A distribution of service times at a waiting line indicates that service takes 12 minutes 30 percent of the time and 14 minutes 70 percent of the time
In preparing this distribution for Monte Carlo analysis, the service time 13 minutes would be represented by what random number range?
A) 00 through 29
B) 01 through 30
C) 30 through 99
D) 31 through 00
E) None of these; 13 minutes is not a possible outcome.
E
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Tom and Tammy Evans were ready to purchase a home. The home was to serve as collateral for their mortgage loan. Two insurers declined to insure the home, citing "an adverse CLUE report."
Why would an insurer reject a homeowners insurance application because of an adverse CLUE report? A) because the previous owner had defaulted on the mortgage loan B) because the home is located in an area where the zoning law had been changed C) because there had been property insurance claims filed on the home's previous owner D) because the home is located in an area that does not have a certified fire department
Which one of the following information is NOT maintained by credit reporting agencies?
a. Supplier or creditor information such as sales volume and credit policies. b. Account information such as payment schedules, items purchased, and buying habits. c. Marketing information such as customer breakdowns by age, sex, and income levels. d. Consumer information such as addresses, ages, family members, and income.