Each week American Stores receives a shipment from a supplier. The contract specifies that the maximum allowable percent defective is 5 percent. When the shipment arrives, a sample of 20 parts is randomly selected
If 2 or more of the sampled parts are defective, the shipment is rejected and returned to the supplier. Assume that a shipment arrives that actually has 4 percent defective parts and the distribution of defective parts is described by a binomial distribution. The probability that the shipment is rejected is approximately 0.19. Indicate whether the statement is true or false
TRUE
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Vicon Pharmaceuticals spends considerable effort testing and interviewing candidates for their sales positions, determining which candidates have the traits and characteristics needed for success. Vicon has developed ________________ to use in choosing sales reps.
A. Corporate visions B. Selection criteria C. Character references D. Performance indicators E. Industry guidelines
The constant growth dividend model requires that ________
A) the return rate r is greater than the growth rate g of the dividend stream B) the return rate g is greater than the growth rate r of the dividend stream C) the return rate r is lesser than the growth rate g of the dividend stream D) we set g = 0 if the return rate r is greater than the growth rate g of the dividend stream