STAT220 Spring 2012 Practice Midterm 1. Let A and B be events such that P(A) = 0.25 and P(B) = 0.16. Find P(A|B) if (a) P(A B) = 0.06 (b) P(B|A) = 0.4 (c) P(AB) = 0.33 (d) A and B are independent (e) A and B are mutually exclusive 2. Among employees of a certain firm‚ 70% know C/C++‚ 60% know Java‚ and 90% know at least one of the two languages. (a) What is the probability that a selected programmer knows both languages? (b) What is the probability that a selected programmer knows C/C++ but not
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authority is broader in scope and involves the transfer of authority in the organisation context from top to lower levels of management in the hierarchy. Thus the greater amount of authority delegated throughout the organisation‚ the more decentralized the organisation is. Basic points of difference are as below: Basis of Difference Delegation of Authority Decentralization 1. Nature Delegation of authority is inevitable for every organization because managers have to delegate authority to
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Geometry Notes Second Semester I. Area‚ Surface Area and Volume & Circumference Circumference is the linear distance around the outside of a circular object. • C = π • d or π • 2r. • d = diamater or (radius • 2) • r = radius II. Perimeter Perimeter is the distance around a figure. * It is found by adding the lengths of all the sides. * Finding perimeter on the coordinate plane may require the use of the distance formula: (2 x width) + (2 x height) III. Regular Polygon • A regular
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Exam #1 Study Guide Chapter 1 1. Identify the five major characteristics of a project. a. An established objective b. A defined life span with a beginning and an end c. Usually‚ the involvement of several departments and professionals d. Typically‚ doing something that has never been done before e. Specific time‚ cost‚ and performance requirements 2. Identify and briefly describe the six factors that are increasing the demand for project management.
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Chapter 1: Introduction to accounting Multiple Choice 1. Which of these is a decision relevant to the accounting function of an entity? a. Whether debts can be repaid b. Finding the most cost effective way to produce goods c. The investment prospects of the entity d. None of the above e. All of the above 2. Under the Framework describes the qualitative characteristic of relevance as: a. information that is of value to users in decision making. b. information that can be classified. c.
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References: Apple‚ (2012). Applel Links. Retrieved July July 29‚ 2012‚ from Apple News: http://applenews.net/ Bateman‚ T. S.‚ & Snell‚ S. A. (2011). Management: Leading & collaborating in a competitive world (9th ed.). New York‚ NY: McGraw-Hill Irwin. EHow. (2012). Microsoft Corporation ’s Organizational Structure. Retrieved July 27‚ 2012‚ from Ehow Money: http://www.ehow.com/facts_6917145_microsoft-corporation_s-organizational-structure_
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Supporting Good Practice in Performance and Reward Management 1. Explain at least 2 purposes of performance management and its relationship to business objectives. Performance management is a holistic procedure collectively brings various types of elements that constitute towards the flourishing exercise of people management including‚ above all‚ learning and development. The purpose of Performance management is to develop the ability of individuals to meet and often exceed expectations
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or answers the question. Then mark your response on the answer sheet. Unless otherwise stated‚ demand curves are negatively sloped and supply curves are positively sloped. The midpoint and point formulae for elasticity are‚ respectively: ____ 1. If the government wants to reduce smoking‚ it should impose a tax on a. buyers of cigarettes. b. sellers of cigarettes. c. either buyers or sellers of cigarettes. d. whichever side of the market is less elastic. Figure 6-23 ____ 2
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PRACTICE EXAM 1 First Name _________________________________ Last Name ---------------------------------MATH 1013 _____________________________________________________________________________________________________ SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. Provide an appropriate response. 1) IRS guidelines state that a married person under 65 years of age who can be claimed as a dependent on another person’s tax return must file a
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Chapter 1 An Overview of Financial Management Learning Objectives After reading this chapter‚ students should be able to: ◆ Explain the role of finance‚ and the different types of jobs in finance. ◆ Identify the advantages and disadvantages of different forms of business organization. ◆ Explain the links between stock price‚ intrinsic value‚ and executive compensation. ◆ Discuss the importance of business ethics and the consequences of unethical behavior. ◆ Identify
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