Reference no: EM131172773
Question:
Suppose an advertising agency is conducting a survey concerning the effectiveness of commercials during the Super Bowl. If 30% of people watch the Super Bowl, and if the agency contacts 150 people what is the probability that at least 35% people that watched the game?
Suppose that an individual stock's return is normally distributed with a mean of 10% and a standard deviation of 8%. What is the probability that the stock's return will be at least 16%?
In the past, the value of houses a local realtor has sold is normally distributed with a mean of $252,000 with a standard deviation of $55,000. How much does a house have to sell for so that the house is in the top 2% of highest selling houses for the realtor?
The amount of gas a local gas station sells is random. The following describes the distribution of gasoline sales in a given day. There is a probability of 0.1 that the station will sell 1100 gallons of gas; there is a probability of 0.29 that the station will sell 1400 gallons of gas; there is a probability of 0.21 that the station will sell 1600 gallons of gas; otherwise, the station sells 2200 gallons of gas. What is the expected number of gallons the station sells in a day?
In the past, the value of houses a local realtor has sold is normally distributed with a mean of $252,000 with a standard deviation of $55,000. How much does a house have to sell for so that the house is in the top 2% of highest selling houses for the realtor?
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How would the event affect the market for the dollar
: How would this event affect the market for the dollar? How should the central bank, the Fed, respond to this event if it wants to keep the value of the dollar unchanged?
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Larger ratios of clerical and administrative support staff
: Why do large organizations tend to have larger ratios of clerical and administrative support staff? - Why are they typically more formalized than small organizations?
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Calculate the pressure of the air in the sealed tank
: Calculate the pressure of the air in the sealed tank shown in Fig. 6.25 that would cause the velocity of flow to be 20 ft/s from the nozzle. The depth h is 10 ft.
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Concept of life cycle to an organization
: Apply the concept of life cycle to an organization with which you are familiar, such as a local business.- What stage is the organization in now?
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How much does a house have to sell
: In the past, the value of houses a local realtor has sold is normally distributed with a mean of $252,000 with a standard deviation of $55,000. How much does a house have to sell for so that the house is in the top 2% of highest selling houses for..
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What your duty that you must be responsible
: Law of bailment. Borrow your friend's car and scratch the car against the wall. What's your duty that you must be responsible for? If you rented from a car rental agency, what would be your duty and where would you find it? if it wasn't your fault..
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Population size-county seat-median income-median age
: Using the 2010 census data complete a profile or background research for your county. You will want to consider the following information: population size, county seat, median income, median age, racial composition, age breakdown, educational breakdo..
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Take a position on whether the banking industry needs
: Take a position on whether the banking industry needs more or less government regulation. Support your position with two examples of the impact of regulation.
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Define the central dilemma
: Identify and define the central dilemma presented in the case Select and gather pertinent areas of consideration, and identify critical data and stakeholders (if you need to make assumptions about any of the facts in the case, be sure to specify t..
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