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True or False 20. T_F Anchoring and sticking with the status quo are the same de

ID: 3070998 • Letter: T

Question

True or False

20. T_F Anchoring and sticking with the status quo are the same decision traps

21. T_F There are an infinite number of possible outcomes for a discrete distribution

22. T_F The number of defects on a product is usually distributed binomially.

23. Three machines are connected in series. The probability of failing is 0.02 for all three machines. any one fails in processing a product, the product fails. What is the probability that a product will fail due to the third machine?_______

23. T_F Four consecutive activities in a project each have a triangular distribution with variance 2. The standard deviation of the total time is ________________

Explanation / Answer

20)

Anchoring and stickng with the status quo are the same decision traps.

This statement is true because both are two decision traps out of 8 decision traps.

21)

There are an infinite number of outcomes for a discrete distribution.

This statement is false becuase if the distribution is countable then the possible outcomes are also coutable.

22)

The number of defects on a product is usually binomial distribution

This statement is true.

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