The probability that Pete will catch fish when he goes fishing is .8 . Pete is going to fish 3 days next week. Define the random variable x to be the number of days Pete catches fish. The probability that Pete will catch fish on exactly one day is

a. .008
b. .096
c. .104
d. .8


b

Business

You might also like to view...

Which data collection mode requires interviewers to "navigate around gatekeepers"?

A) gatekeeper interviewing B) in-office interviewing C) CATI and CAPI D) CAPI and CATS E) gatekeeper interviewing

Business

To pierce the corporate veil means to ignore the corporate structure, exposing the shareholders to personal liability

a. True b. False Indicate whether the statement is true or false

Business

Which of the following would be typical of a Statement of Cash Flows for a healthy firm in a sustainable business?

A) Cash flow from operations is negative, cash flows from investment activities and financing activities are positive. B) Cash flow from operations , investment activities and financing activities must all be positive. C) Cash flow from operations is positive, cash flows from investment activities and financing activities are negative. D) If the Statement shows a net increase in cash, the source is unimportant.

Business

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

1. A petty cash fund may be established for minor expenditures, such as postage. 2. A petty cash fund is established by making a check payable to Petty Cash, cashing the check, and placing the funds in the cash register. 3. The journal entry to record the set-up of a petty cash fund is to debit Petty Cash and to credit Cash. 4. The total of cash in the petty cash box plus the amount of the petty cash ticket receipts should total the beginning amount of the petty cash fund. 5. Because petty cash funds are for small dollar amounts, internal control policies to govern the fund are not necessary. 6. Syrio's Snowboards has decided to increase its petty cash fund from $50 to $100. The journal entry to record this increase will include a debit to petty cash for $100.

Business