The fax machine in an office is very unreliable. If it was working yesterday, there is an 90% chance it will work today. If it was not working yesterday, there is a 5% chance it will work today
(a) What is the probability that it is not working today, if it was not working yesterday?
(b) If it was working yesterday, what is the probability that it is working today?
(a) 0.95
(b) 0.90
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Explain the business market purchase decision process by taking a fictional company through the six stages of the process.
What will be an ideal response?
Tipplers Delight is a liquor store that sells a wide assortment of alcoholic beverages. Tipplers Delight is an example of a _____
a. supermarket b. specialty store c. supercenter d. drugstore
The ________ of influencing attempts to arouse people's enthusiasm.
What will be an ideal response?
An American firm that builds a factory abroad for the building of component parts to be shipped back to the United States does not qualify for OPIC insurance
Indicate whether the statement is true or false