The random variable x is the number of occurrences of an event over an interval of ten minutes. It can be assumed that the probability of an occurrence is the same in any two-time periods of an equal length. It is known that the mean number of occurrences in ten minutes is 5.3 . The probability that there are 8 occurrences in ten minutes is

a. .0241
b. .0771
c. .1126
d. .9107


b

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?Consider a fixed-payment security that pays $100 at the end of every year for five years. If the annual rate of discount is 7 percent, the present value of the security is

A. ?$142.64. B. ?$410.02. C. ?$789.34. D. ?$999.63.

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A selective investment strategy, which invests in customers who have high customer lifetime value, is detrimental to the strategic objectives of the marketing plan

Indicate whether the statement is true or false

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Which of the following is true about Herzberg’s Two-Factor Theory?

a. An employee appreciates hygiene and motivator factors at different times. b. Any motivating factor will motivate all employees all the time. c. Herzberg believed that by providing hygiene factors, managers could motivate employees to perform much better. d. Responsibility is considered a hygiene factor. e. Job benefits such as health insurance and maternity leave are motivators.

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The opportunities a firm decides to pursue may depend on its resources and capabilities.

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

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