The probability of the union of two events cannot be less than the probability of their intersection
Indicate whether the statement is true or false
TRUE
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In the second half of the 1990s, the average annual real return to the stock market was about _____ each year.
A. 23 percent. B. 10 percent. C. 5 percent. D. 2 percent.
When an employee has been fired without just cause, on what basis will a court award damages?
A) One month per year of service. B) Reasonable notice C) For junior employees, the notice period set out in provincial employment law D) for senior employees, the common law standard. E) One week per year of service
______ is the expected value of regret associated with each decision.
a. Expected value of perfect information b. Expected regret c. Expected loss d. Expected value
The steps in the closing process are (1) close credit balances in revenue accounts to Income Summary; (2) close debit balances in expense accounts to Income Summary; (3) close Income Summary to Retained Earnings; (4) close Dividends to Retained Earnings.
Answer the following statement true (T) or false (F)