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Let A be the event of School A wins. Let B be the event of School B wins. Then A’ = Event of the School A fails and, B’ = Event of the School B fails Therefore P(A’) = 1 - 3/7 = 4/7 P(B’) = 1 - 3/5 = 2/5 Required Probability = P(A) × P(B’) + P(B) × P(A’) = 3/7 × 2/5 + 3/5 × 4/7 = 6/35 + 12/35 = 18/35
The inventory costs of services include:
Place or distribution is extremely important to the managing services because of which unique characteristic of services?
A diamond shop that only carries diamonds, could be best classified as a(n):
A web page that serves as a publicly accessible personal journal and online forum for an individual or organization is referred to as a:
The type of demand forecasting, which is based on data from customer surveys is known as _________.
Information provided by one firm on household demographics and lifestyle, purchases, TV viewing behaviour, and responses to promotions is called:
The model of the modern complex marketing system outlines that _______ participate(s) and facilitate(s) a firm’s marketing function.
Most advertising messages are made up of two types of elements. They are:
Which of the following terms defines the monetary value of final goods and services — that is, those that are bought by the final user - produced in ...
Which of the following is NOT a function of price?
