Compare and contrast a probability mass function and a probability density function
What will be an ideal response?
A probability mass function represents all the outcomes of a discrete random variable while a probability density function represents all the outcomes of a continuous random variable. The probability mass function has the following two properties: 1 ) the probability of each outcome must be between 0 and 1 and 2 ) the sum of all probabilities must add to 1. A probability density function has the following properties: 1 ) f(x) ? 0 for all values of x and 2 ) The total area under the function above the x?axis is 1.0.
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When it comes to programmed value patterns which orientation looks at how cultures respond to the uncertainty of the future?
A. power distance B. individualism versus collectivism C. masculinity versus femininity D. uncertainty avoidance
A high price-earnings ratio generally means that investors are optimistic about a company's future growth.
Answer the following statement true (T) or false (F)
Daily highs in Sacramento for the past week (from least to most recent) were: 95, 102, 101, 96, 95, 90 and 92. Develop a forecast for today using a 3-day moving average
What will be an ideal response?
Which of the following was a major contributing factor in the conception of the marketing concept?
A. The Great Depression during the 1930s that made consumers reluctant to spend B. Unavailability of the overwhelming number of choices of products sold by marketers C. Marketers' attempt to provide goods and services that met customer needs D. Long-term customer relationships that gained momentum post World War II