Write the number in words.A large cooperation earned approximately $1,400,000,000.
A. One million, four thousand dollars
B. One billion, four million dollars
C. One billion, four hundred thousand dollars
D. One billion, four hundred million dollars
Answer: D
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Convert 600 minutes to hours.__________ hr
Fill in the blank(s) with the appropriate word(s).
Find the requested probability.A box contains the following mixture of colored marbles: 2 black, 1 red, 2 yellow, and 3 green. What is the probability of drawing, in order, a yellow marble, a red marble, and a black marble if the three marbles are drawn without replacement?
A.
B.
C.
D.
Solve the problem.A company has three different marketing strategies that produce different results depending upon whether inflation is above 6%, between 3% and 6% inclusive, or below 3% annually. The experts cannot predict inflation for the next year. The company has three plans of action and will implement these at varying percentages of its total operation. The payoff matrix for these three plans is given below, with values given in hundred thousands. What is the market strategy for the company that will yield the best expected value?
A. The company should use Plan 1 with probability 1, Plan 2 with probability 0, and Plan 3 with probability 0. B. The company should use Plan 1 with probability 0, Plan 2 with probability 1, and Plan 3 with probability 0. C. The company should use Plan 1 with probability 5/13, Plan 2 with probability 0, and Plan 3 with probability 8/13. D. The company should use Plan 1 with probability 1/3, Plan 2 with probability 1/3, and Plan 3 with probability 1/3.
Solve the problem.The profit from the expenditure of x thousand dollars on advertising is given by Find the marginal profit when the expenditure is
A. 700 thousand dollars B. 580 thousand dollars C. -85 thousand dollars D. 1060 thousand dollars