What is the first step in estimating the population value for an average?

A) Calculate the standard error of the average.
B) Calculate the standard deviation of the metric variable.
C) Calculate the average of the metric variable.
D) Find the limit.
E) Find the upper and lower boundaries.

C

Business

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The needs and policy relating to backup and archive should be determined ______

A. as a final step B. during the system planning stage C. during security testing D. after recording average data flow volume

Business

The "just-in-time" concept of inventory management is best illustrated by:

A. A clothing manufacturer that sells all of its finished goods before they go out of style. B. A defense contractor that completes its projects within the deadlines set by its customer (the federal government). C. A pharmaceutical firm that consistently brings new products to market ahead of its competitors. D. A homebuilder who has its suppliers deliver lumber and other building materials to the building site the night before these materials will be used by the company's construction crews.

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