The Triple Bottom Line Is Defined as a Company's Commitment

question 41

True/False

The triple bottom line is defined as a company's commitment to operate in an economically, socially
and environmentally sustainable manner.

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Definitions:

Random Variable

A statistical variable whose outcomes are numeric and result from unpredictable events.

Binomial Distribution

A probability distribution that summarizes the likelihood that a value will take one of two independent states across a number of trials.

Binomial Probability Distribution

A probability distribution that summarizes the likelihood that a variable will take one of two independent values under a given set of parameters or assumptions.

Discrete Probability

Discrete probability involves probability distributions that deal with discrete random variables, which are variables that have specific, countable outcomes, such as rolling a die or flipping a coin.