possibilities at hand and the gamblers will more likely go to a place with entertainment and good food and lodging. There is in effect a transfer price between the Hotel and Entertainment divisions and the Gambling division. To reflect a good approximation of opportunity cost this transfer price could never be market based because of the large
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are Poissonally distributed‚ find a. the probability that a square will contain exactly 4 live adult insects (2 points) b. f(3) ( 1 point) c. the probability that a square will have more than 3 live adult insects. (2 points) 4. Use the normal approximation to compute the probability that between 50 and 75 of 100 white blood cells will be neutrophils‚ where the probability that any one cell is a neutrophil is 0.6. These values are chosen as proposed limits to the range of neutrophils in normal people
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------------------------------------------------- Interest rate parity From Wikipedia‚ the free encyclopedia Interest rate parity is a no-arbitrage condition representing an equilibrium state under which investors will be indifferent to interest rates available on bank deposits in two countries.[1] The fact that this condition does not always hold allows for potential opportunities to earn riskless profits from covered interest arbitrage. Two assumptions central to interest rate parity are capital
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Aryabhata-siddhanta he took the day from one midnight to another. There was also difference in some astronomical parameters. Aryabhatta was the first to explain how the Lunar Eclipse and the Solar Eclipse happened. Aryabhatta also gave close approximation for Pi. In the Aryabhatiya‚ he wrote-“Add 4 to 100‚ multiply by 8‚ then add 62000 and then divided by 20000. The result is approximately the circumference of a circle of diameter twenty thousand. By this rule the relation of the circumference to
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Statistical Analysis BU 510 601 2 Credit Hours Fall 2013 Instructor: Shrikant Panwalkar Office phone: (410) 234 9456 Office Hours: By appointment panwalkar@jhu.edu Required Text and Learning Materials Business Statistics in Practice; 6th Edition‚ McGraw-Hill Higher Education‚ ISBN-13 978-0-07-340183-6 (There are other ISBN numbers) Authors: Bowerman‚ Bruce; O’Connell‚ Richard. (the cover shows a third author – Murphree) Please note: 7th edition is available‚ however
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Archimedes is also known for his approximation of pi (p). His method for finding the approximation was by "circumscribing and inscribing a circle with regular polygons having ninety-six sides". Archimedes stated that the value of p was between 31/7 and 310/71. Some of his other theorems concern the centers of gravity
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The Inerrancy of Scripture Over the past 100 years theologians have critically debated the inerrancy of the Bible. Scholars such as J.I. Packer‚ Calvin‚ Hannah‚ and Grudem make a strong case for the historical assertion of Biblical inerrancy. They refute the elements of criticisms with a case for the substantiation of the inerrancy of the Holy Script. One must begin with the definition of inerrancy. Grudem defines biblical inerrancy as: the inerrancy of Scripture means that Scripture
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Algebraic Fractions An algebraic fraction can always be expressed in different‚ yet equivalent forms. A fraction is expressed in its simplest form by cancelling any factors which are common to both the numerator and the denominator. Algebraic Fractions can be simplified by cancelling down. To do this‚ numerators and denominators must be fully factorised first. If there are fractions within the numerator/denominator‚ multiply by a common factor to get rid of these and create an equivalent fraction:
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we are obtaining approximate solutions to approximate problems‚ but it does allow some simplifications to be made. The basic approximation in open channel hydraulics‚ which is usually a very good one‚ is that variation along the channel is gradual. One of the most important consequences of this is that the pressure in the water is given by the hydrostatic approximation‚ that it is proportional to the depth of water above. In Australia there is a slightly non-standard nomenclature which is often
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a lot of nagging‚ but she soon resigns herself to the fact that these tactics are not going to work. While on a trip to California to research a school for exotic animal trainers‚ Sutherland studied the techniques students were using‚ such as “approximation”: rewarding the small steps toward learning a whole new behavior‚ “least reinforcing syndrome”: not responding in any way to bad behavior‚ and “incompatible behaviors”: a behavior that makes the undesirable behavior impossible. Soon she realized
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