For dealing with uncertainty in the capital budgeting process, all of the following techniques can be used except:
a. Real options analysis.
b. Monte Carlo simulation.
c. Linear programming.
d. What-if analysis.
e. Scenario analysis.
c. Linear programming.
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A leading task helps combat procrastination because it is
a. an easy, warm-up task to help phase into a project. b. so important, a person would be embarrassed not to accomplish the task. c. closely linked to leadership. d. closely linked to a career breakthrough.
The State Department of Forests has determined that annual tree growth in a particular forest area is normally distributed with a mean equal to 17 inches and a standard deviation equal to 6 inches
Based on this information, it is possible for a randomly selected tree not to have grown any during a year. Indicate whether the statement is true or false