Which of the Following Is True About a Probability Distribution

question 90

Multiple Choice

Which of the following is true about a probability distribution?

• A)The sum of all possible outcomes must not equal 1.
• B)The representation must be graphed,not tabular or algebraic.
• C)The probability of each outcome must be between 0 and 1,inclusive.
• D)The outcomes do not need to be mutually exclusive.

Recognize the three major cost components of a manufactured product.

Calculate the cycle time for a manufacturer using the proper formula.

Identify the classifications of inventory in a manufacturing company.

Understand the calculation and implication of cost of goods manufactured.

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