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The heights of South African men are normally distributed with a mean of 69 inches and a standard deviation of 4 inches. What is the probability that a randomly selected South African man is taller than 72 inches? If a random sample of three South African men were selected at random, what is the probability that the sample mean height is greater than 72 inches? How do you do this two-part question?
Elucidate what is the best form of business organization to select based on various considerations, including taxes, liability, capital contributions, sharing of profits adn losses, management and control, and survivorship
Assume that this cost is set by an upstream wholesaler with monopoly pricing power.
Suppose that velocity is constant at 10, but the nominal money supply increases from $1.1 to $1.21 trillion. Elucidate what must happen to nominal output.
Depict this data with a Pareto chart. Also depict cumulative complaint line. What percent of total complaints can be attributed to most prevalent complaint.
Which one of the subsequent was not a contributing cause of the decline in investment also thus the recessionary expenditure
Elucidate how they will help to improve the GDP as a tool for measuring the well-being of a nation.
Why these former employees faced difficulties because the market for their very technical skills was declining. These workers were.
Explain General Medical makes disposable syringes for hospitals and doctor supply companies. The company uses cost plus pricing and currently charges 150% of average variable costs.
Illustrate what factors do you use to determine whether to invest in the additional capital and labor.
With the decrease in demand for bridge and tunnel crossings, what is the optimal way to adjust tolls: raise tolls, lower tolls, or leave unchanged.
Explicate Illustrate what will happen to output and the cost level play in this adjustment.
What individual product decisions and product line decisions has MCC made for Smart Car. Why did it make these decisions. What marketing recommendations would you make to MCC.
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