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A business journal investigation of the performance and timing of corporate acquisitions discovered that in a random sample of 2,737 ?firms, 744 announced one or more acquisitions during the year 2000. Does the sample provide sufficient evidence to indicate that the true percentage of all firms that announced one or more acquisitions during the year 2000 is less 29?%? Use α=0.01 to make your decision.
1) What are the hypotheses for this? test?
2) Identify the rejection region for the test.
3) Is the null hypothesis rejected?
A manager of a local monopoly estimates elasticity of demand for its product is constant and equal to -2 Marginal cost is constant at 15 per unit. A. express marginal revenue as a function of price B. Determine the profit maximizing price.
Parkleigh presents an hourly salary also the employee discount. Kaufmann's offers only an hourly wage.
Assume that every driver faces a 1% probability of an automobile accident every year. An accident will, on average, cost each driver $10,000.
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Discuss the major challenges you would face in running such a business and how you would expect to overcome them. Provide specific examples to support your response.
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Data-driven decision-making is about ____________.
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