When a customer enters a store there are three outcomes that can occur: buy nothing, buy a small amount, or buy a large amount. In this situation, if a customer buys a large amount, he or she cannot also buy a small amount or buy nothing. Thus the events are:
A) all inclusive.
B) mutually exclusive.
C) dependent events.
D) independent.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When a customer enters a store there are three outcomes that can occur: buy nothing, buy a small amount, or buy a large amount. In this ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Suzi owns 100 shares of AB stock. She expects to receive a $238 in dividends next year. 12) Investors expect the stock to sell for $46 a share one year from now.
Answers (1)
If the government currently has a budget deficit, then a. government expenditures are greater than taxes. b. it does not necessarily have a debt. c. its debt is increasing. d. all of the above are correct.
Answers (1)
Allyson Gomez invests $8,000 today in an investment that earns 6 percent per year (compounded annually) for 25 years. The average inflation rate is expected to be 1.8 percent per year.
Answers (1)
Sudoku Company issues 24,000 shares of $9 par value common stock in exchange for land and a building. The land is valued at $227,000 and the building at $369,000.
Answers (1)
Winnebago Industries, Inc. is a leading manufacturer of motor homes. Suppose Winnebago reported ending inventory at August 29, 2017, of $46,850,000 under the LIFO inventory method.
Answers (1)
New Questions in Business
When a country saves a larger portion of its GDP than it did before, it will have
Answers (1)
The classified Balance Sheet will subsection the assets section as follows a. Current Assets and Property, Plant, and Equipment b. Other Assets and Property, Plant and Equipment c. Current Assets and Short-Term Assets d.
Answers (1)
What is the present value of $500.00 to be paid in two years if the interest rate is 5 percent? a. $476.25 b. $500.00 c. $550.00 d. $453.51?
Answers (1)
A company estimates that warranty expense will be 4% of sales. The company's sales for the current period are $233,000. The current period's entry to record the warranty expense is:
Answers (1)
Dollywood Corporation accumulates the following data concerning a mixed cost, using miles as the activity level.
Answers (1)