The Cromwell Construction Company has the opportunity to enter into a contract to build a mountain road. The following table shows the probability distribution for the profit that could occur if it takes the contract:
Profit Probability
$30,000 0.15
$50,000 0.20
$70,000 0.30
$100,000 0.35
Based on this information, the probability of profit being at least $70,000 is 0.65.
Indicate whether the statement is true or false
TRUE
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Which of the following statements is true concerning intangible assets?
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Military pay often exceeds what service members would earn in their civilian jobs.
Answer the following statement true (T) or false (F)
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