Comstock Coal Distributors Does Not Mine Coal Itself

question 291

Multiple Choice

Comstock Coal Distributors does not mine coal itself. In fact, the firm does not even store or handle coal. Instead, Comstock solicits orders for low sulfur coal from other firms, then purchases the required amount from suppliers and directs them to ship the coal to its customers. Comstock is a:

• A) drop shipper.
• B) resource delivery facilitator.
• C) cash-and-carry wholesaler.
• D) limited distribution broker.

---

Definitions:

Confidence Interval

A selection of statistics, from analyzing samples, anticipated to house the covertly valued population parameter.

Standard Deviation

A statistic that denotes the dispersion or variability of a dataset relative to its mean, indicating how spread out the data points are.

Margin of Error

A statistic expressing the amount of random sampling error in a survey's results, indicating how much you can expect the survey results to reflect the views of the overall population.

Probability

The measure of the likelihood that a particular event will occur, expressed as a number between 0 and 1.