A Markov assumption is that the probabilities in each row sum to ________ because they are mutually exclusive and collectively exhaustive

Fill in the blank with correct word.


Answer: 1 (one)

Business

You might also like to view...

Singer and McMann are partners in a business. Singer's original capital was $40,000 and McMann's was $60,000 . They agree to salaries of $12,000 and $18,000 for Singer and McMann, respectively, and 10% interest on original capital. If they agree to share remaining profits and losses on a 3:2 ratio, what will Singer's share of the income be if the income for the year is $15,000?

a. $9,000 b. $2,400 c. $1,000 d. $5,600

Business

Web analytics is the process of analyzing where consumers went on a brand's website, what they did within the website, and what other websites were visited

Indicate whether the statement is true or false

Business

Tests designed to measure such mental abilities as verbal skills, quantitative skills, and reasoning ability are referred to as ________ tests.

A. physical ability B. job performance C. personality inventories D. cognitive ability E. honesty

Business

Insuring a factory is classified as a(n) __________-level activity in an activity-based costing system

A) operations B) batch C) unit D) facility

Business