To estimate a parameter, you need to know the sample statistic, which is either a mean or percentage derived from sample data
Indicate whether the statement is true or false
TRUE
Business
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Which of the following is NOT one of the risk mitigation tactics for the supply chain risk category of suppliers failing to deliver?
A) use multiple suppliers B) effective contracts with penalties C) subcontractors on retainer D) require overnight delivery E) pre-planning
Business
Optimal risk reduction takes place when combining assets whose correlation coefficient is 0.0
Indicate whether the statement is true or false.
Business