Which of the Following Statements Is False

question 55

Multiple Choice

Which of the following statements is false?

• A)carriers may be reluctant to accept small shipments because they require a high degree of manual labor
• B)some carriers believe that they lose money on small shipments
• C)consolidating small shipments into larger ones could result in poorer service to the final customer
• D)consolidating small shipments into larger ones likely results in higher inventory carrying costs
• E)all statements are true

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Definitions:

Standard Normal

A type of normal distribution with a mean of zero and a standard deviation of one, used as a reference to determine probabilities of a normal random variable.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, indicating how much the values diverge from the mean.

Normal Distribution

A type of continuous probability distribution for a real-valued random variable, characterized by a bell-shaped curve, symmetrical around its mean.

Variance

A measure of the dispersion indicating how much the numbers in a data set differ from the mean of the set.