If ty chooses a smartphone simply because he perceives it to be rated highest on megapixels, which he believes is the most important attribute in a smartphone, he is using a(n) lexicographic heuristic to help make his purchase decision. The study of heuristics analyzes how people make decisions when optimization is out of reach. It focuses on two questions, the first and descriptive, and the second is normative.
Answer: Purchases could be made from a vendor controlled by a buyer at prices higher than normal.
Explanation:
Based on the information given in the question, one possible fault of this system is that the purchases could be made from a vendor controlled by a buyer at prices higher than normal.
It should be noted that this system will help in curtailing the department managers buying unnecessary supplies. Also, payment cannot be made for supplies that are not received.
Answer:
Which is a correct statement regarding sandwich prices, based on the histogram? The distribution of sandwich prices is skewed left.
i hope this helps<3 :)
Answer:
29
Explanation:
Central limit theorem states that as a sample being studied grows larger the sampling distribution of samplings means tends to a more normal distribution. This is regardless of the shape of the population.
This holds true usually if the population size is n is equal or greater than 30 (that is greater than 29). It does not matter if the population is skewed or normal.
So with a sufficiently large population the means of each item will be the same as the population mean.
Answer:
A) employers of a business
Explanation:
Employers in business may be the management or business owners. As owners or managers, they are interested in the financial performance of the company. They are internal users of accounting information. Internal users evaluate and analyze accounting information to make critical decisions and take necessary actions to improve business performance and profitability.
External users are the lenders, investors, government agencies, suppliers, and the general public. Each will analyze the accounting information to guide them on how to further their interest in the business.
