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Problem:
You are organizing an outdoor concert for next week and believe attendance will depend on the weather. You consider the following possibilities are appropriate:
Weather Probability = F(x) Attendance = X
Terrible weather 0.2 500
Mediocre weather 0.6 1000
Great weather 0.2 2000
1. Let X denote the attendance. Why is X a random variable?
2. What is the expected attendance?
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Victoria, a recent college graduate, recently started a new job as an analyst at a boutique investment bank. The office is a small, all- male environment, known as "The Bullpen." After her first two months at work, the company is set to hold its a..
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Decisive Influences on Strategy Formulation
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Analyze your own job and draw up a job description. How would you use this job description? How does it differ from your formal job specification?
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