The probability that Pete will catch fish when he goes fishing is .88. 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. 0.880.
B. 0.038.
C. 0.040.
D. 0.960.
Answer: B
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ABC, Inc., is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hr of sewing machine time and up to 150 hr of cutting machine time. Production of one shirt requires 3 hr of sewing time and 1 hr of cutting time. Each pair of pants requires 2 hr of sewing time and 1.5 hr of cutting time. Each shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. Let X1 = Number of shirts to be produced, X2 = Number of pairs of pants to be produced. Determine the value of X1 and X2 (that maximizes profit) using corner point method.
A. X1 = 0, X2 = 100 B. X1 = 120, X2 = 0 C. X1 = 84, X2 = 24 D. X1 = 24, X2 = 84
A note is a long-term debt security that is secured by some form of collateral.
Answer the following statement true (T) or false (F)
QN=3 In the first step of the communication process, the sender transmits the message.
a. true b. false
The International Monetary Fund has been especially aggressive in recent years in its efforts to force poor nations to repay the money they owe on IMF loans
a. True b. False Indicate whether the statement is true or false