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According to the Polk Company, a survey of households using the Internet in buying or leasing cars reported that 81% were seeking information about prices. In addition, 44% were seeking information about products offered. Suppose 75 randomly selected households who are using the Internet in buying or leasing cars are contacted. (a) What is the expected number of households who are seeking price information? (b) What is the expected number of households who are seeking information about products offered? (c) What is the probability that 67 or more households are seeking information about prices? (d) What is the probability that fewer than 23 households are seeking information about products offered?
research the process of producing an expensive product assume that it is something that must cost at least 1000. after
Rosalie, a wealthy widow, invited an acquaintance, Jonathan, to her home for dinner. Jonathan accepted the offer and, eager to impress her, spent lavishly in preparing for the evening. His purchases included a new blazer, new shoes, and expensive flo..
Integrate the components developed in each Module into a finalized strategic business plan. Incorporate any feedback from your instructor into the final document as well. The document should include appropriate headings for each section. Review the “..
Discuss the purpose and successful application of different types of interview environments (traditional, panel or committee, group, telephone, etc.) and questions (behavioral, situational, open-ended, case studies, etc.). Include a discussion of how..
The service center for a brokerage company provides three functions to callers: account status, order confirmations, and stock quotes. The reliability was measured for each of these services over one month with these results: 90 percent, 70 percent a..
Develop a mathematical formulation of the optimization problem that determines the coordinates (x,y) of the centralized facility so that the total number of miles traveled to the five towns is minimized, and solve the nonlinear optimization proble..
Interest rate has been at their historic lows in japan, Europe, and North America for several years but they are beginning to inch up in some economies. What are the exchange rate implications for American companies operating abroad in 2015 and beyon..
In property law, what is meant by the term 'fixture' and give at least two examples. What is the difference between compensatory damages and punitive or exemplary damages? Give an example of compensatory damages.
Why is a CEO contract important? If you were the CEO, which features would you want to include in your contract and which would you prefer to remove? If you represented the Board and the organization, which features would you want to include and whic..
For each of the situations described below, select the type of analytics that would address the specific organizational need and justify your selection. A) A mid-sized bank would like to provide as much automated support for its lending decisions as ..
Riverside oil company in eastern Kentucky produces 3 different grades of gasoline. They are regular, premium, and supreme grades. Each barrel of regular grade sells for $82 while premium grade sells for $88 per barrel and supreme grade sells for $..
Compression represents a serious dysfunction of pay structures. Discuss some of the major ramifications of compression. Also, discuss how companies can minimize or avoid these ramifications.
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