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Maine Co. has a facility that produces basic clothing in Indonesia (where labor costs are very low), and the clothes produced there are sold in the United States. Its facility is subject to a tax in Indonesia because it is not owned by local citizens. This tax increases its cost of production by 20 percent, but its cost is still 40 percent less than what it would be if it produced the clothing in the United States (because of Indonesia's low cost of labor). Maine wants to achieve geographical diversification and decides to sell its clothing in Indonesia. Its competition would be from several existing local firms in Indonesia. Briefly explain whether you think Maine's strategy for direct foreign investment is feasible.
Give an example of a polynomial of a degree 2 that satisfies the following two conditions: (1) the coefficient of x^2 is 1 and (2) the polynomial cannot be factored. Explain why the polynomial cannot be factored.
Consider a chess player participating in a two-game pre-tournament quali?cation series. From past records in such games, it is known that the player has a probability pW = 0.75 of winning, a probability pD = 0.2 of drawing, and a probability pL = ..
Describe different methods of establishing correlation between variables and provide an example of each. Discuss the advantages and disadvantages of each method and where each must be applied.
Set up a model to test whether there are differences in mean ... DATA SET E Ages and Weights of 31 Randomly Chosen U.S. Nickels (n = 31 nickels) Nickels
What about a variable I intend to use to help do some forecasting. Interest rates, for example, will have an effect on the number of houses purchased --- may I call interest rate the independent variable and number of houses purchased the dependent v..
a community-based study of respiratory illness during the first year of life was conducted in north carolina. as part
If a player bets a dollar on black, and if the ball stops on a black number, he gets his dollar back and another dollar. If the ball stops on a red number or on 0 or 00 he loses his dollar. Find the expected winnings for this bet.
Soames could pay a movie industry expert $5,000 for an evaluation of the project's success. He believes that the expert's conclusions are true 90% of the time. What should Soames do?
Explain the difference between one-factor and two-factor ANOVA. (b) Write the linear model form of one-factor ANOVA. (c) State the hypotheses for a one-factor ANOVA in two different ways.
The length of a particular telemarketing phone call has an exponential distribution with a mean equal to 1.5 minutes. Find the probability that the length of a randomly selected call will be between 30 - 50 minutes and 1 minuter or longer.
Your manager, who just read an abridged version of a statistics book, wants you to test hypotheses for the difference in two population means.
Could mud-wrestling be the cause of a rash contracted by University of Washington students in the spring of 1992? Two physicians at the University of Washington health center wondered this when one male and six female students complained of rashes..
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