Flexible Resources

question 135

Multiple Choice

Flexible resources

• A)are supplied as needed.
• B)are acquired from outside sources, not requiring a long-term commitment.
• C)have no unused capacity.
• D)all of the above.

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Definitions:

Probability

A measure of the likelihood that an event will occur.

Mutually Exclusive

Events or propositions that cannot both occur or be true at the same time.

P(A)

The probability of event A occurring in a given statistical experiment or context.

P(B)

Symbolically represents the probability of occurrence of event B in a statistical context.