Of the last 100 customers entering a computer shop, 25 have purchased a computer. If the classical probability assessment for computing probability is used, the probability that the next customer will purchase a computer is:
A) 0.25
B) 0.50
C) 1.00
D) 0.75
B
Business
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Harry, the owner of a convenience store, is the insured under a business overhead policy. Were Harry to become disabled, the policy would cover all of the following EXCEPT
A) the rent B) the store manager's salary C) utility bills D) Harry's salary
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Four components of time series are trend, moving average, exponential smoothing, and seasonality
Indicate whether the statement is true or false
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