A method of assigning probabilities based on historical data is called the

a. classical method
b. subjective method
c. relative frequency method
d. historical method


C

Business

You might also like to view...

In place of _____________, a worksheet is a useful device to help in the preparation of a statement of cash flows

Fill in the blank(s) with correct word

Business

Social class as a marketing tool:

a. indicates which medium to use for promotion. b. is solely a measure of income level and education. c. offers few insights concerning consumer behavior. d. has demonstrated that all classes of consumers shop in the same stores.

Business

Cognitive styles attributed to successful entrepreneurs include a higher degree of ______.

a. single-mindedness, self-discipline, and willpower b. intelligence, creativity, and self-efficacy c. selflessness, emotional intelligence, and self-motivation d. attention to detail, positivity, and adaptability

Business

In a PERT network, non-critical activities that have little slack need to be monitored closely:

A) because PERT treats all activities as equally important. B) because near-critical paths could become critical paths with small delays in these activities. C) because slack is undesirable and needs to be eliminated. D) because they are causing the entire project to be delayed. E) because they have a high risk of not being completed.

Business