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Olympia Sports store wants to determine whether or not to concentrate its advertising on athletic shoes for the serious athlete or the weekend athlete. The store also wants to know which type of use is the most popular. The marketing department gathered the following information from randomly selected customers.
a. Find the probability that if one customer is randomly selected he/she is a serious athlete and buys a shoe primarily for running.
b. Find the probability that if one customer is randomly chosen he/she is a serious athlete or an athlete who buys shoes for tennis.
c. Given that a customer buys shoes for basketball, find the probability that the customer is a weekend athlete.
d. If two customers are randomly chosen (without replacement), find the probability that they will both buy shoes primarily for tennis.
Are all expenditures of a government included in the calculation of GDP for that nation? Why or why not? If not, what government expenditures should be excluded from GDP?
Enpar manufactures a one type of engine part for an automotive manufacturer. It operates 2-plants, Plant A and Plant B, which have the following production functions:
What strategies would you develop and implement to continue safeguard Airport properties against sea level rise? What effective course of action you would take in protecting and conserving our shoreline properties?
Post the information for at least two years. How does your company perform with respect to these ratios?
Discuss two important reasons why the firm might adopt such a policy. Discuss two important problems that the policy might cause.
Assume the production function is given by Q = 4K + 8L. Determine the average product of capital when 10 units of capital and 5 units of labor are employed?
You have researched the common stock of two companies, company A and company B and have compiled the following data:
1.Will the rate of actual growth have any effect on the rate of potential growth?
How would you attempt to assess whether the technology used by an industry in a developing country was inappropriate ?
Discusses the issues that occur when voice traffic is sent over a typical wireless local area network, such as what the advantages are, the problems often encountered, and how these problems can best be overcome.
What does it mean to "overpay" a CEO? Do you think that some CEOs are overpaid? What about the "typical" CEO? Are stock options to blame for the earnings management scandals?
Explain why the money multiplier differs from the simple deposit multiplier - Explain which of these interest rates the Federal Reserve sets.
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