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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Yash Bhatt Education is a Key to Success Education gives me knowledge of the world around me‚ while opening doors to brilliant career opportunities. Education builds confidence to make decisions‚ to face life‚ and to accept successes and failures. The best way to reach career success is to map out a strategy and set goals. College is a choice‚ it is the beginning of a life long journey that will shape and determine future choices‚ decisions and purposes. Education will provide me with skills
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stimuli enter the customer’s consciousness‚ and a set of psychological processes combine with certain customer characteristics to result in decision processes and purchase decisions. The marketer’s task is to understand what happens in the customers’s conciousness between the arrival of the our-side marketing stimuli and the ultimate purchase decisions. Four key psychological processes : • Motivation • Perception • Learning • Memory Fundamentally influence customer responses. 1. Motivaton
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both the terms were used in 1933 by Prof. Ragnar Frisch from Oslo University of Norway. Macroeconomics (from the Greek prefix makro- meaning "large" and economics) is a branch of economics dealing with the performance‚ structure‚ behavior‚ and decision-making of an economy as a whole‚ rather than individual markets. This includes national‚ regional‚ and global economies. Macroeconomists study aggregated indicators such as GDP‚ unemployment rates‚ and price indices to understand how the whole economy
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same necklace. Three keys of different size‚ shape and texture hang heavy from a thick‚ bronze chain. A strange metallic stench often radiates from where it lay against my chest. It only comes off my neck just before I head off to bed‚ no sooner‚ no later. Occasionally‚ however‚ I will forget to replace it around my neck. On these days I am less stable‚ since I have grown accustomed to
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Chapter 13 KEY ASPECTS OF IP LICENSE AGREEMENTS © 2007 Donald M. Cameron Ogilvy Renault LLP The author thanks Rowena Borenstein for her assistance in writing an earlier version of this paper. TABLE OF CONTENTS 1. Defining Intellectual Property Rights ............................................................................................... 1 (a) Patents.....................................................................................................................
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Opportunity is the key to success First of all I feel very happy that we both sides have grasped the opportunity to realize our same goal. That is to win! That is to succeed! We believe opportunity is the key to success. Let me give a definition to words “opportunity” and “key” here. Opportunity here only refers to one that we disover‚ seize and take advantage of. Key is a way to solve a problem. Every lock has a key. Success is a lock that requires several keys to work together. Only
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With the current landscape of healthcare in the United States‚ there are several stakeholders that have conflicting vision as to healthcare administration. Looking at the few key stakeholders‚ it is comprised of Patients‚ Physicians‚ Hospitals‚ and Payors. Each of the respective groups have different view points on how healthcare administration is judged to be a successful delivery. Exploring each stakeholder’s view of healthcare will provide us with a better understanding of their goals. Understanding
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Communities are Key According to StatisticBrain.com‚ there are over 1‚000 cities in the world that have 500‚000 people living in them. That is a lot of people. Inside each of those cities there are hundreds of various communities. Some communities are small and while others are large; some are welcoming and some are intimidating; some are important and some are just those that you pass through to get to bigger and better ones. None the less‚ there are many different kinds of communities but one
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sent as plain text. Public key encryption is a type of cryptographic system where each party has both a private and a public key‚ which are mathematically linked to each other. The public key is used for encrypting plaintext to “ciphertext” (essentially‚ gibberish)‚ while the private key is used for decrypting that gibberish back into plaintext. Once a message has been encrypted by a public key‚ it can only be decrypted with the corresponding private key. Neither key can perform both functions by
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