A six-sided die is tossed 3 times. The probability of observing three ones in a row is
a. 1/3
b. 1/6
c. 1/27
d. 1/216
D
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Shares in Bonanza Inc. are trading at $100 per share on January 20. Gordon Gecko purchases a 10 day option for $1,000, to buy 50 shares of Bonanza at $100. Which of the following statements is FALSE?
A) On January 30, shares in Bonanza are $120. If Gecko exercises his option, he will have broken even. B) On January 30, Bonanza has gone down to $80. Gecko does not exercise his option. He has lost $1,000. C) There is no change in the price of the shares between January 20 and 30. If Gecko exercises his option, he will have broken even. D) There is no change in the price of the shares between January 20 and 30. Gecko declines to exercise his option. He has lost $1,000. E) Both C and D
Operating characteristics describe the methods used by the service process
Indicate whether this statement is true or false.
The service rate is the average time it takes to serve a customer
Indicate whether this statement is true or false.
Deliberate projects are unplanned projects that bring about new changes in an organization
Indicate whether the statement is true or false