An experiment consists of determining the speed of automobiles on a highway by the use of radar equipment. The random variable in this experiment is a
a. discrete random variable.
b. continuous random variable.
c. complex random variable.
d. categorical random variable.
b
RATIONALE: Probability is the numerical measure likelihood that an outcome occurs.
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Lewis offers to make digital copies of Motivational Sales Company's business conference videotapes, CDs, DVDs, and other media for $500. Under the mailbox rule and the UETA, Motivational Sales' acceptance by e-mail will be considered effective when
a. received. b. sent. c. followed up by a confirmation letter sent by regular mail. d. composed on a Motivational Sales computer.
Corporate property is not subject to a mechanics' lien
Indicate whether the statement is true or false
In general, the more liquid an investment is, the ________ the return you will receive
A) lower B) higher C) less predictable D) There is no relationship between liquidity and return.
Arbitrators do not have to be attorneys
a. True b. False Indicate whether the statement is true or false