinflation reduces the life of a tire; however, overinflation may cause a blowout. B) Today's travelers demand connections, consequently, every one of our hotel rooms offers wireless Internet access. C) Local governments are charged with maintaining local infrastructure; thus, many municipalities must collect a tax to fund such projects.