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Operating risk is related to a company's cost structure and level of fixed costs in operations. It refers to the uncertainty about operating earnings arising from fixed (operating) costs. The higher the level of fixed costs in a company’s operations, the higher the operating risk, as it is more difficult for a company to adjust its costs according to the variation in sales. Operating risk is one of the two business risks, the other being sales risk (i.e. uncertainty of generating sales due to the variability in the price and volume of goods sold)
John is answering a survey with 3 questions, each with 2 options. Only one option is correct per question. If John answers randomly, what is the probabi...
A basket contains 3 pink, 4 blue and 5 yellow wools. If three wools are picked at random, what is the probability that either all are blue or either all...
In an examination, there are three sections namely Reasoning, Math, and English. The reasoning part contains 7 questions. There are 4 questions in the m...
The probability of selecting a rotten egg randomly from a basket of 600 eggs is 0.14. What is the number of rotten eggs in the basket?
Which of the following cannot be the probability of an event?
A box contains (x + 10) pencils, (x + 15) pens, and (x + 20) markers. The probability of drawing a marker from the box is (2/5). Find the number of pens...
What is the probability that three S’s come consecutively in the word ‘SUCCESSION’?
A bag contains 10 red books, 7 yellowbooks and 7 greenbooks . 3books are drawn randomly. What is the probability that the
A bowl contains 9 blue balls, 7 white, and 5 black balls. If 2 balls are drawn in one go, then the probability of exactly one ball being white is: