Posterior probabilities are _____ probabilities.

A. independent
B. marginal
C. joint
D. conditional


Answer: D

Business

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We accomplish which of the following when offering supportive feedback?

A. we reduce the importance of the message B. reduce intensity of one’s feelings C. we wonder why the person is worrying about it D. we pass judgment on whoever the person is talking about

Business

The marketing manager of Refresh Inc., a leading producer of soft drinks, is considering a differentiated marketing strategy. An important consideration is weighing increased sales against ________ before selecting this strategy

A) decreased production B) increased demand C) increased costs D) decreased prices E) increased profits

Business

During June, Cisco Company produced 12,000 chainsaw blades. The standard quantity of material allowed per unit was 1.5 pounds of steel per blade at a standard cost of $8 per pound. Cisco determined that it had a favorable materials usage variance of $1,000 for June. Calculate the actual quantity of materials Cisco used

A) 17,875 pounds B) 12,125 pounds C) 11,875 pounds D) 18,125 pounds

Business

Many nations, especially those of Latin America, follow the ______ Doctrine, which holds that contractual dispute cases should be tried under local, and not foreign, law.

Fill in the blank(s) with the appropriate word(s).

Business