The Construction Manager for ABC Construction Must Decide Whether to Build

question 42

Multiple Choice

The construction manager for ABC Construction must decide whether to build single family homes,apartments,or condominiums.he estimates annual profits (in $000) will vary with the population trend as follows:

-If he uses the maximum likelihood criterion,which kind of dwellings will he decide to build?

• A)Single family
• B)Apartments
• C)Condos
• D)Either single family or apartments
• E)Either apartments or condos

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Definitions:

Comparative Advantages Pattern

A method of organizing information by comparing the strengths and weaknesses of different options.

Mnemonic Device

A tool used to improve memory by linking new information to a familiar concept or pattern.

Startling Statement

A surprising or shocking assertion used to grab attention.

Oral Presentation

A spoken presentation or speech given before an audience for the purpose of sharing information, persuasion, or entertainment.