If an Investor Were Interested in Assessing the Probability That

question 36

True/False

If an investor were interested in assessing the probability that a new supermarket will be successful in a Calgary market area, he would most likely use the relative frequency definition of probability as the method for assessing the probability of success.

---

Definitions:

Productive

Being effective in producing desired results or high yields with minimum wasted effort or expense.

Workplace Accidents

Unplanned events in a work environment that result in injury, illness, or damage.

Older Workers

refers to employees typically considered to be near or beyond the traditional age of retirement, who bring experience and knowledge to the workplace.

Demographic Group

A segment of the population defined by specific characteristics such as age, gender, income, or ethnicity, used for statistical and marketing analysis.