The number of accidents that occur annually on a busy stretch of highway is an example of:
A. a sample space.
B. a probability distribution.
C. a random variable.
D. None of these choices.
Analysis:
A. Correct. This is an example of a sample space.
B. Incorrect. This is an example of a sample space.
C. Incorrect. This is an example of a sample space.
D. Incorrect. This is an example of a sample space.
ANSWER : A
You might also like to view...
In the current rate, assets and liabilities translated
A. at the rate in effect the day the balance sheet is produced. B. at the LIBOR rate on the day before the translation is prepared. C. at the rate in effect the day the original transaction was posted. D. using an average of the rate of the preceding 10 days.
Which of the following statements related to business card exchange is incorrect?
a. U.S. persons only exchange business cards when there is a reason to contact the person later. b. Business cards for use internationally should be white with black ink. c. Present the business card with the left hand only in Africa. d. Present the business card with both hands in Japan.
Purchasing materials in higher volumes has the advantage of reducing ______.
A. unit cost of material B. costs associated with storing these materials C. avoiding the possibility of having a surplus of finished products D. price charged to customer
What is the Balanced Scorecard?
What will be an ideal response?