A company has a fleet of 200 vehicles. On average, 50 vehicles per year experience property damage. What is the probability that any vehicle will be damaged in any given year?
A) 10 percent
B) 20 percent
C) 25 percent
D) 50 percent
Answer: C
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Consider two stocks: A and B. The price of stock A is $400, while the price of stock B is $600. If the fundamental value of both stocks is $500,
A. stock A is overvalued and stock B is undervalued. B. stock A is undervalued and stock B is overvalued. C. both stocks are undervalued. D. both stocks are overvalued.
Simple interest on a $1,250,000, 9%, 15-month note is
A) $ 90,000. B) $112,500. C) $140,625. D) $168,750.
In which of the following is an oral communication method required?
A) Writing news articles B) Updating Facebook status C) Participating in teleconferences D) Updating wikis E) Tweeting
Which of the following is true of product modification?
a. It entails the creation of marketable new products. b. It necessitates the use of crowdsourcing to develop new ideas for a product. c. It goes beyond applied research by converting applications into marketable products. d. It makes cosmetic or functional changes to existing products.