MAT 540 Quiz 4 1.___________is maximized in the objective function by subtracting cost from revenue Profit Revenue Cost Productivity 2. In a media selection problem‚ instead of having an objective of maximizing profit or minimizing cost‚ generally the objective is to maximize the audience exposure True False 3. Media selection is an important decision that advertisers have to make. In most media selection decisions‚ the objective of the decision maker is to minimize cost. True False 4. The owner
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Week Three: 1. Why should you never designate minor children as your primary beneficiary‚ but instead put assets intended for them into a trust? a. Because they cannot be trusted to manage their own money b. Because their guardians will likely mismanage the funds c. Because minors cannot legally inherit money d. Because the money will be held in probate court for over a year 2. Having a durable power of attorney for health care (PoA) in place is a good idea in the event that a. your physician
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1. Question : (TCO 1) Which of the following is a mental process? Student Answer: INCORRECT thinking feeling reading CORRECT a and b Instructor Explanation: See Chapter 1‚ p. 4 Points Received: 0 of 2 Comments: 2. Question : (TCO 2) Because Timothy was laughed at by his second grade peers‚ he was reluctant to speak out in class. This is a demonstration of which goal of psychology? Student Answer: INCORRECT describing behavior CORRECT
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the bones in the hand. She had gone through a list of them when her phone rang. After she gets off the phone‚ she is MOST likely to remember the first few bone names because of the ________. Answer Selected Answer: primacy effect Question 4 2 out of 2 points In the 1950s‚ George Miller estimated the number of items that could be stored in short-term memory to be the magic number __________. Answer Selected Answer: 7‚ plus or minus 2 Question 5 2 out of 2 points In the
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Quiz 2 Chapters 4 & 5__TEAM A week 5________________________ 1) Use the standard normal distribution to find P(-2.25 < z < 1.25). A) .0122 B) .8821 C) .8944 D) .4878 P(-2.25 < z < 1.25) = F(1.25) - (1 - F(2.25)) = 0.89435 - (1 - 0.987776) = 0.882126 2) Before a new phone system was installed‚ the amount a company spent on personal calls followed a normal distribution with an average of $ 900 per month and a standard deviation of $50 per month. Refer to such expenses as PCE’s (personal call
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Received: 4 of 4 Comments: 2. Question : (TCO 1) Which of the following is not a part of the societal product classification of strategic norms? Student Answer: Elimination of deficient products Incorporation of pleasing qualities into salutary products Incorporation of salutary qualities into pleasing products CORRECT Elimination of salutary qualities into pleasing products Instructor Explanation: Belz & Peattie: Chapter 2‚ page 27. Points Received: 4 of 4 Comments:
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1. Question : (TCO A) There is a decrease in the cost of labor for producing bicycles. (4 pts.) What happens to bicycle supply? (6 pts.) What happens to bicycle demand? Student Answer: When there is an increase in the price of labor for making bicycles the supply would decrease because it would cost more to make the bikes and the supply curve would shift to the left. There would be no change in the demand for the bicycles. Instructor Explanation: Since a change in costs to produce the
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Statistics – Lab Week 4 Name: MATH221 Statistical Concepts: * Probability * Binomial Probability Distribution Calculating Binomial Probabilities * Open a new MINITAB worksheet. * We are interested in a binomial experiment with 10 trials. First‚ we will make the probability of a success ¼. Use MINITAB to calculate the probabilities for this distribution. In column C1 enter the word ‘success’ as the variable name (in the shaded cell above row 1. Now in that same column
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http://accounting4management.com/direct_labor_rate_variance.htm#pqUTOT7ClOOtMr4F.99 (b) Direct labor hours (c) Machine hours 3. (TCO 1) List and briefly describe four of the five differences between managerial accounting and financial accounting 4. (TCO 2)The following information is available for Sappy’s Surgical Shears for the fiscal year ending December 31‚ 20XX. Beginning balance in Finished Goods $ 17‚000 Ending balance in Finished Goods 15‚200 Beginning
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Correct B.False Answer Key: B Question 3 of 10 10.0 Points Which of the following is not a required element for a valid contract in the United States A.offer B.acceptance Correct C.price D.consideration Answer Key: C Question 4 of 10 10.0 Points The Statute of Frauds: A.requires parties to attest that they are honest B.mandates that parties must have legal capacity to enter a contract C.turns a contract into a criminal case if fraud is present Correct D.requires
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