In practice, we frequently use a continuous distribution to approximate a discrete one when the number of values the variable can assume is countable but very large

Indicate whether the statement is true or false

T

Business

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Industrial goods can be classified as ________, capital items, or suppliers and business services based on their relative cost and how they enter the production process

A) service components B) sub-assemblies C) accessories D) specialty goods E) materials and parts

Business

When McDonald's and other fast food restaurants offer "value menu" items at surprisingly low prices, they are most likely using ________ pricing

A) break-even B) target profit C) good-value D) cost-plus E) target return

Business