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A student taking Management Science 301 at East Haven University will receive one of the five possible grades for the course A, B, C, D, or F. The distribution of grades over the past 2 years follows: Grade: #of Students A 80 B 75 C 90 D 30 F 25 (assume the value of an A = 4, B = 3, C = 2, D = 1, F = 0) Answer the following: 1) what is the probability of getting a "C"?, 2) what is the Expected Value (or mean) of the distribution? what is the Variance of the distribution?
A company has used three different methods to forecast sales for the past five months. Use MAD and MSE to evaluate the performance of the three methods. Which of these is actu
Compare also contrast three different types of entrepreneurs also state which you are most likely to emulate should you begin a small business. Assess impact of globalizatio
Technology overall has an effect on almost all industries today and life in general. More specifically, technology has positively impacted healthcare when it comes to medical
Do companies with tarnished reputations due to lapses in ethical judgment have the long term ability to regain a positive public opinion? Support both sides of the above quest
In this module's readings and on the Baldrige website, it is suggested that a commitment to quality begins and ends with leadership. Discuss the steps that a leader would ne
Winning strategies need to be executed. Once a strategy is understood and accepted in the organization (embedded), managers can use some primary tools to ensure that the strat
Develop a scope statement for this project that contains examples of all of the elements. Assume that the event will occur in four weeks, and provide your best guess estimat
GE’s mission statement reads: “GE imagines things others don’t, builds things others can’t and delivers outcomes that make the world work better. GE brings together the physic
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