In Canada, a Business Is Classified as Small If Its

question 10

Multiple Choice

In Canada, a business is classified as small if its revenue is

• A) $2 million or less.
• B) $1 million or less.
• C) $3 million or less.
• D) up to $500,000.

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Definitions:

Probability Distribution

A function that describes the likelihood of obtaining the possible values that a random variable can assume.

Number of Horses

A specific count of horses in a particular context, such as a race, a farm, or a study.

Standard Deviation

A statistical measure of the dispersion or variability of a set of data points.

Expected Value

A calculation in probability theory representing the average outcome one can expect from a random event, when considering all possible outcomes and their probabilities.