Are gender of patrons and drinking preference independent? Explain
P(W|F) = 0.867, and P(W) = 0.40 . Since P(W|F) P(W), we conclude that the two events are dependent. In other words, drinking preference depends on the gender of patrons.
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In a business hierarchy, which of the following levels is responsible for monitoring the daily activities of the business?
The two most widely used methods for determining the cost of inventory are
A) FIFO and LIFO B) FIFO and average C) LIFO and average D) gross profit and average
Ed, a businessperson, is a friend of Fran, the owner of a candy store. Every day, Ed spends five minutes in Fran's candy store, looking at the candy and usually buying one or two candy bars. One afternoon, Ed goes into the store, looks at the candy, and picks up a $1 candy bar. Ed waves the candy at Fran without saying a word and walks out. Is there a contract? If so, how would it be classified in terms of formation, performance, and enforceability?
What will be an ideal response?
When a new issue of stock is brought to market, the marginal investor determines the price at which the stock will trade.
Answer the following statement true (T) or false (F)