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Olympia Sports store wants to determine whether or not to concentrate its advertising on athletic shoes for the serious athlete or the weekend athlete. The store also wants to know which type of use is the most popular. The marketing department gathered the following information from randomly selected customers.
a. Find the probability that if one customer is randomly selected he/she is a serious athlete and buys a shoe primarily for running.
b. Find the probability that if one customer is randomly chosen he/she is a serious athlete or an athlete who buys shoes for tennis.
c. Given that a customer buys shoes for basketball, find the probability that the customer is a weekend athlete.
d. If two customers are randomly chosen (without replacement), find the probability that they will both buy shoes primarily for tennis.
Linear programming is a mathematical technique used to determine the optimal solutions to certain specific problems.
The article study for the demand, supply and the market equilibrium has been discussed. The article that has been review was published on August 2012.
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The organization and coordination of the activities of a business in order to achieve defined objectives.
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Prepare a Marginal Cost Analysed Income Statement for 2014 from the above data to identify total and individual medical procedure contributions and profits.
MGMT 3306: Solve the assignment problems, 1. Please answer the assignment questions in this docx file and save once you’re satisfied. Assignment 3covers the lectures slides for Week 6.
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