The normal approximation to the Wilcoxon signed rank sum test statistic is used whenever the sample size is large (more than 30)
Indicate whether the statement is true or false
T
Business
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When the terms are FOB shipping point, the seller pays the freight costs.
a. true b. false
Business
Which of the following is a disadvantage of using the historical cost-plus approach to arrive at a selling price?
A) It does not include the shipping and ancillary charges as part of a product's cost. B) It ignores demand and competitive conditions in the target markets. C) It fails to address the indirect manufacturing costs that a company is likely to incur. D) It cannot be used by companies that are new to exporting products.
Business