________ is a knowledge area that concerns contracts with outside vendors for services, materials, and outsourcing of functions

When using a(n) ________, the respondent is typically asked to rate a brand, store, or some other object in terms of bipolar adjectives, such as cold and warm

A) Likert scale B) Stapel scale C) balanced rating scale D) semantic differential E) image scale

A local computer store is running a sale on the first 99 flat panel monitors sold. There is an equally likely chance of 0-99 units being sold. Each monitor cost $250, and profit is $10 per monitor sold

That is, profit equals -$250 + $10X, where X = the number of monitors sold. The mean amount you would expect to sell is 49.5 units. (a) Calculate the expected profit. (b) Simulate the sale of 10 items, using the following double digit random numbers: 47, 77, 98, 11, 02, 18, 31, 20, 32, 90. (c) Calculate the average profit in (b) above, and compare with the results of (a) above.