Answer:
a. Yes. It is a probability density function because \sum f(x) =1
. b. probability MCC will obtain more than 30 new clients=P(40)+P(50)+P(60)= 0.20+0.35+0.20=0.75
c. probability MCC will obtain fewer than 20 new clients= P(10)= 0.05
d.
x f(x) x*f(x) x*x*f(x)
10 0.05 0.5 5
20 0.1 2 40
30 0.1 3 90
40 0.2 8 320
50 0.35 17.5 875
60 0.2 12 720
1 43 2050
expected value = \sum xf(x) = 43
Variance = 2050-43^2= 201
Explanation:
A long-term competitive advantage that is not easily to duplicate or surpassable by the competitors.
it allows the firm to earn excess returns for its shareholders.
a house, duh, clothing can be hung and stored, potato chips are bagged, a magazine is almost useless, but a house needs plants trimmmed and rooms cleaned and taking care of bugs and such
it is intrapersonal, and i know that for a fact.
