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The Helsinki heart study asked whether the anticholesterol drug gemfibrozil reduces heart attacks. They gave the drug to 2000 men aged 40-55 and a placebo to another 2000. The probability of a heart attack for men this age in a 5-year period is 0.04. Define the random variable X to be then number of heart attacks in the drug group. Define p to be the proportion of heart attacks in the drug group.
a. Use the Binomial Calculator to find the probability that the number of heart attacks in the drug group is at most 56.
b. Use the Binomial Calculator to find the probability that the sample proportion of heart attacks in the drug group is at most 2.8%.
c. Use the Normal Approximation to the binomial distribution to find the same probability. d. How do these results compare?
If you provide your company with an argument against marketing your new product in Iran, on what grounds would you make such an argument?
Suggest one significant challenge related to quality and performance management. Recommend one managerial approach to overcome this challenge.
A number of companies feel that social media are more effective for marketing than communicating with stakeholders. Give at least three reasons why Social media is more effective for marketing?
Describe the four functions of management. What role do these play in the strategic decision making process?
The need for skilled managers within all healthcare settings is increasing due to the complexity of healthcare delivery. In addition, supervisory positions are difficult and demanding. We have either worked or know people who have worked for "good..
Prepare a PowerPoint® presentation OR report using the financial statements and the Management Discussion Statement, analyze the amount and character of the firm's debt and equity.
Recently, many businesses have increase the use of mobile devices on their networks. Mobile devices are great for teleworkers and road warriors
Medium of exchange, Unit of Account and Store of Value. A. If an IPhone was equal to 3 bananas and 6 basketballs and 2 hats and 2.5 DVD's. How many DVD's is an IPhone equal to?
List and describe the various levels of violations to OSHA's standards and the potential penalties for each.
What legal and ethical requirements can apply in meeting situations?
Summarize how the new proposed policy supports either the strategic or operational role in maintaining a compliant work environment.
Go to the Heritage Foundation Web site as well as select one country as well as comment on its Economic Freedom Index score.
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