The estimated class width for a frequency distribution using grouped quantitative data should be rounded to an integer value to make the class boundaries more readable

Indicate whether the statement is true or false

TRUE

Business

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What is the screening and concept testing stage of the new-product development process used to do?

a. refine the promotion campaign to be used with the new product b. eliminate undesirable ideas and predict consumer acceptance c. determine the potential profits to be gained from the new product d. generate new product ideas

Business

David has a Homeowners 3 policy that provides $280,000 of insurance on his dwelling, which has a current replacement value of $400,000

Ignoring any deductible, how much will David collect if a roof with a replacement value of $16,000 but an actual cash value of $10,000 is destroyed in a fire? A) $10,000 B) $12,000 C) $14,000 D) $16,000

Business