Statistics involves two different processes, describing sets of data and drawing conclusions about the sets of data on the basis of sampling

A) True B) False

.

A

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International trade theory shows that nations will attain a higher level of living by specializing in goods for which they possess a comparative advantage and importing those for which they have a comparative disadvantage.

a. true b. false

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Justin Thyme used to run one batch each of 500 As, 300 Bs and 100 Cs every month but now he runs a batch of 5 As, 3 Bs, and 1 C every half day with the use of:

A) single-digit setups. B) andon lights. C) mixed-model assembly. D) push method.

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