A merger is the consolidation of one firm with another
Indicate whether the statement is true or false
TRUE
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A goal programming problem had two goals (with no priorities assigned). Goal number 1 was to achieve a cost of $3,600 and goal number 2 was to have no wasted material
The optimal solution to this problem resulted in a cost of $3,900 and no wasted material. What was the value for the objective function for this goal programming problem? A) 300 B) -300 C) 3300 D) 0 E) None of the above
Which of the following is true of outliers in a data set?
A) All outliers should be eliminated in order to portray accurate information. B) Outliers that are within 1 standard deviation of the mean must be eliminated. C) The mean and range are sensitive to outliers in the data. D) Outliers do not make any difference in the results obtained from statistical analyses.