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Find the probability of correctly answering the first 2 questions on a multiple choice test if random guesses are made and each question has 5 possible answers.
A contingent liability should be created if it probable that the liability will occur and the amount of the loss can be reasonably estimated. How is the probability of an event occurring determined? Is this based on an estimate of the likelihood of..
What forecasting techniques does this company use? How does your selected organization prepare budgets? What MRP concepts do you see with regard to your organization?
Given the following linear revenue and cost function for a business firm, Calculate the break - even quantity, total revenue, total cost and total profit at break - even level of production.
Compute the total and annual returns on the described investment four years after buying 100 shares of XYZ stock for $60 per share, you sell the stock for $9300.
Management of a golf ball company has carefully screened and selected 12 dozen golf balls, and it is agreed that this sample contains 15 nonconforming balls (all for various cosmetic reasons).
Calculate the probability that the project will be completed in 38 weeks. Calculate the probability that the project will be completed in 42 weeks.
Difference in haemoglobin concentration at enrolment between women with detectable peripheral malaria parasites and those without detectable parasites?
A project has an expected duration of 34 weeks with a critical path variance of 6. Suppose the project network is given and the critical path is identified on the network. Suppose the normal time, crash time, and the associated cost for each activ..
Explain the notions of mathematical differences, managerially important differences, and statistical significance. Can results be statistically significant and yet lack managerial importance.
The data below are the final exam scores of 10 randomly selected statistics students and the number of hours they studied for the exam. Find the correlation coefficient between hours studied and final exam scores.
Scholarly writers are aware of their audience and base their writing on solid evidence rather than on assumptions and/or opinions. In addition, scholarly writers must also utilize a scholarly voice.
What are the ramifications to the firm to which you are most closely aligned or are analyzing if one or more of your projections/forecasts do not hold true?
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