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pav-90 [236]
4 years ago
3

What does the R in the acronym smart stand for

SAT
1 answer:
Viefleur [7K]4 years ago
7 0
It stands for Relevant:

S- Specific
M- Measurable
A- Assignable
R-Relevant
T-TIme-based
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If we observe the price of a good or service rising then the most likely cause is increase in demand or a temporary surplus?
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Industry standards suggest that 9 percent of new vehicles require warranty service within the first year, Jones Nissan in Sumter
aleksklad [387]

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so probability none of these vehicles requires warranty service  is 0.389416

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given data

new vehicles require warranty service π  = 9 % = 0.09

sold nissan n = 10

solution

As we know here binomial probability formula that is

P(x) = _nC_x \ \pi ^x \ (1-\pi )^{n-x}    ......................1

so we use here combination formula that is

_nC_r = \frac{n!}{r!(n-r)!}    .................2

so probability none of these vehicles requires warranty service  is

P(0) =  _{10}C_0 \ \pi ^0 \ (1-\pi )^{10-0}

P(0) = \frac{10!}{0!(10-0)!} (0.09^0) (1-0.09)^{10}

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so probability none of these vehicles requires warranty service  is  0.389416

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