The student body of a large university consists of 65% female students. A random sample of 8 students is selected. What is the probability that among the students in the sample at least 6 are male?
A. 0.0036
B. 0.1691
C. 0.4278
D. 0.0253
Answer: D
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The idea that if a sufficient number of people adopt the innovation, additional adoption of the innovation becomes self-sustaining, assuring future growth is known as ______.
A. late adopters B. early majority C. reciprocal interdependence D. critical mass
The following quote best describes ________. "The marvels of modern technology include the development of a soda can which, when discarded, will last forever, and a car, which when properly cared for, will rust out in two or three years."
A) planned obsolescence B) product failure C) deceptive promotions D) deceptive packaging E) excessive markups
Dan Company recently acquired two items of equipment. The transactions are described below: June 10: Acquired a press at an invoice price of $6,500, subject to a 2% cash discount which was taken. Costs of freight and insurance during shipment were $205 . Installation costs were $350. November 12: Acquired a welding machine at an invoice price of $4,000, subject to a 4% cash discount which was NOT
taken. Additional welding supplies were acquired at a total cost of $300. The increase in the equipment account as a result of the above transactions would be a. $10,525 b. $10,720 c. $10,925 d. $11,225
Answer the following statement(s) true (T) or false (F)
1. Jack McCarthy—founder of a business selling ugly Christmas sweaters online— had an entrepreneurial mindset because he was attuned to the unexpected. 2. A large market is required for a product or service to have value. 3. If an invention does not reach the market or appeal to consumers, then it will 4. Ideas need to be unique or novel to appeal to customers.be 5. Researchers have defined many formal methods of idea generation that are effective in the generation of new ideas for entrepreneurs.