If the probability of a number of people waiting is 0.10, the probability of one person waiting is 0.09, and the probability of two people waiting is 0.08, what is the probability of three or more people waiting?
a. 0.27
b. 0.73
c. 0.90
d. Cannot be determined
B
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Offensive strategic market plans are strategies that ________
A) have a 1-year time horizon B) are ineffective at growing sales revenue C) reduce the long-run share position D) limit short-run profit performance E) result in short-term profits without any additional investment
Inventory control performs the formal record keeping function for fixed assets
Indicate whether the statement is true or false
Describe how the mindset regarding supply chain security has changed over time.
What will be an ideal response?
Which of the following statements concerning the required rate of return on stocks is true?
A) If risk is reduced, the required return will decrease because more investors are risk-averse. B) The higher the risk, the higher the required return, other things being equal. C) The required return on preferred stock is generally higher than the required return on common stock. D) The higher an investor's required rate of return, the higher the value of the stock.