A probability is a numerical statement about the chance that an event will occur

Indicate whether the statement is true or false


TRUE

Business

You might also like to view...

What do marketers achieve by awarding exclusives to certain journalists? What is one possible way to provide an exclusive to more than one connector?

What will be an ideal response?

Business

Attempting to exceed a sustainable capacity for an extended period of time can lead to an effect known as?

a. Economies of scale b. Distribution of effort c. Diseconomies of scale d. Overreaching scale

Business

Forecasts are usually classified by time horizon into which three categories?

A) short-range, medium-range, and long-range B) finance/accounting, marketing, and operations C) strategic, tactical, and operational D) exponential smoothing, regression, and time series E) departmental, organizational, and industrial

Business

?A project's terminal value is _____.

A. ?the present value of all the cash outflows including the initial cost of investment B. ?the cash inflow in the last year of the project C. ?the sum of the future values of the cash inflows compounded at the firm's required rate of return D. ?the sum of the cash inflows after full recovery of the initial investment in the project E. the excess of the cash outflows over the cash inflows generated by the project?

Business