Earthquake insurance:

A) is provided too cheaply by insurance companies
B) typically costs $1 per $20,000 protection
C) is sold in only a limited number of geographical markets
D) is bought by Californians only

C

Business

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What is most descriptive of the specific phase of an industry?

a. production is relatively inefficient b. a variety of different production processes are used c. a dominant design emerges d. customers do not have clearly defined preferences

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The hypergeometric random variable x counts the number of successes in the draw of 3

elements from a set of 8 elements containing 4 successes. List the possible values of x. What will be an ideal response?

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