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    Ratio Statistic

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    Ratio | Industry benchmark ratio | Woolworths’ ratio | Brief Comment | Current Ratio | 1.2:1 | 0.80:1 | The current ratio ofWoolworth is considerablybelow industry average themovement from it is 33.33% (1.2-0.8)/1.2*100) Which is not really good for business | Liquid ratio | 0.7:1 | 0.34:1 | The Liquid ratio of Woolworth is considerably below industry average. The movement is 51.43 %. It is showed that the business may have problem in paying their debt.(0.7-0.34/0.7*100) | Gross Profit ratio

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    Economic Statistics

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    1. “What is the life expectancy for Caucasian males that have survived 54 years?” The answer will almost certainly be larger than 72. I want an estimate “conditioned on” the fact that I have already lived 54 years. Life is dynamic. Things are constantly changing. However‚ too often decisions are based on static information. Bayes theorem takes advantage of dynamic information to give a better‚ more correct answer. Bayes Theorem is a mathematical representation that helps one to calculate conditional

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    Statistics Questions

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    QUESTION 21 The finishing process on new furniture leaves slight blemishes.  The table below displays a manager’s probability assessment of the number of blemishes on one piece of new furniture.    Number of Blemishes 0 1 2 3 4 5 Probability 0.34 0.25 0.19 0.11 0.07 0.04 1. On average‚ how many blemishes do we expect on one piece of new furniture?  2. What is the variance of blemishes on one piece of new furniture? (round to the nearest hundredth)  QUESTION 22 The probability

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    Statistics Quiz

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    Top of Form Question 1 1 / 1 point Despite its widespread availability‚ ________ typically provide(s) the least depth of news coverage. radio television the Internet newspapers magazines Question 2 1 / 1 point Which group has had great popularity on radio talk shows? conservatives liberals socialists communists racial and ethnic minorities Question 3 1 / 1 point Which of the following statements about newspapers is NOT accurate? Newspapers are no longer the primary

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    in almost 9.5 billion pounds of live chicken annually. [1] Pilgrim’s Pride products are distributed primarily through foodservice and retail outlets. Pilgrim’s traces its origins to a feed store opened in 1946 in Pittsburg‚ Texas by Lonnie "Bo" Pilgrim and his older brother‚ Aubrey. The brothers were known to give away free chicks with the bags of feed they sold‚ thereby expanding their business. Bo Pilgrim‚ wearing traditional Pilgrimdress‚ with a pet chicken named "Henrietta" under his arm‚ was

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    Strategic Management SIM336 Case Study – Kentucky Fried Chicken & The Global Fast-Food Industry in De Wit & Meyer (2004:909-927) Executive summary It is basically to introduce the strategic management of Kentucky fried chicken & understanding key strategic issues relating to the global fast-food industry. In this report‚ there will be an analysis on the complexity of organisations and the environments by utilising the SWOT analysis‚ Porter’s Value Chain and Porter’s

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    Every culture has their idea of beauty. In North America‚ our idea of beauty for a woman is that she must be thin‚ with long lean legs and arms‚ medium build‚ flat stomach and a thin face. When Catherine arrived in Gambia‚ she found out quickly that their idea of a beautiful woman is the polar opposite. To them‚ a thin person reminds them of poverty‚ drought and starvation. Catherine’s acculturation process begins the first time she puts on African clothing in preparation for a baptism ceremony

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    Questions raised Q1: Do you believe Mary has adequate inputs to decision-making or is it that he really needs an real and good research ? A1: I would say that Mary has some relevant inputs which would help him start-up his new venture‚ but these aren’t enough. For instance the survey does not give a mention of what percentage of people are vegans? Or how much on an average does a particular age group of people spend on a meal? It would also be helpful to find out what kind of occupation

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    Chicken Cruelty The average American eats more than 75lbs of chicken a year. But what most don’t know is that this chicken comes at a high cost that is hidden from consumers. When we buy chicken from a store or restaurant its hard to remember that this meat comes from an animal. Most don’t know how this meat is produced‚ we see the end product‚ cut and shrink wrapped or battered and deep fried. You may have an idea of what a chicken looks like in your head from long ago where they are plucking

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    In the documentary‚ The Natural History of the Chicken‚ written and directed by Mark Lewis and produced by PBS‚ Lewis wants to show viewers that chickens are perceived differently by many and are not only entrées. Through a series of personal experiences and events‚ Lewis portrays the variety of roles chickens play in the lives of Americans. By showing the chicken farms‚ Lewis shows ethos and credibility because he actually shows that the information he is giving is true. It is sad when the little

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