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Benson manufacturing company is considering ordering electronic components from three different suppliers. The supplier may differ in terms of quality in that the percentage of defective components may differ among the suppliers. To evaluate the proportion of defective components for the supplier Benson has requested a sample shipment of 500 components from each supplier. The number of good component found in each shipment are as followed (Defective A.15 B.20 C.40) (Good A.485 B.480 C.460) answer the following questions 1.formulate the hypothesis that can be used to test for equal proportions of defective components provided by the 3 suppliers 2.using a .05 level of significance conduct the hypothesis test. What is the p-value and what is your conclusion 3.conduct a multiple comparison test to determine if there is an overall best supplier or if one supplier can be eliminated for poor quality
q.historically there has been a bias against the election of women for public offices in india. since the mid-1990s one
In your opinion, discuss when it makes sense to forego purchasing car insurance (assuming the state did not require it). In your answer, use moral hazard and risk aversion to describe your decision.
Two firms with differentiated products compete in prices with demands: q1: 1-P1+0.5P2 q2: 1-P2+0.5P1 Suppose that both firms can produce at the same constant marginal cost c. a. Draw the best response functions. b.Find the prices corresponding to th..
You are the CEO of a Fortune 500 company. You have two objectives: 1. invest $5 million cash on hand short term (overnight to one month); and 2. borrow $100 million for your firm’s working capital needs.
q. in 1999 mercedes- benz usa assumes a new pricing policy which it called nfp negotiation- free process that sought to
a rolls-royce case studyintroduction no business today operates in a complete vacuum unaffected by market forces. by
q.assume that omar s marginal utility for cups of coffee is constant at 3.5 units per cup no matter how many cups he
q.assume that each criminal i has the following utility function uibo-fo2 where onumber of crimes committed bper unit
If a company gets rid of a coupon does this shift the demand curve or just move a point on the demand curve.
If one defines incremental cost as the change in total cost resulting from a decision, and incremental revenue as the change in total revenue resulting from a decision, any business decision is profitable.
In 1990, the Supreme Court of the United States found which Texaco had indeed violated antitrust law. Which law do you think Texaco was found guilty of violating.
Tangents as a trigonometric function will be applied in our conversion of the Consumption Function in the Macro section of this course.
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