The most commonly used statistics associated with frequencies are measures of location and measures of variability

What, typically, is used to calculate the opportunity cost of capital on a risk-free investment?

A) the best expected return offered in any investment available in the market B) the interest rate on U.S. Treasury securities with the same term C) the interest rate of any investments alternatives that are available D) the best rate of return offered by U.S. Treasury securities

An inaccurate cost function with a slope coefficient that is estimated too low may most likely result in ________

A) predicting total costs that are too high B) initiating cost cutting measures when they are unnecessary C) evaluating a weak manager as having strong performance D) promoting a product that is actually more profitable than budgeted