Seven students have applied for merit scholarships. This year 3 merit scholarships were awarded. If a random sample of 3 applications (from the population of 7) is selected,
a. what is the probability that 2 students were recipients of scholarships?
b. what is the probability that no students were the recipients of scholarship?
a. 0.2143
b. 0.1143
Business
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____ is a development method in which the manager is presented with a written description of an organizational problem to diagnose and solve.
Fill in the blank(s) with the appropriate word(s).
Business
Which of the following is a disadvantage of owning a sole proprietorship?
(A) You can lose all your personal property if your business fails. (B) You have to follow more government regulations than other businesses. (C) You cannot sell your business to anyone without a permit to do so. (D) You must get your city's permission to close your business.
Business