What is the value for x when random number r is equal to two?

A) 0.117
B) 0.718
C) 2.482
D) 5.389


Answer: B

Business

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With respect to competitive advantage, share followers with above-average profits ________

A) have lower relative product quality B) have lower levels of capacity utilization C) have lower levels of price, and unit margin D) invest less aggressively in marketing as a percentage of sales, in comparison with competitors E) invest more in research and development (R&D) as a percentage of sales

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Under an experience-rating system, an employer can qualify for a lower state unemployment rate if fewer employees receive unemployment compensation

Indicate whether the statement is true or false

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Production cost reports prepared using the first-in, first-out (FIFO) method assume that the first units started in the production process are the last units completed and sold

Indicate whether the statement is true or false

Business

Which of the following statements is (are) true with respect to an equity-indexed annuity?

I. The maximum percentage gain is usually capped. II. There is no downside protection against loss of principal if the annuity is held to term. A) I only B) II only C) both I and II D) neither I nor II

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