An assumption of Markov analysis is that the probability of moving from a state to all other states sum to ________
Fill in the blank with correct word.
Answer: 1 (one)
Business
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Lee pays 1% per month interest on his credit card account. When his monthly rate is multiplied by 12, the resulting answer is referred to as:
a. annual percentage rate b. compound rate c. effective annual rate d. perpetual rate e. simple rate
Business
You can tell tech support specialist Tyler has passive-aggressive tendencies when he ________
A) comes to work late at least once a month B) accesses a sports website a few minutes every workday C) did not warn you about a virus that he knew was going to destroy your desktop D) purchases a $900 leather carrying case for his tools
Business