Which of the following is NOT true about ratio-scaled data?
A) The origin of the scale is fixed.
B) Such data can be transformed by using y = bx.
C) All statistical techniques can be applied to such data.
D) Common examples include height and weight.
E) They can be transformed using y = a + bx.
E
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Azerbaijan imported wheat from Romania in exchange for crude oil and Vietnam exchanged rice for Philippine fertilizer and coconuts. Both scenarios are examples of which of the following?
A) convertible trade B) tariffs C) quotas D) protectionism E) countertrade
If Volkswagen sells cars to a dealer, who, in turn, sells to you, which of the following correctly describes the distribution strategy for this process?
A) No intermediaries were involved. B) One intermediary was involved. C) Three intermediaries were involved. D) This was a direct channel. E) There was no distribution strategy.