Math 201-Basic Statistics Jonathan Sainz Dr. K 7/11/13 Case Assignment #1 1) 1. In a poll‚ respondents were asked whether they had ever been in a car accident. 177 respondents indicated that they had been in a car accident and 107 respondents said that they had not been in a car accident. If one of these respondents is randomly selected‚ what is the probability of getting someone who has been in a car accident?
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September 11‚ 2001 was a defining moment in American history‚ as well as a defining moment in the history of the fire service‚ when 343 fire fighters were lost in the 2 largest building collapses in recorded history (Brannigan & Corbett‚ 2015). The mechanism of the collapse of these structures has become a source of debate. NIST analyzed the collapse and arrived at a conclusion as to the contributing factors of the collapse of the buildings. Some of the factors include dislodged fire proofing‚ weakened
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What is Industry 4.0? The soul of vision Industry 4.0 ‘ internet of things ‘ means the universal connection of things‚ people and machines. The intent of this connection is to produce variety of new products and services in a more efficient manner and on a large scale. This idea was first conceptualised by the German government. The basic idea behind this is to create smart factories in which the products‚ transport modes and the machines communicate with each other to create a virtual market place
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Filmore Case Study Case synopsis Filmore Furniture is company that produces colonial maple furniture‚ incorporated by Fred Filmore in 1970. The company later was sold to his son Phil Filmore who was an innovative strategist in the business and introduced new designs and marketing strategies. From 1983-1993 Phil achieved over 5 million in sales for the business‚ but due to the highly competitive furniture industry profits remained low. In 1999 Phil died from a car accident leaving his entire estate
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Case #1 [Type the document subtitle] 2/16/2014 Review Comments Summary Discussion Questions – 2 Hours Exercise – 1.5 Hours Table of Contents Title Page……………………………………………………………..………………………….. Review Comments…….……………………………………………………………………........1 Team Summary …………………………………………………………………………………..2 Table of Contents……………………………………………………………………………..….3 Discussion Questions……………………………………………………………………………...4 Question #1………………………………………………………………………………
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Case (1) ExxonMobil 1. Which‚ if any‚ of the pricing strategies discussed in the chapter are being applied by ExxonMobil and other oil companies? Could they adopt any other strategies? ExxonMobil and other companies in the retail oil industry are working in monopolistic competitive market. The market demand in oil industry is inelastic in short run and all the companies have their own share in oil demand. In the monopolistic competition like in the case of ExxonMobil and
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TANGLEWOOD STORES -Planning- Specific Assignment Details 1.Currently the organization expects that their forecast for labor requirements is essentially constant from the previous year. Based on this assumption complete the five stages of the planning process: a. Currently the organization expects that their forecast for labor requirements is essentially constant from the previous year. This means the forecast for next year will be taken as given. b. Fill in the empty cells in the forecast
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I. Executive Summary In the wake of rising competition in the Indian Soap Industry‚ Himalaya Drug Company faced a challenge in positioning its recently launched Herbal Bath Soap—Himalaya Herbal Soap. After a gamut of successful health and wellness products‚ the Himalaya Drug Company recently entered the Soap Industry by launching Himalaya Herbal Soap. Entry into this overcrowded segment proved extremely difficult as it had to face intense completion from other established brands. Thus repositioning
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Film is a large multi-billion dollar industry in the USA and worldwide overall. Compared to other industries it has a very unique characteristic. For example when it comes to the real estate‚ fashion‚ cars consumer cost will always reflect the cost of manufacturing. If Nissan spends less on manufacturing a car‚ it will charge less than what Rolls Royce would. This rule doesn’t hold in the movie industry. When a person goes to a movie theater they have a wide variety of choices and the price for
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CASE STUDY INTRODUCTION Tapal is a shining example of a successful brand‚ born in Pakistan‚ competing neck to neck with a formidable multinational. Managing Director of Tapal Tea (Pvt.) Ltd.‚ Aftab Tapal belongs to the third generation of a business family. A well-trained tea taster and tea connoisseur himself‚ Aftab introduced new tea concepts and developed a wide range of tea blends catering specifically to the tastes of people throughout Pakistan. BRIEF HISTORY Tapal is neither a rags-to-riches
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