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- Which items display the frequency of occurrence for count or categorical data?1 bar charts, histograms, dotplots2. box plots, histograms, dotplots3 Pareto charts, box plots, bar charts4 Pareto charts, bar chartReflective Paper 1 Mulling over M & M In the 1930s Spanish Civil War, Forrest Mars saw soldiers eating chocolate pelletswith a hard shell to carry these chocolates easily without the risk of melting. This gavehim an idea, and the M&M’s Plain Chocolate Candies were introduced in the USAmarket in 1941.The product was a hit with the American soldiers and U.S. Army became its first bigcustomer as it gave the soldiers an option to carry chocolate in tropical climates withoutmelting. In 1949, the brand introduced the tagline “Melt in your mouth, not in yourhand,” and this led to a considerable increase in its sales because it delivered on asolid insight, especially from parents who did not like to see their children making amess when eating chocolate. M&M’s are button-shaped chocolate-filled candies withhard shells surrounding a filling which varies depending upon the type of M&M’s. Theproduct is available in various colors – red, yellow, orange, brown, green, and…Reflective Paper 1 Mulling over M & M In the 1930s Spanish Civil War, Forrest Mars saw soldiers eating chocolate pelletswith a hard shell to carry these chocolates easily without the risk of melting. This gavehim an idea, and the M&M’s Plain Chocolate Candies were introduced in the USAmarket in 1941.The product was a hit with the American soldiers and U.S. Army became its first bigcustomer as it gave the soldiers an option to carry chocolate in tropical climates withoutmelting. In 1949, the brand introduced the tagline “Melt in your mouth, not in yourhand,” and this led to a considerable increase in its sales because it delivered on asolid insight, especially from parents who did not like to see their children making amess when eating chocolate. M&M’s are button-shaped chocolate-filled candies withhard shells surrounding a filling which varies depending upon the type of M&M’s. Theproduct is available in various colors – red, yellow, orange, brown, green, and…
- Reflective Paper 1 Mulling over M & M In the 1930s Spanish Civil War, Forrest Mars saw soldiers eating chocolate pelletswith a hard shell to carry these chocolates easily without the risk of melting. This gavehim an idea, and the M&M’s Plain Chocolate Candies were introduced in the USAmarket in 1941.The product was a hit with the American soldiers and U.S. Army became its first bigcustomer as it gave the soldiers an option to carry chocolate in tropical climates withoutmelting. In 1949, the brand introduced the tagline “Melt in your mouth, not in yourhand,” and this led to a considerable increase in its sales because it delivered on asolid insight, especially from parents who did not like to see their children making amess when eating chocolate. M&M’s are button-shaped chocolate-filled candies withhard shells surrounding a filling which varies depending upon the type of M&M’s. Theproduct is available in various colors – red, yellow, orange, brown, green, and…When it first debuted, Telsa was selling its Model 3 sedan for $35,000. The Model 3 was priced substantially less than Tesla’s other models at the time, however, it had similar quality and input costs. In charging such a low price, it is most likely that Tesla is trying to: A. Create more value without capturing more value B. Capture more value without creating more value C. Create and capture more value D. None of the aboveWhich of the following graphical presentations is not appropriate for categorical data? Pareto chart scatter plot bar chart pie chart
- Describe the trade off between achieving a zero AQL and a positive AQL such as an AQL of 2 Percent ?The basic principle behind the ________ is the capability to separate the vital few categories from the trivial many categories. scatter plot bar chart Pareto chart pie chart------------- in a purchase is often high for expensive products , since the consequences of making the wrong decisions can be significant . a) perceived dissonance b) the opportunity cost C) involvement C)negative value D) temporal cost If we don't have a ----------, it will be difficult to determine to what extend the pattern of results we find in the sample is also true to the entire population. a)staggered sample b) snowball sample c) refined sample c)population based sample d) probability sample
- Some account balances, such as those for pensions and leases, are the result ofcomplex calculations. The susceptibility to material misstatements in these types ofaccounts is defined as(1) audit risk.(2) detection risk.(3) inherent risk.(4) sampling risk.You harvest 50 tomatoes. You notice that the tomatoes vary in size and weight. If someof the tomatoes were exposed to extra sunshine or irrigation, this would be a commoncause variation. True or false?a. Trueb. FalseLO9-25. You meaWhich of the following variables would lineartrend extrapolation be more accurate for? (a) An-nual population of the United States or (b) annualsales of cars produced in the United States byFord. Why?