A light bulb manufacturer claims his light bulbs will last 500 hours on the average. The lifetime of a light bulb is assumed to follow an exponential distribution
a. What is the probability that the light bulb will have to replaced within 500 hours?
b. What is the probability that the light bulb will last more than 1000 hours?
c. What is the probability that the light bulb will last between 200 and 800 hours?
a. .632
b. .135
c. .468
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A. perception checking B. etiquette and manners C. paraphrasing D. semantics
The questions "What is the firm's current status?" and "In which direction should it be heading?" are evaluated in which retail strategy stage?
a. philosophy of business b. situation analysis c. strategy determination d. implementation and analysis
Payments under the provisions of the Federal Insurance Contributions Act (FICA) are also known as:
A. income tax. B. Social Security tax. C. property tax. D. capital gains tax. E. marginal tax.
Anna transfers, to her mother Mildred, the right to use Anna's second home so long as Mildred is alive. This is known as:
a. a fee simple b. a fee absolute c. a life estate d. a tenancy e. a lease