From a portion of a probability distribution, you read that P(demand = 1 ) is 0.05, P(demand = 2 ) is 0.15, and P(demand = 3 ) is .20. The cumulative probability for demand = 3 would be which of the following?

A) 0.133
B) 0.200
C) 0.400
D) 0.600
E) Cannot be determined from the information given.

E

Business

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A partial payment of proceeds to cover final expenses is paid to someone not designated as a beneficiary but acting in a legal or fiduciary capacity. This is provided in which provision?

A. Automatic Premium Loan B. Payor Benefit C. Cost of Living D. Facility of Payment

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In aggregate planning, the amount of overtime and the size of the work force are both adjustable elements of capacity

Indicate whether the statement is true or false

Business