The probability of a failure in a binomial experiment is denoted by ____________________

Fill in the blank(s) with correct word


1 - p

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You are planning to buy a stock, the risk on which is dependent on two factors: (1) the change in the inflation rate over the last year and (2) the spread between ten-year Treasury bonds and three-month Treasury bills.  Suppose the average risk-free interest rate is 3 percent. The beta coefficients of the stock associated with the change in inflation rate and the spread between ten-year Treasury bonds and three-month Treasury bills are -2 and 4 respectively. If you expect the inflation rate to rise 6 percentage point and you think the spread will be 8 percentage points. What is the expected return to this stock? Use the arbitrage-pricing theory.

A. 11 percent B. 12 percent C. 18 percent D. 23 percent

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

1. Some conflict can help teams and organizations be more creative and innovative. 2. Process conflict refers to a clash between individuals about the direction, content, or goals of a work assignment. 3. Relationship conflict is considered to be the most negative and dysfunctional type of conflict. 4. Accommodation conflict management is an attempt to adjust one’s views to play down differences between parties. 5. When parties use compromise as a conflict management strategy, there is a joint effort by all parties to find a solution beneficial to everyone.

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________ arise from language that is ambiguous or difficult to understand

A) Psychological barriers B) Semantic barriers C) Language barriers D) Physiological barriers E) Mixed messages

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Winning a sustainable competitive edge over competitors does not hinge on which of the following?

A. building competitively valuable expertise and capabilities not readily matched, and offering distinctive products B. having a distinctive competitive product offering C. building experience, know-how, and specialized capabilities that have been perfected over a long period of time D. building products and distributing them at low prices to a broad customer base irrespective of manufacturing cost E. having  hard-to-beat capabilities and impressive product innovation

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