Consider Firm a and Firm B That Both Produce the Same

question 9

Multiple Choice

Consider Firm A and Firm B that both produce the same product. Firm A would more likely have more stable cash flows if its percentage of foreign sales were ____ and the number of foreign countries it sold products to was ____.

• A) higher; large.
• B) higher; small
• C) lower; small
• D) higher; large

---

Definitions:

Sample Space

Every conceivable outcome that a statistical trial might produce, gathered together.

Experiment

An experiment is a methodologically designed study that manipulates variables to determine their effect on an outcome, allowing for the testing of hypotheses and cause-and-effect relationships.

Outcome

The result or consequence of an action, experiment, or process, often used in statistical analyses to describe the possible results of a study or trial.

Event

An occurrence or happening, especially one of significance and often timed, such as a meeting, conference, or sports game.