Question 4 (25 marks) Golden Golf Inc. has been in merger talks with Birdie Golf Company for the past six months. After several rounds of negotiations‚ the offer under discussion is a cash offer RM550 million for Birdie Golf. Both companies have niche markets in the golf club industry‚ and both believe that a merger will result in synergies due to economies of scale in manufacturing and marketing‚ as well as significant savings in general and administrative expenses. Bryce Bichon‚ the financial
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C: 2-8 What items are considered to be property for purposes of Sec. 351(a)? What items are not considered to be property? Items that are considered property include all types of property‚ such as cash‚ accounts receivable‚ inventories‚ patents‚ installment obligations‚ equipment‚ and buildings. Services‚ certain debt of the corporation‚ and certain accrued interest on debt are not treated as property. C: 2-43 Liabilities in Excess of Basis. Barbara transfers $10‚000 cash and machinery having
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cutting a deck of cards for $1‚000. What is the probability that the card for the gambler will be the following? a. A face card – there are 12 face cards in a deck of 52 cards. The probability would be 12/52 b. A queen – there are 4 queens in a deck‚ so the probability would be 4/52 c. A Spade - There are 13 cards of each suit so the probability is 13/52 or ¼. d. A jack of spades - There is only 1 jack of spades in a deck‚ so the probability would be 1/52 2. The employees in the textile
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vital statistics of populations studied probability through games of chance‚ gambling | 18th Century | Laplace‚ Gauss | normal curve‚ regression through study of astronomy | 19th Century | Quetelet Galton | astronomer who first applied statistical analyses to human biologystudied genetic variation in humans(used regression and correlation) | 20th Century (early) | PearsonGossett (Student) Fisher | studied natural selection using correlation‚ formed first academic department of statistics‚ Biometrika
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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‚ we will NOT be using the 7th edition – please purchase the 6th edition Additional learning material may be posted from time to time Blackboard Site A Blackboard course site is set up for this course. Each
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concerning the use of statistics and the study of probability. He gives us historical background on the development of probability studies tied to games of chance; basic ideas of probability that are part of our mental arsenal and can be used in all kinds of unexpected situations; implications on statistics. First of all‚ he talks about that probabilities take their place in every part of our life‚ how can we put statistics in our life‚ how can we calculate the probability‚ which is born in the
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MTH3301 Fall 2012 Practice problems Counting 1. A closet contains 6 different pairs of shoes. Five shoes are drawn at random. What is the probability that at least one pair of shoes is obtained? 2. At a camera factory‚ an inspector checks 20 cameras and finds that three of them need adjustment before they can be shipped. Another employee carelessly mixes the cameras up so that no one knows which is which. Thus‚ the inspector must recheck the cameras one at a time until he locates all the bad ones
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Binomial Distribution P(S) The symbol for the probability of success P(F) The symbol for the probability of failure p The numerical probability of a success q The numerical probability of a failure P(S) = p and P(F) = 1 - p = q n The number of trials X The number of successes The probability of a success in a binomial experiment can be computed with the following formula. Binomial Probability Formula
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analysis‚ we compared the profits earned by 60 Crusty Dough Pizza Company restaurants to factors associated to their menu‚ amenities‚ services‚ and statistics regarding the restaurant communities. The factors that we analyzed are listed in Table 1. Table 1. List of Factors Compared to Monthly Profit We computed descriptive statistics (mean‚ median‚ mode‚ standard deviation‚ coefficient of variation‚ range‚ and outliers) for the 16 factors given in the data and for monthly profit
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Unit 1 Problem Set 1 26. Surgery Versus Splints A study compared surgery and splinting for subjects suffering from carpal tunnel syndrome. It was found that among 73 patients treated with surgery‚ there was a 92% success rate. Among 83 patients treated with splints‚ there was a 72% success rate. Calculations using those results showed that if there really is no difference in success rates between surgery and splints‚ then there is about 1 chance in 1000 of getting success rates like the ones obtained
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