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Blair Biotech enters into a licensing agreement with pang Pharmaceutical for a drug under development. Blair will receive a payment of $10,000,000 if the drug receives regulatory approval. Based on prior experience in the drug-approval process, Blair determines it is 90% likely that the drug will gain approval and a 10% chance of denial. (a) Determine the transaction price of the arrangement for Blair Biotech (b) Assuming that regulatory approval was granted on December 20, 2014, and that Blair received the payment from Pang on January 15, 2015, prepare the journal entries for Blair.
What is the correlation coefficient & how strong is it
Further, 20 students get both questions 1 and 2 incorrect, 15 get both questions 2 and 3 incorrect, and 8 get both questions 1 and 3 incorrect, and 7 get all three questions incorrect. Find the probability that a randomly selected student: a) Gets..
A sample of 16 patients in a doctors office showed that they had to wait an average of 43 minutes with a standard deviation of 8 minutes before they could see doctor. Provide a 99% confidence interval for the average waiting time for all of the pa..
your company produces two products model alpha and model beta. these products have profits or contributions of 120 and
Reynolds Electronics accepts a lot from a particular supplier if the defective components in the lot do not exceed 1%. Suppose a random sample of five items from a recent shipment is tested.
1. Let X1, X2, X3, and X4 be independent, U (0, 1)-distributed random variables. Compute
according to the empirical rule if the data form a bell shaped normal distribution what percent of the observations
mark harris production manager of medical electronics inc. is preparing for the delivery of one of his companys new
This problem belongs to Basic Statistics and it discusses about preparing univariate and multivariate tests for measuring cholesterol among two groups
nurses wondered if birth weights of babies are going up. they knew that the average birth weight of a baby last year
What is the probability that a randomly selected incoming fastener will pass inspection either initially or after recrimping? Given that a fastener passed inspection, what is the probability that it passed the initial inspection and did not need re..
Calculate the mean and variance of X. Calculate the mean and variance of Y. Calculate the covariance and correlation between X and Y. Is there a positive or negative relationship between X and Y? Is the relationship strong, weak or moderate?
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