Answer:
.793
Explanation:
Formula
.032=.7^2*.17^2+.3^2*.23^2+2(.7)(.3)(.17)(.23)p
.032=.0142+.0048+.0164p
.032-.0142-.0048=.0164p
.0164p=.013
p=.013/.0164
p=.793
C: They charge extremely high interest rates.
Answer:
Customer-focused compensation strategy
Explanation:
Customer-focused compensation strategy is the rating system where the employees are rated based on the way customers are being serviced. In this scenario, Mich Inc. is rating its employees on their friendliness, usefulness, and product knowledge, so the compensation strategy followed by Mich is closely described as a customer-focused strategy.
Probability of someone in that age bracket dying this year would be .001
Explanation:
A degree in Risk Management is a form of academic degree granted to students in a post-secondary program focused on Risk Management. A student, university and business school may earn risk management degrees.
The sum of confusion that occurs in a given situation.
For example, if the heads are selected in a coin toss, the amount of risk involved is 50 per cent, as there is a 50 per cent probability that every coin toss will end up with tails. See also the Theory of Large Number, Odds and Probability.