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Sum Square of Error is equal to:

OPTIONS Sum Squares due to Pure Error + Sum Squares due to Lack of Fit Sum Squares due to Pure Error – Sum Squares due to Lack of Fit Sum Squares due to Lack of Fit-Sum Squares due to Pure Error None of the above...
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Which of the following models is ideal for informal communication?

OPTIONS Water-cooler discussion Presentation E-mail Group meeting ANSWER Water-cooler discussion EXPLANATION For business level meetings and formal discussions, we use group meeting, emails and presentations. While informal discussions can happen anywhere, like over coffee, canteen area, near water-cooler, etc.
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How does production smoothing reduce waste?

OPTIONS By producing intermediate goods at a constant rate By producing non commercial goods at a constant rate By eliminating undersold goods from the production line By reducing undersold goods from the production line ANSWER By producing intermediate goods at a constant rate EXPLANATION In...
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