What is the probability that less than two of the 20 new microwaves sold will require a warranty repair in the first 90 days?


P(X < 2) = 0.7358

Business

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An exponential trend is appropriate when the time series changes by a constant percentage each period.

Answer the following statement true (T) or false (F)

Business

Suppose you are the owner of a successful electric-powered, environment-friendly scooter company and plan to launch your product in India. Pick either the cost leadership or differentiation strategy and explain how you bring the scooter to India. Will you have to alter the design at all? What difficulties could the Indian market pose, and how will your strategic plan deal with them?

What will be an ideal response?

Business

If you are speaking with colleagues online and in real-time while giving information about an upcoming product launch, you are giving a(n) ________ presentation

A) impromptu B) podcast C) traditional D) virtual

Business

What is a bond's seniority?

A) the bondholder's priority in claiming assets in the event of default B) clauses restricting a company from issuing new debt C) the yield to maturity of a bond as compared to bonds of comparable rating D) the issue price of the bond as compared to its face value

Business