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Question: A student is taking two courses, history & math. The probability the student will pass in the history course is .60 and math is .70. The probability of passing both is .50. Determine the probability of passing at least one?
3-defective electric toothbrushes were accidentally shipped to a drug store called Clean brush items along with seventeen non-defective ones.
What is economics system? What are the types of economics system? Briefly explain each type of economics system by giving examples of nations that are close to each type
You have given the following data about the amount your firm can manufacture per day given the number of workers it hires.
Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.
The following table is the pay off matrix for zero sum game. Estimate the each players dominated strategy of the following zero sum game?
Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:
Assume that you have a normal distribution with mean =0 and variance =1. Assumee you control a likelihood test for mu =.07 and another likelihood test for mu =8.
The Australian government administers two programs that affect the market for cigarettes.
Walt Disney World Theme Parks offer tourists a wide variety of ticket options. The one thing these ticket options have in common is that they entail a fixed entrance fees and permit consumers to take as several rides as they wish at no additional cha..
M-commerce also known as mobile commerce is being lumped in with several strategic internet plans. Explain some of the industries that are likely to use mobile commerce and how it is working for them.
Multiplicative decomposition method
A quality control inspector chooses a part to be tested. The part is then declared acceptable, repairable, or scrapped. Then another part is tested.
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