Almost all of the data from a normal distribution fall within ________ standard deviations of the mean
Fill in the blank with correct word.
Answer: ±3
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Factor analysis examines the whole set of interdependent relationships among variables
Indicate whether the statement is true or false
Ad-on International is an advertising company. It estimated the overhead costs for March, 2014, to be $950,000 and direct labor hours to be 5,000 hours. In March, it incurred overhead costs of $1,150,000 and 5,100 labor hours. What is the overapplied or underapplied overhead for Ad-on International for March, 2014?
A) $181,000 underapplied B) $181,000 overapplied C) $19,000 underapplied D) $19,000 overapplied
When inventory costs are declining, __________ generally results in a lower amount of reported cost of goods sold.
What will be an ideal response?
In process layouts, the process facilities are shared by a wide variety of different products. Consequently, ______.
a. the relative positioning of the various departments is a compromise b. the relative positioning of the various departments is usually a perfect solution c. the relative positioning of the various departments is an expensive solution d. the relative positioning of the various departments is a quick solution