When a Business Is Operating at a Small Percentage of Its

question 6

Multiple Choice

When a business is operating at a small percentage of its capacity, the strategy should be to:

• A) increase capacity.
• B) increase sales.
• C) reduce promotion.
• D) all of the above.

---

Definitions:

Population Variances

The measure of the spread of a population's data points from their mean.

Sample Variances

The measure of variability that quantifies the spread of data points in a sample dataset around the mean.

Population Variances

The measure of how data points in an entire population are spread out, calculated as the average of the squared differences from the mean.

Sample Variances

A measure of the spread or dispersion within a set of sample data, calculated as the average of the squared differences from the sample mean.