Probabilistically speaking information by itself comfort

Assignment Help Other Subject

Reference no: EM13111189

You are anxious about chances of getting the job once you have graduated from UCI with BA. Friend who knows some statistics, tries to reassure you by indicating that only 1.7% of young adults both have BAs and are unemployed. Probabilistically speaking, must this information by itself comfort you? Explain why or why not? If not, describe what extra information would specify.

Reference no: EM13111189

Questions Cloud

Description of the concepts of offer and legality of purpose : Identify which elements of contract must exist for this agreement to be enforceable. At a minimum, your paper must include a detailed description of the concepts of offer, acceptance, legal consideration, capacity, and legality of purpose.

Explain how strategy-process-product and services related : Explain how are strategy, process, product and services related? Illustrate what could be the impact of innovation, design and creativity on strategy?

Computing hypothesis testing problems : The Web-based company Henrietta Balloons has a goal of processing 96% of its orders on the same day they are received. If 95 out of the next 100 orders were processed on the same day, would this prove that they are exceeding their goal, using a 90%..

Need to make a decision about buying machinery : Research replication located on your student website. During the third cycle of the replication you need to make a decision about buying machinery.

Probabilistically speaking information by itself comfort : Probabilistically speaking, must this information by itself comfort you? Explain why or why not? If not, describe what extra information would specify.

Explain how many kanban card sets are needed : Due to variations in processing times, management has decided to keep 20 percent of the needed inventory as safety stock. Explain how many kanban card sets are needed?

Which would you recommend to mci : the competitive and regulatory evolution of the industry, recommend a capital structure policy for MCI and defend your proposal. Given four financial alternatives, which would you recommend to MCI?

Determine the maximum flow : Union Express has 60 tons of cargo that need to be shipped from boston to dallas. The shipping capacity on each of the routes Union Express planes fly each night.

Ethical and legal differences facing both organizations : Analyze political, social, ethical and legal differences facing both organizations as well as determine the impact these differences have on management decision making

User Account

All Pages