#1 True or false: Even if the sample size is more than 1000‚ we cannot always use the normal approximation to binomial. Solution: If a sample is n>30‚ we can say that sample size is sufficiently large to assume normal approximation to binomial curve. Hence the statement is false. #2 A salesperson goes door-to-door in a residential area to demonstrate the use of a new Household appliance to potential customers. She has found from her years of experience that after demonstration‚ the
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Condom Availability in College Due to the escalating spread of sexually transmitted diseases throughout the country‚ the College Administration at County College has decided to install condom dispensers in all campus restrooms in an attempt to prevent and decrease the transmission of STD’s. HIV/AIDS is the specific deadly disease that the college is mostly concerned about. Although this decision has caused a great deal of controversy among the county college community‚ the installation of condom
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Question 1 The following table gives the classification of the amount paid and the method of payment at a department store. Cash Credit Debit Total < $20 10 8 6 24 $20 - $100 15 25 10 50 Over $100 5 15 6 26 Total 30 48 22 100 a) Find the probability that the amount paid is < $20 Answer: P(<$20) = b) Find the probability that the method of payment is credit Answer: P(Credit) = c) Find the probability that the amount is <$20 and the method of payment
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Running head: GILLETTE CASE ANALYSIS Gillette Case Analysis Daniel J. Tirado Fontbonne University Professor Ed Scholl BUS 571 Section 020 March 5‚ 2015 Executive Summary The Gillette Company has been presented with a potential business opportunity to expand its offering with a new razor. Market research indicates that the new product will be well received and that it will obtain 10% market penetration. An initial pro forma modeled net cash flows of $22‚710‚427 over four years including
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Loctite Corporation – International Distribution Background 1. Loctite Corporation was founded in 1956; Headquartered in Hartford‚ Connecticut. It had grown to become the global leading manufacturer and marketer of adhesives‚ sealants‚ and relative products‚ especially the impressive growth during the 1980s. It had achieved Fortune 500 status in 1990‚and in 1991 was ranked 477 in revenue‚ 190 in profits‚ 24 in profit as a percentage of sales‚ and 18 in per share annual growth over the previous
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Functions and types of channels of distribution * Functions; reconcile the needs of producers and consumers‚ improving efficiency‚ improving accessibility and providing specialist services * Consumer Channels; producer direct to consumer‚ producer to retailer to consumer‚ producer to wholesaler to retailer to consumer‚ producer to agent to distributor to wholesaler to retailer to consumer * Industrial Channels; producer to industrial customers‚ producer to agent to industrial customer
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GEMA 5400 | Brunswick Distribution Inc | Case Analysis | | | | Table of Contents Introduction ………………………………………………………………..1 Executive Summary ……………………………………………………2 Application and Analysis ……………………………………………..3 Literature Review………………………………………………………….4 Conclusion……………………………………………………………………..5 Bibliography…………………………………………………………………..6 Appendix…………………………………………………………………………7 INTRODUCTION Brunswick Distribution started as a small distribution company 10 years ago when
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Direct marketing as a channel of distribution Direct marketing is the direct selling of products to the consumer. Examples: telesales‚ e-commerce‚ vending machines and direct mail Advantages * Because there is no intermediaries‚ the businesses does not have to share so much of its profit * Firms can have direct control over their marketing * Developments in e-commerce‚ which means that this channel of distribution is growing in popularity among customers * Direct marketing can
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1.1 Introduction A distribution channel is the specific chain of businesses or intermediaries through which products or services flow till these arrive the end customer. This encompasses wholesalers‚ retailers‚ distributors or the internet or web-based. Channels can be classified into direct and indirect channels. A direct channel enables the customer to purchase the products from the manufacturer‚ and an indirect channel enables the customer to purchase the items from wholesaler or retailer.
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Is there any difference between channel conflict and channel competition? The main difference between these two terms is the consequences of the new competition. What I understand from the texts is that the channel conflict is derivated from the channel competition but this last not necessarily has to end in a conflict. So‚ the channel competition is when one channel serves customers that are already served by other channel but in different situations and offering different value proposition;
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