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Question: According to Fortune, Missouri is within 500 miles of 44% of all U.S. manufacturing plants. If a Missouri company needs parts manufactured in 122 different plants, what is the probability that at least half of them can be found within 500 miles of the state? (Assume independence of parts and of plants.)
How would the result that you reported in part (c) change if only 25% of the respondents said that they did not currently play a musical instrument?
The market supply curve is given as P = 100 + 2Q. Several new firms enter this market and now you are told that at each price there are now 50 more units of the good available. What is the equation for the new market supply curve?
consider the following regression modelsalaryin 1000 20 2x 5z 0.7xzwhere x is the number of years of experience
Place-Plus, a real estate development firm, is considering several alternative development projects. These include building and leasing an office park, purchasing a parcel of land and building an office building to rent, buying and leasing a wareh..
the 70-year long-term record for weather shows that for new york state the annual precipitation has a mean of 39.99
the central limit theorem helps researchers answer questions abouta. sample means for small sample sizes.b. sample
A husband and wife make their decisions independently of each other, and then they compare their decisions. If they agree, the decision is made; if they do not agree, then further consideration is necessary before a decision is reached.
1. assume that event a occurs with probability 0.4 and event b occurs with probability 0.5. assume that a and b are
a distribution with m35 and a standard deviation 8 is being standardized so that the new mean and standard deviation
suppose that the average life of a refrigerator before replacement is m 14 years with a 99.7 of data range from 8 to
What is the advantage of a randomized experiment in which the investigators randomly assign treatment conditions to subject over an observational study in which the subject self-select the treatment groups?
Actually, late movers can be very good competitors in late stage markets or competitive situations. It just takes a different suite of skills to produce good performance in markets that are moving toward price competition.
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