Cyclical influences on demand may come from occurrences such as political elections, war, or economic conditions.
Answer the following statement true (T) or false (F)
True
Cyclical influence on demand may come from such occurrences as political elections, war, economic conditions, or sociological pressures.
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________ is the number of magazine copies distributed to original subscribers or purchasers.
A. Pass-along circulation B. Guaranteed circulation C. Total circulation D. Tangential readership E. Primary circulation
Global Airlines operates two types of jet planes: jumbo and ordinary. On jumbo jets, 25% of the passengers are on business, while on ordinary jets 30% of the passengers are on business. Of Global's air fleet, 40% of its capacity is provided on jumbo jets. (Hint: You have been given two conditional probabilities.)
a. What is the probability a randomly chosen business customer flying with Global is on a jumbo jet? b. What is the probability a randomly chosen non-business customer flying with Global is on an ordinary jet?
If X and Y are random variables with E(X) = 6 and E(Y) = 9, then E(2X + 3Y) is:
a. 39 b. 15 c. 27 d. 12
Solve each of the following for the base. Round amounts to the nearest two decimal places
a. 55% of __________ = 110 b. 1.25% of __________ = $16 c. 120% of __________ = 4.2