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1. A city law-enforcement official has stated that 20% of the items sold by pawn shops within the city have been stolen. Ralph has just purchased 4 items from one of the city's pawn shops. Assuming that the official is correct, and for x 5 the number of Ralph's purchases that have been stolen, determine the following:
a. P(x 5 0)
b. P(2 # x)
c. P(1 # x # 3)
d. P(x # 2)
2. The regional manager in Exercise 6.10 plans to evaluate the speed of service at five local franchises of the restaurant. For the five servers, determine the probability that
a. none will receive a movie coupon.
b. two of the five will receive a coupon.
c. three of the five will receive a coupon.
d. all five will receive a coupon.
Padua Corp has sales of $400,000, a variable cost ratio of 60%, and a profit of $40,000. If 10,000 units were sold, what is the contribution margin per unit?
In a recently administered IQ test, the scores were distributed normally, with mean 100 and standard deviation 15. What portion of the test takers scored between 70 and 130?
russell preston delivers parts for several local auto parts stores. he charges clients 0.78 per mile driven. russell
handy-man services is a repair-service company specializing in small household jobs. each client pays a fixed monthly
omalley corp. uses the fifo method of process costing system. material is added at the beginning of the production
in an irs publication the department states travel entertainment and gift expenses account for just part of the
the availability of funds effects the capital budgeting decisions. the amount of funds available for capital
tracy owns a nondepreciable capital asset held for investment. the asset was purchased for 250000 six years earlier and
warsaw products has a factory machine with a book value of 90000 and a remaining useful life of 4 years. a new machine
Discuss the financing changes suggested by the statement prepared
1. What is your likely impression of the listener?
sanford inc. has developed value-added standards for four activities purchasing parts receiving parts moving parts and
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