Normal Distribution:- A continuous random variable X is a normal distribution with the parameters mean and variance then the probability function can be written as f(x) = - < x < ‚ - < μ < ‚ σ > 0. When σ2 = 1‚ μ = 0 is called as standard normal. Normal distribution problems and solutions – Formulas: X < μ = 0.5 – Z X > μ = 0.5 + Z X = μ = 0.5 where‚ μ = mean σ = standard deviation X = normal random variable Normal Distribution Problems and Solutions – Example
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25‚ 28 26‚ 28‚ 26‚ 28‚ 31‚ 30‚ 26‚ 26 the information is to be organized into a frequency distribution. A. How many classes would you recommend? b. What class interval would you suggest? C .what lower limit would you recommend for the first class? d. organize the information into a frequency distribution and determine the relative frequency distribution. e. comment on the shape of the distribution. 15. Molly’s Candle Shop has several retail stores in the coastal areas of North and South
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Channel levels Most businesses use third parties or intermediaries to bring their products to market. They try to forge a "distribution channel" which can be defined as "all the organisations through which a product must pass between its point of production and consumption" Why does a business give the job of selling its products to intermediaries? After all‚ using intermediaries means giving up some control over how products are sold and who they are sold to. The answer lies in efficiency of
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Statistics: • Science of gathering‚ analyzing‚ interpreting‚ and presenting data • Measurement taken on a sample • Type of distribution being used to analyze data Descriptive statistics: Using data gathered on a group to describe or reach conclusions about that same group only. Descriptive statistics are the tabular‚ graphical‚ and numerical methods used to summarize data. Collect‚ organize‚ summarize‚ display‚ analyze Eg: According to Consumer Reports‚ General Electric washing machine
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International Marketing Channels True / False Questions 1. The distribution process includes promotion of goods and services by sellers and resellers. True False 2. The behavior of channel members in the distribution process is the result of the interactions between the cultural environment and the marketing process. True False 3. In an import-oriented distribution structure‚ supply often exceeds demand. True False 4. Traditional channels in developing countries
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”Supply Chain Relationship with Distribution Channel and Alliances” I- Objectives: a. To know the meaning of (i) Distribution Channel and (ii) Alliances; b. To understand the generic Channel distribution structure and Channel alignment of one manufacturer; c. To identify channel distribution functions; d. To learn about the rationale of a Supply chain relationships with distribution channels and alliances; e. To identify some distribution channel and alliances conflicts; and
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UNFAIR DISTRIBUTION OF RESOURCES Resources in the world are distributed differently amongst different people. The developed countries are granted with more resources than the developing countries such as countries in Africa. They have to of thrive on the resources of their own countries‚ most of the time they have no resources at all that can be useful. North Korea has a lack of food and because of that they support their families by eating grass‚ while the people with power and wealth get
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Companies use marketing channels. A marketing channel is related with the ways the services and the products are distributed. Concept of channels in marketing can be applied as promotional channels which include direct marketing or the indirect marketing and the distribution channels. Both of the concepts are very important and there are various reasons because of which the companies have to focus in the selection of these channels. For example‚ distribution channels increases the convenience
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Choosing the most fitting dispersion channel is vital‚ as the decision will decide deals levels and expenses. The decision for a dispersion channel for any business relies upon various variables‚ these include: • How far away the clients are; • The sort of item being transported; • The lead times required; and; • The expenses related with transport; There are four sorts of dissemination methodologies that Coca Cola could have looked over‚ these are: concentrated‚ particular‚ select and coordinate
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6N215 Corporate Financial Reporting Professor Doug DeJong Carrefour Group Assignment Introduction Company Overview Carrefour was founded in 1959 in France. Marketing itself as a one-stop-shop providing a wide range of products at a low cost‚ it is now the second largest retailer in the world and the largest in Europe. In 2012‚ the company continued expanding their international footprint by adding an additional 283 retail points in France‚ Europe and Latin America. As of December 31
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