In order to generate random numbers in Excel® from a discrete distribution with a finite number of possible values and corresponding probabilities, we can use:

a. only the RAND function
b. only the VLOOKUP function
c. only the VLOOKDOWN function
d. the RAND function along with a VLOOKUP function


d

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Mr. Davidson, who owns 17 percent of his company's shares, is displeased with the six incumbent directors of the corporation

He proposes a slate of directors consisting of five other persons and himself to become members of the board of directors of the corporation and replace the incumbent directors. In the proxy contest, Mr. Davidson manages to acquire proxies from shareholders who control only 35 percent of the company's shares. Which of the following is true in this context? A) The shareholders who voted for Mr. Davidson's slate of directors will constitute 35 percent of the new board of directors. B) The incumbent directors will continue to form the board of directors. C) The proxy contest did not establish a clear majority, so another proxy contest must be held. D) The slate of directors proposed by Mr. Davidson will form the new board of directors.

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To protect themselves from unpredictable events, most purchasing managers seek several dependable sources of supply.

Answer the following statement true (T) or false (F)

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Price differentiation is

A. a form of competition-based pricing. B. a form of cost-based pricing. C. a form of demand-based pricing. D. focused on achieving fewer sales but at higher prices. E. focused on selling different goods for different prices.

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A LAN consists of a shared transmission medium and a set of

hardware and software for interfacing devices to the medium and regulating the orderly access tothe medium. Indicate whether the statement is true or false

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