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Mergers and slow periods in the economy often result in layoffs at many firms. Many employees count on two or three months of severance pay to carry them over to the next job. However, job searches can sometimes take longer than 6 months. A survey of workers who have been with firms for more than a year revealed that only 30% of the workers would be financially secure if they lost their jobs for 6 months to a year. Let X represents the number of employees out of a sample of 80 who would feel financially secure if they lost their job for 6 months to a year.
a) What is the probability that at least 30 employees out of 80 would be financially secure if they lost their job for 6 months to a year?
b) Do a what-if analysis by changing the probability to .4, and .5, and rework part a).
imagine you have created a new service or product. using relevant entrepreneurship models including management
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Which of these are assumptions of the Modified Accelerated Cost Recovery System (MACRS)?
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Suppose an individual invests $20,000 in a load mutual fund for two years. The load fee entails an up-front commission charge of 3.0 percent of the amount invested and is deducted from the original funds invested. calculate the annual return on the m..
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