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Suppose Dan teaches a class of 60 students, and all are expected to attend in-person. Dan wants to boost everyone's spirits and apply his statistical knowledge at the same time. He is deciding how many cupcakes to bring to class. He knows that the probability each student attends on any given day is 75%, and the probability they "no-show" is 25%. Dan assumes each student's decision is independent, so he will apply the binomial distribution to assess the situation. What is the minimum number of cupcakes Dan needs to bring if he wants no more than a 3% chance of running out? Assume everyone that shows up wants a cupcake.
Hint: use the binomial distribution functions in Excel.
Explain how technology is changing the face of businesses today. Describe most critical business processes that utilize information systems in selected company.
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Derive the market supply curve based on the individual supply curves of firm 1 and 2. On the same graph, plot all 3 supply curves. Be sure to correctly label the x and y axes as well as the curves.
Integrative Paper on How the Concepts of the Steps in Kotter and Cohen's The Heart of Change Compare to Ivancevich
Conduct some research on the topic of Windows licensing, but focus your efforts on just ONE aspect of the subject.
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Whenever Paula works in a group, she gives less effort than when she works individually. What term best describes this scenario?
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Provide a brief conclusion that wraps up the elements of the paper. Reflect on the various topics described in the instructions above.
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