Four percent of the customers of a mortgage company default on their payments. A sample of five customers is selected. What is the probability that exactly two customers in the sample will default on their payments?
a. 0.2592
b. 0.0142
c. 0.9588
d. 0.7408
B
Business
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John is involved in a work-school cooperation that involves him following around a professional in his or her field for a week. This is known as a/an
a. internship. b. shadowing. c. orientation. d. field training.
Business
The Society for Human Resource Management recommends that performance should be rated on a scale of
a. One to three b. One to five c. One to four d. One to seven
Business
Sketch and discuss the product-process matrix for manufacturing
What will be an ideal response?
Business
Because the Internet lowers barriers to entry in most industries, it
A. increases supplier power. B. increases the threat of new entrants. C. makes it easier to build customer loyalty. D. decreases the threat of new entrants.
Business