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A number of years ago, there was a popular television game show called Let's Make a Deal. The host, Monty Hall, would randomly select contestants from the audience and, as the title suggests, he would make deals for prizes. Contestants would be given relatively modest prizes and then would be offered the opportunity to risk that prize to win better ones. Suppose you are a contestant on this show. Monty has just given you a free trip worth $500 to a locale that is of little interest to you. He now offers you a trade: Give up the trip in exchange for a gamble. On the stage are three curtains, A, B, and C. Behind one of them is a brand-new car worth $45,000. Behind the other two curtains, the stage is empty. You decide to gamble and give up the trip. (The trip is no longer an option for you.) You must now select one of the curtains. Suppose you select Curtain A. In an attempt to make things more interesting, Monty then exposes an empty stage by opening Curtain C (he knows that there is nothing behind Curtain C). He then asks you if you want to keep Curtain A, or switch to Curtain B. What would you do? What is your best strategy to win the car after curtain C is opened? Hint: Questions to consider are: What is the probability of winning and the probability of losing the car prior to opening Curtain C? What is the probability of winning and the probability of losing the car after opening Curtain C?
Describe three situations where the actions of a medical assistant were influenced by laws and regulations related to the release of personal and medical information of a patient. Use resources available to you including your personal experiences to ..
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Scholars have applied the theory of differential association to explain white-collar crime, but have recognized the application of the social disorganization as well.
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1. A company issues 1 million shares of preferred stock with a par value of $2 and a market price of $26 per share. The issuance should be recorded as:
A 60 HP standard ac motor is operated for 85% time in a year at 75% load with efficiency and power factor as 82% and 0.8, respectively. Standard ac motor is replaced by an energy efficient motor of same capacity. At 75% load, the efficiency and power..
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you have been notified by the attorney for your late dear uncle harry that he left his old service station property to
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