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Liula [17]
2 years ago
13

By definition, empirical probability is equal to:

Business
1 answer:
lidiya [134]2 years ago
7 0

By definition, empirical probability is equal to C. Number of successful trials/Total number of trials.

<h3>What is an empirical probability?</h3>

It should be noted that empirical probability simply means a experimental probability that is based on historical data.

In this case, by definition, empirical probability is equal to the number of successful trials divided by the total number of trials.

Learn more about empirical probability on:

brainly.com/question/16972278

#SPJ1

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The notes to a recent annual report from Weebok Corporation indicated that the company acquired another company, Sport Shoes, In
ikadub [295]

Answer: $230,500

Explanation:

Goodwill is the amount over the value of a company that is purchased for.

Fair market value is the relevant value used in goodwill calculation because it represents the current value of the assets acquired.

Goodwill = Acquisition price - Fair market values of the assets

= 511,000 - 35,000 - 183,000 - 46,500 - 16,000

= $230,500

8 0
3 years ago
Which of the following is an essential part of being an entrepreneur?
Molodets [167]

Answer:

B. Taking risks.

Explanation:

4 0
3 years ago
The trading principle formulated by adam smith maintained that:
erma4kov [3.2K]
The correct answer is D. Absolute cost differences regulate the immediate basis for trade
Absolute gain is the ability of a country, separate, company or region to make a good or service at a lower cost per unit than the cost at which any other individual produces that same good or service.
6 0
3 years ago
Well over 50% of all projects fail. Research and discuss how the planning process plays an important role in the success or fail
BigorU [14]

Answer:

Project planning plays an essential role in helping guide stakeholders, sponsors, teams, and the project manager through other project phases. Planning is needed to identify desired goals, reduce risks, avoid missed deadlines, and ultimately deliver the agreed product, service or result.

Explanation: The key in planning is to look at each of the knowledge areas below and make sure you and your team will address each of these areas in ways that will help reach all the end goals.

Communications

Costs

Human resources

Procurement

Quality of deliverables

Business requirements

Risks

Schedules

Project scope

Stakeholders

The key to a successful project is in the planning. Creating a project plan is the first thing you should do when undertaking any project.

Often project planning is ignored in favor of getting on with the work. However, many people fail to realize the value of a project plan for saving time, money and many problems.

7 0
3 years ago
If we have eight decisions to make and 3 choices for each decision, how can we represent the number of potential outcomes
AveGali [126]

We can represent the number of potential outcomes by 3 to the power 8.

<h3>What is permutation and combination?</h3>

Permutation relates to the act of arranging all the members of a set into some sequence or order.

We can assume, for two choices, we have one decision. This can be represented as, since we have eight decisions,

Representation of the potential outcomes are:

= 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1 + 3^1

= 3^8

= 6,561

Learn more about permutation and combination here: brainly.com/question/21014199

#SPJ1

3 0
1 year ago
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