At a subway station the waiting time for a subway is found to be uniformly distributed between 1 and 5 minutes. What is the probability density function for this uniform distribution?
f(x) = 1/4, 1 ? x ? 5
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Which of the following statements is not true?
a. Assets are available resources for the owner of a sole proprietorship; b. Some steps in the accounting cycle occur during the fiscal period; c. Information in one financial statement may also appear in another financial statement; d. After the closing process is completed, every account has a zero balance; e. Collecting receivables is not part of the accounting cycle
Which of the following is the best example of relationship marketing?
A. Gate Corp. uses personal selling till the provider stage to reach individual customers. B. Venus Inc. focuses on using print media to have a wide reach. C. Fin Corp. focuses on short-term gains through one-time transactions. D. Kite Inc. uses mass media to communicate with its target audience. E. Felix Inc. develops a long-term link with individual customers for mutual benefit.
What term indicates the difference between assets and liabilities?
A. net assets B. trade benefits C. physical assets D. accrual liabilities
A supermarket has developed an analog model to aid in its site-selection process. The model contains variables such as _____
a. traffic counts, visibility, and manager ability b. trading-area population and expected market share c. disposable income, retail sales, and population d. competition, store size, and total retail sales