Michael Porter five-forces model can help us identify industry that is more attractive and more likely to generate higher profits when one of the following is TRUE: Group of answer choices The industry is easy to enter Buyers are relatively strong Suppliers relatively weak There is a higher degree of rivalry between firm within the industry .

1. Michael Scott is interested in whether the type of cake at his birthday party affects how much fun
his employees had at the party. He buys three types of cakes: mint chip ice cream cake, chocolate
cake, and strawberry cake. After tasting each cake, Michael Scott has all employees fill out a
questionnaire measuring how much fun they had at the party (where low scores indicate less fun
and high scores indicate more fun). The data are listed below; please find and report the
population mean, population standard deviation, population variance, and range for each type of
cake. Note: All answers should be numeric (i.e. no letters or words). Range = 2 = (Please round
to the nearest hundredths place) = (Please round to the nearest hundredths place)