On a control chart, a type I error occurs when the employee concludes that the process is in control when it is actually out of statistical control

Indicate whether the statement is true or false

FALSE

Business

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When the sales price per unit decreases, the contribution margin per unit ________

A) increases proportionately B) increases C) remains the same D) decreases

Business

Courts are more likely to uphold an exemption clause in a contract between two companies than if the contract is between a consumer and a company

Indicate whether the statement is true or false

Business