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Describe what the 1-2-3 rule is.
The 1-2-3 rule says that regardless of the exact shape of the normal distribution, 68.26% of all observations are within +1 and -1 s.d. of the mean, and 95.44% of all observations are within +2 and -2 standard deviations of the mean and 99.72% of the observations are within +3 and -3 standard deviations of the mean.
You are a management consultant of a major MNC that is replacing the leadership team in its strategic business unit in Australia. This strategic business unit has a staff of 30,000 and is manufacturing small electronic equipment for export. What type..
Potential buyers within a segment should be:
Explain how do you think that these individuals would rank the utility of these same expenses for themselves. What reasons may account for the similarities and differences in the ranking of such expenditures by your neighbor, your friend, and your..
Setting up nurse practitioner clinics to serve 20,000 newborns in Georgia would cost $6 million. This program would increase life expectancy at birth from 75.1 years to 75.3 years. How many life years would be gained? What is the cost per life year? ..
Walmart has been said to have excessive power in its relationship with communities. How is its manifestation of power with employees similar to or different.
There were 110,752 discharges in 2005, for patients over the age of 25 who were diagnosed with Diabetes. With an average length of stay being 4 days and an in-hospital death count of 1,016. In 2006 the total number of discharges increased to 118,837 ..
Graphically reflect the impact of changes in the non-income determinants of consumption spending on the consumption function.
Suppose Katie, Kendra, and Kristen each purchase a particular type of cell phone at a price of $80. Kate's willingness to pay was $100, Kendra's willingness to pay was $95, and Kristen's willingness to pay was $80. For the three individuals together,..
What effect might the depreciation of the U.S. dollar relative to the Japanese yen have on imports and exports to and from each country?
At the beginning of a recession, if the federal government spent tens of billions of dollars on a highway-building program and consequently ran a large deficit, how would this fiscal policy measure be judged by each of the five main schools of 20th c..
At 10$ per pizza, 100 pizzas were demanded. At 9$ per pizza, 125 pizzas were demanded. When the price of pizza falls from $10 to $9 what is the price elasticity of demand?
Suppose we are using the concepts of supply and demand in the labor market for nurses in Moscow. If a large number of Moscow’s nurses decide they will move to Washington to look for work, how would this be reflected in the Moscow labor market?
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