If a penny is tossed three times and comes up heads all three times, the probability of heads on the fourth trial is
A. 0.
B. 1/16.
C. 1/2.
D. larger than the probability of tails.
Answer: C
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Whenever the property of one party is placed in the control of another, a(n) ________ relationship exists between the two
A) intermediary B) beneficiary C) judiciary D) fiduciary
We use the times interest earned ratio to compare interest payments with a company's income available to pay those charges.
Answer the following statement true (T) or false (F)
Which of the following is NOT a characteristic of assignment problems?
a. Costs appear in the objective function only. b. The RHS of all constraints is 1. c. The value of all decision variables is either 0 or 1. d. The signs of constraints are always <.
Sensitivity analysis:
A) is more difficult to conduct than simulation analysis. B) provides its user with the rate of return that corresponds to the project's IRR. C) is affected primarily by the interrelationships between project variables. D) indicates which variable(s) need to be most closely monitored. E) provides limited information and therefore is rarely used in practice.