Which of the following serves as a definition for decision variables for recency and frequency?

a. 1 if customers in a given recency and frequency should not be reached; 0 otherwise
b. 1 if customers in a given recency and frequency should be reached; 0 otherwise
c. 1 if customers in a given recency or frequency should not be reached; 0 otherwise
d. 1 if customers in a given recency or frequency should be reached; 0 otherwise

B

Business

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Discuss the trend toward increased regional economic integration.

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The number of cell phone minutes used by high school seniors follows a normal distribution with a mean of 500 and a standard deviation of 50. What is the probability that a student uses between 400 and 500 minutes?

A) 0.4773 B) 0.05228 C) 0.0228 D) 0.9773 E) None of the above

Business