The use of the relative frequency method to develop discrete probability distributions leads to what is called a
a. binomial discrete distribution
b. empirical discrete distribution.
c. non-uniform discrete distribution.
d. uniform discrete distribution.
b
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As a country increases its borrowing to finance its foreign trade deficit, interest rates are driven up.?
Answer the following statement true (T) or false (F)
Which of the following is a type of financial security issued by a corporation in need of capital?
A) bonds B) preferred stock C) common stock D) all of the above
Under cumulative voting, a 10% shareholder will likely be able to elect 10% of the board of
directors. Indicate whether the statement is true or false
One full-time clerical worker is needed for every 750 accounts receivable. The total wages of the accounts receivable clerks is an example of a:
A. step-variable cost. B. curvilinear cost. C. mixed cost. D. fixed cost.