To establish a probability distribution, the relative frequency for each possible outcome of the variable is found by dividing the frequency of observation by the total number of observations

Indicate whether the statement is true or false

TRUE

Business

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_____ is defined as the number of target customers who are exposed to a commercial at least once during a specific period.

Fill in the blank(s) with the appropriate word(s).

Business

Grayville Rock and Gravel, located in a seaport town, sells rock, gravel, and sand to local markets. It has just been awarded a contract with a company 500 miles down the coast. Management should consider switching from truck to ________ transport

A) water B) rail C) pipeline D) air E) reverse

Business