A scatter plot wherein the dots form an ellipse can be described as a positive relationship.

a. true
b. false

Ans: a. true

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A firm offered 3/10, net 30 as terms of trade credit on a $1,000 invoice dated January 1. How much must the purchaser offer to pay in full on January 4th?

A) $1,000.00 B) $970.00 C) $971.16 D) $1,030.00

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"If anything can go wrong it often will" is an articulation of:

A) Taylor's Theorem. B) Pinto's Postulate. C) Murphy's Law. D) The Pareto Principle.

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