the lectures‚ graphs should be able to stand alone. “A Graph should sing its song!” Bin ranges are correct. However‚ the largest percentage does not lie between 139‚ 179. Both are upper boundaries. Following this logic would mean that there are a total of 31 data values as being the largest percentage‚ which your graph does not support. In determining between what two amounts does the largest percentage of observation lie? You should identify the tallest bar or view the bin-frequency table. That
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2010 Words of Probability ISHIGURO‚ Makio(The Institute of Statistical Mathematics) Words of Probability ISHIGURO‚ Makio(The Institute of Statistical Mathematics) Key Words: subjective probability‚ confidence‚ belief‚ frequency‚ verbal expression Abstract There are everyday expressions such that ’probably’; ’might be’;’could be’ etc.‚ to describe the strengths of one’s confidence in the occurrence of events in the future. On the other hand there are probability theory expressions
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Use this probability to calculate the approximate number of packets containing no defective‚ one defective and two defective pens‚ respectively in a consignment of 20‚000 packets [ e^(--0.02) =0.9802 ] Ans. : 19604‚ 392‚ 3.92=4 respectively 2. A manufacturer who produces medicine bottles finds that 0.1% of the bottles are defective. The bottles are packed in the boxes of 500 bottles. A drug manufacturer buys 100 boxes from the producer of bottles . Using suitable probability distribution
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Case Analysis: Colgate Precision Prepared for Instructor University Prepared by Student University October 19‚ 2011 INTRODUCTION Colgate-Palmolive has been researching and developing a superior toothbrush‚ the Colgate Precision‚ and as the Precision Product Manager I have overseen the development of the Precision from start to finish. We have been developing a technical innovation in the toothbrush industry‚ and with the product’s launch pending there have been several factors
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create exchanges that satisfy individual and organizational objectives.” In this report‚ we will discuss about the marketing mix of Colgate’s toothpaste in Malaysia. Colgate Company is a top global maker and marketer of toothpaste and other soap of cleaning products. According to Ion Cook (Chairman‚ president of Colgate‚ 2007)‚ Colgate began in New York City early in the 19th century. Nowadays‚ it is a truly global company serving hundreds of millions of consumers worldwide. McDaniel‚ Lamb and Hair
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discuss about what is ethics‚ how it affects‚ and ethics in business. In the second part‚ I discussed about options for Colgate to handle the situation. With continuing‚ I focused on importance of brand name and customer loyalty in business. At last this document indicates important of managerial rights. Finally I have given some recommendation and conclusion. Ethical Issues of Colgate Ethics is the study of morality and standard of conduct. Ethics norms and guideline changes from one country to the
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Week Four Discussion 2 1. In your own words‚ describe two main differences between classical and empirical probabilities. The differences between classical and empirical probabilities are that classical assumes that all outcomes are likely to occur‚ while empirical involves actually physically observing and collecting the information. 2. Gather coins you find around your home or in your pocket or purse. You will need an even number of coins (any denomination) between 16 and 30. You do not
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issues faced by Colgate in its partnership with Hawley and Hazel. Answer: Colgate face some strategic and ethical issue in its partnership with Hawley and Hazel. Those are given below: Strategic issue : 1. Colgate had no right to make decision in management which called management prerogative. 2. African black offence it’s product because of brand name and logo promote racism. 3. Overcome bad image because of marketing a toothpaste accused of racism. Ethical issue : 1. Colgate want to take
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MARKETING STRATEGIES Colgate delights consumers around the world with an array of Oral Care‚ Personal Care‚ Home Care and Pet Nutrition products. Behind the success of Colgate’s brands are carefully developed business and marketing strategies. Known for having a long history of strong relationships with its retail trade partners. Small stores around the world are just as important to Colgate as large ones. Based on consumer and shopper insights‚ the Company works closely with local
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Chapter 6 Continuous Probability Distributions Case Problem: Specialty Toys 1. Information provided by the forecaster At x = 30‚000‚ [pic] [pic] Normal distribution [pic] [pic] 2. @ 15‚000 [pic] P(stockout) = 1 - .1635 = .8365 @ 18‚000 [pic] P(stockout) = 1 - .3483 = .6517 @ 24‚000 [pic] P(stockout) = 1 - .7823 = .2177 @ 28‚000 [pic]
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