In 1966‚ the U.S. Supreme Court made a landmark ruling in the case of Miranda v. Arizona that established that a suspect has the right to remain silent and that prosecutors may not use statements made by defendants while in police custody unless the police have advised them of their rights. The case changed the way police handle those arrested for crimes. Before questioning any suspect who has been arrested‚ police now give the suspect his Miranda rights‚ or read them the Miranda warning. The
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Q.5 Solution Bill Denomination (X) Number of Bills (f) X*f X2*f $1 520 520 520 $5 260 1‚300 6500 $10 120 1‚200 12000 $20 70 1‚400 28000 $50 29 1‚450 72500 $100 1 100 10000 Total 1000 5‚970 129520 a. b. c. The probability that a bar containing $50 or $100 bill is purchased is 30 / 1000 = 0.03 Hence customer have to buy 100 bars of soap‚ so that he or she has purchased three bars containing a $50 or $100 bill. d. Given n=1000‚ E(X) = 5.97‚ SD(x) = 9.68912
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the system) 2. ‘Fridaz Car Wash at the UTech Barn’ estimates that dirty cars arrive at the rate of 10 per hour all day Friday. With the Hotters’ Girl crew working the single wash line‚ it is estimated that cars can be cleaned at the rate of one every 5 minutes. One car at a time is cleaned. Assuming Poisson arrivals and exponential service times‚ find the a. average number of cars in line. b. average time a car waits before being washed. c. average time a ca spends in the service system
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% % % % 100 % Marks ≥ 85 % qualify as out-standing performance ("A" grade). Minimum pass marks are 40 % (for "D" grade). A(-) to D grades shall be at approximately equal intervals inbetween. 5. Attendance policy Every student is expected to attend every class (lecture and practical) and site visit. Each visit will count as one practical class. Class participation marks will include presence and participation in lectures and practicals (no credit for absence). Absence in a visit
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FALL 2011 Decision Support System and Managerial Decision Making Prof. Hassan Qudrat-Ullah Due Date: December 8‚ 2011 By: Farazeh Khalid Mian Abhishek Sahi Table of Contents SECTION NUMBER | SECTION NAME | PAGE NUMBER | | Abstract | 3 | 11.11.2 | IntroductionWhat is decision making? What is a Decision Support System? | 3‚ 44‚ 5‚ 6 | 22.12.22.3 | Literature Review DSS in the business environmentImportant attributes of the Decision Support SystemCapabilities
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Scenario: USASuperCars sells luxury sports cars. It has just signed a contract to sell‚ in a years’ time‚ a batch of these cars to various customers around the globe. The following table shows the orders of five customers. The selling prices are fixed and in local currencies at the exchange rate prevailing at the time of the delivery. Of course there is uncertainty in the exchange rates‚ and in order to cope with this uncertainty estimates as well as standard deviation of these have been provided
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1. What issues would you take into account? The stakeholders welfare‚ responsibility towards the society (in this case it can be identified as United States or as broad as the global inhabitants) which includes environmental issues‚ and also the ethics. For sure one more important issue is profitability or survivability of the firm. All of the issues mentioned earlier may be thought of as means for ensuring the long-run success of the company. 2. What major sources of uncertainty do you face
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Diversification is a good way to increase profits‚ create more value or reduce market risks from having only one or few product lines. As such‚ different companies diversify for various reasons‚ and therefore‚ diversification can be either related or unrelated. However‚ not all the companies succeed when choosing diversification as part of their corporate strategy. Like everything else‚ diversification does come with its ups and downs. Diversification can be beneficial‚ but probably up to a certain
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Financial management decisions: 1. Capital budgeting (investment) – the whole process of analyzing projects and deciding whether they should be included in the capital budget. Spending capital on assets that will yield highest return for comp over desired time period What to buy so that comp will gain most value 2. Capital structure (financing) – the manner in which a firm’s assets are financed; that is‚ the right side of balance sheet. Capital structure is normally expressed as the percentage
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University Of Belize 11/02/11 Management Information System Assignment 1 1. Management Decision Problem Snyders of Hanover‚ which sells more than 78 million bags of pretzels‚ snack chips‚ and organic snack items each year‚ had its financial department use spreadsheets and manual processes for much of its data gathering and reporting. Hanover’s financial analyst would spend the entire final week of every month collecting spreadsheets from the heads of more than 50 departments worldwide. She would
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