The standardized normal distribution has a mean of 1.0 and a standard deviation of zero.
Indicate whether the statement is true or false
Question 2Regarding the phrase time is money, what type of effect does time seemingly have on money?
a. positive effect
b. no effect
c. little effect
d. negative effect
Question 3Packaging is
a. critical to logistics.
b. critical to manufacturing.
c. critical to product differential.
d. a factor in outsourcing.
Question 4The determination of the size of a sales force is usually done via some estimation of expected
a. price point.
b. expense.
c. workload.
d. quality of the sales representatives.
Question 5One hundred percent of the scores in a normal distribution fall within plus or minus two standard deviations of the mean.
Indicate whether the statement is true or false
Question 6Gender, age and income are all qualities of what segmentation base?
a. geographic
b. psychological
c. education
d. demographic
Question 7A project layout is
a. a floor plan of the production facility.
b. a fixed location layout where the product remains in place for the duration of production.
c. a product-focused layout in which machines and workers are arranged according to the progressive sequence of operations.
d. a process-focused layout that groups together similar equipment or functions.
Question 8BizCo is a B2B firm specializing in selling highly complex computer networking systems and software that allow clients to work more efficiently. Mark is the VP of Sales at BizCo and is concerned about some of the complaints he's received from customers and prospective customers. Which of the following is one of the complaints Mark is MOST likely to hear?
a. The salesperson never sought my business..
b. The product I purchased was not delivered on time..
c. The salesperson is not compensated enough..
d. The salesperson isn't following my company's buying process..
Question 9The normal distribution is a symmetrical, bell-shaped distribution that describes the expected probability distribution of many chance occurrences.
Indicate whether the statement is true or false
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