distribution To calculate the covariance and understand its use in finance To compute probabilities from binomial‚ hypergeometric‚ and Poisson distributions How to use the binomial‚ hypergeometric‚ and Poisson distributions to solve business problems Copyright ©2012 Pearson Education‚ Inc. publishing as Prentice Hall Chap 5-2 Definitions Random Variables A random variable represents a possible numerical value from an uncertain event. Discrete random variables produce outcomes that
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Cigarette smoking is the number one cause of preventable disease and death worldwide. Smoking-related diseases claim more than 480‚000 American lives each year. Smoking cost the U.S. at least $289 billion each year‚ including at least $150 billion in lost productivity and $130 billion in direct healthcare expenditures. Cigarette smoke contains more than 7‚000 chemicals‚ at least 69 of which are known to cause cancer. Smoking can lead to nicotine addiction. It changes your brain and it develops extra
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Check‚ Please During spring break‚ I have plenty of time to watch Bay Area local TV program Check‚ Please! It is a popular program for reviewing and describing different local restaurants. In each episode‚ they invite three guests sitting together with the host to discuss three eating establishments‚ each guest recommends one his/her favorite restaurant on the show‚ and everyone in the group is required to visit other person selection. Then‚ they start to discuss their experience. Leslie
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Why smoking should be banned in public places I’d like to first say that I am a very happy non – smoker. I don’t wish to offend anyone here but just to inform you of what I believe is something that we all should know about thoroughly. If we don’t know the effects and dangers properly we will do serious damage not just to ourselves but to everyone around us. And I’m almost positive that you have heard that before but personally I think you should hear that as much as possible. Smoking should be
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PR is about reputation – ‘the result of what you do‚ what you say and what others say about you’ (www.cipr.co.uk). How does this compare with Bernays’ ideas of PR as Propaganda and today’s Nudge and Persuasion theories? Submission Date: 24/10/2014 Word Count: 1572 words According to CIPR (accessed in 2014)‚ public relations is about reputation. This essay will focus on CIPR’s arguments and compare it with Bernays’ ideas and Nudge and persuasion theories. In the first place‚ this essay will introduce
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Name -----------------------------------ID# -----------------------------------Public Finance Homework 2 Due in class – October 28 There are 20 multiple-choice questions‚ each is worth 5 points for a total of 100 points plus one extracredit question. Please‚ write with pen‚ print and staple this HW. I. Externalities Problem: Firms A and B each produce 80 units of pollution. The federal government wants to reduce pollution levels. The marginal costs associated with pollution reduction are MCA
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Introduction Solutions Software Company is a leading international software company. It is Australian division which is located in Sydney. Jane Cordon is new General Manger in Solutions Software Company. However‚ due to strange work environment and new work requirements‚ there exist many problems in Solutions Software Company. These problems include leadership skill problems‚ conflict of communication or inappropriate leadership style. If some problems don’t gain effective solutions‚ conflict between
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There are about 3 million car-related injuries a year‚ 2 million permanent injuries and 40‚000 deaths in the U.S. each year. The Department of Transportation’s statistics indicate that accidents are generally related to irresponsible driving behavior. About 40% of fatalities are related to drinking and driving‚ 30% to speeding and about 33% from a car going off the road. Seat belt use is only at about 68% nationally‚ despite it being a highly cost-effective means to prevent fatalities and serious
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Problem Set Seven Solutions Chapter 9 1. Two car manufacturers‚ Saab and Volvo‚ have fixed costs of $1 billion and constant marginal costs of $10‚000 per car. If Saab produces 50‚000 cars per year and Volvo produces 200‚000‚ calculate the average fixed cost and average total cost for each company. On the basis of these costs‚ which company’s market share should grow in relative terms? Answer: Average total cost is average fixed cost plus marginal cost: ATC = FC/Q + MC. Volvo’s average fixed cost
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Quiz. Evaluate the following problems. Show your solution and encircle your final answer. 1. In a 25-kVA‚ 2000/200 V‚ single phase transformer‚ the iron and full load copper losses are 350 W and 400 W respectively. Calculate the efficiency at unity power factor on a) full load‚ b) half full-load. 2. If P1 and P2 be the iron and copper losses of the transformer on full load‚ find the ratio of p1 and P2 such tat maximum efficiency occurs at 75% full load. 3. A 5-kVA‚ 2300/230 V‚ 50 Hz transformer
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