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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their merchandise this applies for budgeters like C&A as well as for luxury brands like Gucci or Prada. This paper aims to assess those emerging forms of distribution channels by outlining the prevailing formats and exhibiting examples of such innovations by the means of a mini case study for each respective innovative distribution channel. Characteristics of the Fashion Industry What Is Fashion? "Fashion is a form of ugliness so intolerable that we have to alter it every six months." (Oscar
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Normal Distribution Normal distribution is a statistics‚ which have been widely applied of all mathematical concepts‚ among large number of statisticians. Abraham de Moivre‚ an 18th century statistician and consultant to gamblers‚ noticed that as the number of events (N) increased‚ the distribution approached‚ forming a very smooth curve. He insisted that a new discovery of a mathematical expression for this curve could lead to an easier way to find solutions to
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El Paso and gradually built a customer base throughout Texas. A distribution center was established in Ft. Worth‚ Texas later‚ as business expanded to the north; a second distribution center was established in Santa Fe‚ New Mexico. The El Paso plant was expanded when the company began marketing its meters in Arizona‚ California‚ Nevada‚ and Utah. With the growth of the West Coast business‚ the Darby Company opened a third distribution center in Las Vegas and just two years ago opened a second production
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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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Assignment Q1Find the parameters of binomial distribution when mean=4 and variance=3. Q2. The output of a production process is 10% defective. What is the probability of selecting exactly two defectives in a sample of 5? Q3. It is observed that 80% of television viewers watch “Boogie-Woogie” Programme. What is the probability that at least 80% of the viewers in a random sample of five watch this Programme? Q4. The normal rate of infection of a certain disease in animals is known to
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Product and Distribution Management Designing Channel Systems Elyssa Lucagan Julienne Anne Imperial Channel Design Factors • Product Mix and Nature of Product • Marketing Mix Elements • Width and Depth of market/outlet coverage planned • Long term commitments to channel partners • Level of customer service planned • Cost affordable on the channel system • Channel control requirements of the company CHANNEL DESIGN AND PLANNING PROCESS • Define customer needs • Clarifying channel objectives •
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wer of antibacterial soap? Rithika: We can test our hypothesis on the cleansing power of antibacterial soap by using both petri dishes and testing the amount of bacteria on our hand before and after using the soap. We will be able to calculate the amount of colonies of bacteria by using the petri dishes. Calculated the difference between both samples will help us to see whether the antibacterial soap will really help us to defeat more bacteria than the regular soap. If the hypothesis is correct
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I found the concept on frequency distribution using Google and the search words “frequency distribution” at http://www.mathsisfun.com/data/frequency-distribution.html This website is geared towards younger people and therefore breaks down frequency distribution into very basic terms: values and their frequency (how often each value occurs). The website uses the example of a child’s soccer team and how many goals they scored in recent games. For the assignment this week‚ I have chosen to use the
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and MOSCHINO Cheap and Chic. The MOSCHINO‚ LOVE MOSCHINO and MOSCHINO Cheap&Chic have different prices‚ competitors and consumers‚ but what they have in common is Franco Moschino‚ which considered himself a communicator and once he told-"Fashion should be fun and it should send a message". He combined clothes and accessories with graphics-happy faces‚ hearts and messages. These ideas are now reflected in the main collections of MOSCHINO‚ LOVE MOSCHINO and MOSCHINO Cheap&Chic. First of all I decided
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