TUTORIAL 4 – DISCRETE DISTRIBUTIONS Question 1 An experiment consists of picking a card at random from a standard deck of cards and replacing it. If this experiment is performed 12 times‚ what is the probability that you get: (a) exactly 2 aces; (b) exactly 3 hearts; (c) more than 1 heart. Solution Let n = 12‚ the no of experiments. (a) Let p = probability of obtaining an ace in an experiment of picking a card at random from a standard deck of cards; and = 4/52 = 1/13
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27 ™ strength of the ™ Table of ConTenTs 4 Financial Highlights 6 Letter to Shareowners Management’s Discussion & Analysis 13 Notes to Financial Statements 31 Shareowner Information and ™ PeRFoRmAnCe ™ FoR moRe thAn A CentuRy‚ Kellogg Company has been dedicated to producing great-tasting‚ high-quality‚ nutritious foods that consumers around the world know and love. With 2009 sales of nearly $13 billion‚ Kellogg Company is the world’s leading producer of cereal‚ as
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SOCIO-ECONOMIC PROFILE. -IDENTIFY THE PRODUCTS DEMAND WHICH MATCHES THE MARKET. -THEN POSITION THE CARREFOUR RETAIL OUTLETS. 2. Should Carrefour adopt Wal-Mart’s strategy of "low prices everyday"? What would be the advantage or disadvantage of such a strategy? [NO CARREFOUR SHOULD NOT FOLLOW BLINDLY THE WAL-MART. ADVANTAGES -it will gain some limited gain in the market entry. DISADVANTAGES -it will not be able to match the supply chain strength of wal-mart. 3. How could Carrefour differentiate itself
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it has a lot of power it still has to compete fiercely against many rivals which are looking for a bigger share of the market. The suppliers to Kellogg’s are relatively small independent farms which have very limited buyer power. On the contrary Kellogg’s has a high level of power due to the size of the organization but chooses not to abuse it. The threat of entry is relatively low due to various barriers to entry which include large advertising campaigns of existing competitors in the market.
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that uses debt financing will have a higher return on equity (ROE) ratio than one that does not.<br> All other factors being equal‚ a company that uses debt financing will have a higher return on equity (ROE) ratio than one that does not. true false Question 3 2 / 2 pts In general‚ firms want their Times Interest Earned ratio to be as low as possible.<br> In general‚ firms want their Times Interest Earned ratio to be as low as possible. true false Question 4 2 / 2 pts A company whose
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Table of Content • Activity Diagram of Ideo • Case Summary o Structured Innovation in Ideo o Development of 3Com’s Palm V o The “Visor” dilemma • Case Analysis Structured Innovation at Ideo IDEO is an international design and innovation consultancy based in United States of America. IDEO was formed in 1991 by a merger of four established design firms: David Kelley Design (founded by Stanford University professor David Kelley)‚ London-based Moggridge
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Product Planning and Standardization Product * Something produced through labor‚ thought and growth. * It is simply a set of tangible physical and chemical attributes assembled in an identifiable form. New Product * It can be a replacement product for some but imitative to the other. Classification of New Product 1. Innovative Product * These product were created upon realization of an unanswered need in the market which has not been fulfilled by any substitutes.
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Please Check the details for a 3500 words (14 Pages) task deadline: 4th May Price: Rs.3500. Individual Learning Review Essay (40%) You need to evaluate how successful you have been in achieving your learning objectives and why‚ and what you have learned. There are various areas of learning. The four major ones you need to be aware of are set out below: Knowledge: This involves learning about something/someone; it concerns an increase in the scope and depth
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The question in the case is whether Kim should spend the fresh (2nd round) VC financing in Marketing and scale up the business or should focus the resources on fine tuning the existing product. Our recommendation is that the company should allocate around 70% of $4mn in marketing spend and 30% in product development and fine tuning the existing one. This recommendation is primarily based on the fact that the company should maximize the first mover advantage and develop barriers to entry by reducing
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?What could have happened before? Plenty of years before the actual Jack visited the hotel‚ someone had already been there. The funny thing is that it’s someone who looks like him. Anybody could swear it’s him. But how is it possible? More than 40 years had passed and the man in the picture (who looks like he’s in his mid-forties) was still alive and all‚ visiting the hotel (again)? Some old people living in the town‚ who were relatively close to the hotel owners‚ say that nobody really knew the
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