Discuss the adequacy of the model

Assignment Help Business Management
Reference no: EM132919296

1. A company has 750 employees. 450 of the employees are females. Half the female are less than thirty years old, and one-fourth of the male workers are less than thirty years old. If one of the workers of the company is selected at random to receive a prize, what is the probability that the person selected is less than thirty years old?

2. An accountant of an international company is working on a profit-and-loss report for the current fiscal year. The accountant reports that the company incurred a loss in 4 months out of the 12 months in the fiscal year. Let X be the number of months the company is suffering a loss in the next fiscal year. Discuss the adequacy of the model that X follows a binomial distribution with n = 12 and p = 4/12

Reference no: EM132919296

Questions Cloud

Identify and list sources of whs-related information : Identify and list three (3) sources of WHS-related information (e.g. specialist training, legislation) that would be valuable to communicate and share with stak
What is an adjustable-rate mortgage : Question - What is an adjustable-rate mortgage (ARM)? Discuss the potential advantages that such mortgages offer a savings institution
Strategic management plan grub hub : What are the requirements in which the organization must comply? What is the industry in which the organization is working?
Discuss the entrance of savings institutions : Discuss the entrance of savings institutions into the market for consumer and commercial lending. What are the potential risks and rewards of this strategy
Discuss the adequacy of the model : 2. An accountant of an international company is working on a profit-and-loss report for the current fiscal year. The accountant reports that the company incurre
Evaluate the effectiveness of the group : Each group member will discuss his or her experience working on the group project and how the group went through the stages of team development.
Compare rise of civilizations in mesoamerica and andean : Compare the rise of civilizations in Mesoamerica and Andean South America. How are they similar to the ancient civilizations of Mesopotamia, Egypt,
Developed your public speaking skills : You have developed your public speaking skills. Explain why you selected this skill and share specific actions you will take to further develop it.
What does the acronym hcpcs represent : 1. What does the acronym HCPCS represent? What are HCPCS Level II codes? When do we apply HCPCS Level II codes?

Reviews

Write a Review

Business Management Questions & Answers

  Work motivation - procedural justice theorya procedural

work motivation - procedural justice theorya procedural justice theory a process theory about work motivation that

  What does this mean for the way we work

What do we all want out of life? What does this mean for the way we work?

  Applications of porter low cost

Are there generic global strategies? For example, applications of Porter's low cost, differentiation and focus strategies?

  Heaalthcare management and leadershipas a healthcare

heaalthcare management and leadershipas a healthcare manager being able to discern a leader and a manager is critical

  Why wouldn''t criteria be weighed logically

Why wouldn't criteria be weighed logically? You would want the most important things to be weighed more heavily than others. You want to achieve the best results and those are to be weighed higher also.

  Construct competencies that public personnel managers need

Construct two competencies that public personnel managers need to possess in order to minimize the impact of political preference in program implementation.

  Discuss the cross cultural differences in telecommuting

How have the fields of psychology and sociology contributed to our understanding of Organizational Behavior? Explain. What is the relationship between age and the organizational issues of productivity, turnover and satisfaction? Explain.

  Respect to the purchase of insurance

In other words, one is of interest before the purchase of insurance and one occurs after the purchase. Explain.

  Impact on human condition for centuries

The written word has had an impact on the human condition for centuries. We have all been touched in some way or another by literature.

  Calculate labor force participation rate

Following information is extracted from a database maintained by the country's ministry of labor:

  Shown up on the international market

A sudden increase of market products identical to those produced by your client have shown up on the international market. The products in question

  Slavery the ancient romans

A historian was quoted as saying that if it hadn't been for slavery the ancient Romans would have had color television. What economic conclusions can you draw from that statement? (Macro Economics beginning chapters)

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd