A Business Venture Can Result in the Following Outcomes (With

question 22

Multiple Choice

A business venture can result in the following outcomes (with their corresponding chance of occurring in parentheses) : Highly Successful (10%) ,Successful (25%) ,Break Even (25%) ,Disappointing (20%) ,and Highly Disappointing (?) .If these are the only outcomes possible for the business venture,what is the chance that the business venture will be considered Highly Disappointing?

• A)10%
• B)15%
• C)20%
• D)25%

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Definitions:

Streaming

The process of transmitting or receiving data (especially video and audio material) over the internet in a continuous flow.

Clustering

The method of categorizing a collection of items so that those within the same category are more alike to each other than they are to items in different categories.

Preferred Provider Organization

Preferred Provider Organization (PPO) is a type of health insurance plan that offers a network of healthcare providers, allowing policyholders to receive services at a discounted rate.

Health Maintenance Organization

A type of health insurance plan that typically restricts patients to a network of doctors and hospitals in order to control costs.