Which of the following statements about the risk reduction is correct?
A) When the probability distribution is non-normal, risk cannot be reduced by increasing the pool size.
B) After the pool size has reached 36, risk can no longer be reduced any further.
C) Risk is reduced as the pool size increases.
D) All of the above are correct.
C
Business
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The cost of an asset is $1,000,000, and its residual value is $290,000. Estimated useful life of the asset is five years. Calculate depreciation for the first year using the double-declining-balance method of depreciation
A) $284,000 B) $400,000 C) $200,000 D) $142,000
Business
M&M allows consumers to put names and works on their candy, this is an example of ________
A) product personalization B) brand personality C) personality traits D) extroversion personality
Business