2. Hang Up and Drive : Check out this snippet from Family Circle magazine (January, 2009, Liz Plosser): Motorists who talk on a cell phone while driving are 9% slower to hit the brakes, 19% slower to resume normal speed after braking and four times more likely to crash. Interesting, eh? Need more information? Sorry, that's all the information this article provided. So, what can we conclude? How reliable are these results? Can you believe what the author tells you? Why or why not? Pretend you're a manager for one of the major cell phone service providers in the U. S. You've been asked by a major news magazine to speak to these "accusations." What would you say? Use your knowledge of "statistics for managers" to level some well-founded criticisms of the conclusions above. Careful! We cannot use personal opinions to battle statistics like these! Instead, you must explain why the numbers reported in Family Circle may, or may not, accurately represent the population of U. S. drivers. There are 100 possible answers to this conference topic. You need only provide a single idea, to get the conversation rolling. Leave some material for others to contribute. Be sure that your contribution explicitly references what we've read and practiced in the class so far. It is your classmates' job to support or refute what you've said.

As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage

Freese, inc., is in the process of preparing the fourth quarter budget for 2016, and the following data have been assembled: the company sells a single product at a price of $70 per unit. the estimated sales volume for the next six months is as follows: september 15,600 units october 14,400 units november 16,800 units december 24,000 units january 10,800 units february 12,000 units all sales are on account. the company's collection experience has been that 30% of a month's sales are collected in the month of sale, 68% are collected in the month following the sale, and 2% are uncollectible. it is expected that the net realizable value of accounts receivable (i.e., accounts receivable less allowance for uncollectible accounts) will be $396,032 on september 30, 2016. management's policy is to maintain ending finished goods inventory each month at a level equal to 30% of the next month's budgeted sales. the finished goods inventory on september 30, 2016, is expected to be 2,520 units. to make one unit of finished product, 6 pounds of materials are required. management's policy is to have enough materials on hand at the end of each month to equal 40% of the next month's estimated usage. the raw materials inventory is expected to be 21,168 pounds on september 30, 2016. the cost per pound of raw material is $5, and 70% of all purchases are paid for in the month of purchase; the remainder is paid in the following month. the accounts payable for raw material purchases is expected to be $79,758 on september 30, 2016. a. prepare a sales budget in units and dollars, by month and in total, for the fourth quarter (october, november, and december) of 2016.

To determine customer opinion of their safety features, daimler minus chrysler randomly selects 120 service centers during a certain week and surveys all customers visiting the service centers.