Chuck,Marie and Tommy Are a Group of Friends Who Have

question 72

Multiple Choice

Chuck,Marie and Tommy are a group of friends who have formed a LLC to raise capital for an investment in 20 franchises of Rigby's,a new sports bar concept.Tommy will be the general partner;Chuck and Marie will be limited partners.These three are:

• A)business angels.
• B)formal venture capitalists.
• C)creditors.
• D)informal venture capitalists.

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Definitions:

Probability

An indicator representing the probability or odds of a specific event happening, with its value ranging from 0 to 1.

Normal Model

A type of statistical distribution that is symmetric and describes how values are dispersed or spread around the mean.

Standard Deviations

Standard deviations measure the amount of variation or dispersion of a set of values from their mean, indicating how spread out the data points are.

Random Variable

A variable whose values are outcomes of a random phenomenon and are subject to variability.