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The Dutch consumer-electronics giant, Philips, is protected against takeovers by a unique corporate voting structure that gives power only to a few trusted share- holders. A decision of whether to sever Philips' links with the loss-producing German electronics ?rm Grundig had to be made. The decision required a simple majority of nine decision-making shareholders. If each is believed to have a 0.25 probability of voting yes on the issue, what is the probability that Grundig will be dumped?
a motel accepts 340 reservations for 315 rooms on july 1 expecting 10 percent no-shows on average from past records.
the purchasing department of major company has 100 employees 22 of whom have no children 50 of whom have exactly one
1. at a certain high school a random sample of 50 student are chosen for a free 10-week sat prep class they are given a
if the equation for the regression line is y7-9x then a value of x-1 will result in a predicted value for y
Compare among expected monetary approach also expected utility approach. Sketch the brokers utility curve and describe what it says about her risk profile.
It is a striking fact that the first digits of numbers in legitimate records often follow a distribution known as Benford's Law, shown below.
Is there evidence of a difference in the median performance between the two methods? (Use x = 0. 05).
Statistician has a data set containing n1 = 7 values of a random variable X and n2 = 6values of a random variable Y . She is interested in using the run test to test the equality ofthe distribution functions.
a. What is the expected total number of cars entering the freeway at this point during the period? (Hint: Let Xi = the number from road i.) b. What is the variance of the total number of entering cars? Have you made any assumptions about the relati..
Calculate the sensitivity and specificity of x-ray as a screening test for tuberculosis.
suppose it is known that the time spent by customers in a fast-food restaurant is a normally distributed variable with
suppose cattle in a large herd have a mean weight of 1337 lbs and a standard deviation of 64. what is the probability
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