Quantitative Methods in Business – Linear Programming 1- Statement of the Problem: Middle East for investment offers a bundle of investment options in many types of securities. Mr. Brown‚ an investor‚ would like to invest $ 5 million in various securities. He wishes to maximize his yearly profit over the next year. The investment company offered him a portfolio including Bonds‚ Stocks‚ Gold and Land. The expected return is 6% for Bonds‚ 14% for Stocks‚ 10% for Gold and 5% for Land. For diversification
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potential for abuse from young people with eating disorders. Issue Can the Italian government limit the sale of your product to its registered dietary clinics? Rule The rule stipulated in article 34 of the TFEU‚ is that there shall be no quantitative restriction or measures having equivalent effect on imports between member states. Article 36 however allows countries to apply restrictions on imports on grounds of public health. These rules have further been clarified through case law‚ in the
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Comparing Quantitative Research Studies Paula Knight‚ RN NUR 4165 Introduction The purpose of this paper is to critique‚ contrast‚ and compare two research studies. “Assessment of Anxiety in Intensive Care Patients by Using the Faces Anxiety Scale” written by McKinley‚ Stein-Parbury‚ Chehelnabi‚ & Lovas will be referred to as study one (2004). “Prevalence of Limited Health Literacy and Compensatory Strategies Used by Hospitalized Patients” written by Morris‚ Grant‚ Repp‚ MacLean‚ & Littenburg
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MBA 570 Homework Questions Chapter 1 and 2 Chapter 1 (1-20) Mysti Farris (See problem 1-19) is considering raising the selling price of each cue to $50 instead of $40. If this is done while the costs remain the same‚ what would the new breakeven point be? What would the total revenue be at this breakeven point? (Given in problem 1-19: fc of 2400 and vc of 25) (1-21) Mysi Farris (see problem 1-19) believes that there is a high probability that 120 pool cues can be sold if the selling price
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Syllabus Prerequisites: See Current UT Dallas Catalog for Educational and Course Prerequisites Access to a Statistical Package ( for example EXCEL with the Data Analysis Toolpack Add-in‚ or MINITAB‚ or SAS‚ or SPSS‚ etc.) I will be using Microsoft EXCEL. Instructor: John J. Wiorkowski‚ Professor of Statistics Wiorkow@utdallas.edu Telephone: 972-883-2274 (USA‚ on
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20% purchase price‚ calculate the monthly payment. Quantitative Skills Past Year Paper Set 1 Page 2 of 6 1.7 The list price of a water filter is $1438. Ace appliance store can buy the water filter at a discount series of 20/10. i. ii. Find the trade discount. Find the net price of the water filter. 1.8 A netbook sells for $699. The markup rate is 40% of the cost. Find the cost of the netbook and the markup. Quantitative Skills Past Year Paper Set 1 Page 3 of 6 SECTION
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Introduction Data can be defined as two values of levels of measurement (qualitative and quantities). Qualitative and quantitative data form the theory of scales by American psychologist Stanley Smith Stevens. Data can be words‚ numbers‚ figures‚ etc. The document that we are discussing contains many dates‚ percentages‚ numbers and words. For this statistical investigation‚ the document should contain sufficient data backing up statements. This gives the reader acknowledgement that sufficient
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Smoking is a major modifiable risk factor for diseases and premature death‚ and can be prevented with health promotion and disease prevention strategies. This paper will focus on the clinical issue regarding tobacco use among the female adolescent population. Since female adolescents are at the beginning stage of their reproductive years‚ introduction of smoking cessation early will help alleviate foreseeable health problems. The purpose of this paper is to examine how the application of the Transtheoretical
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SECTION A (You should attempt all 10 questions) A1. The sample mean is an unbiased estimator for the population mean. This means: (A) The sample mean always equals the population mean. (B) The average sample mean‚ over all possible samples‚ equals the population mean. (C) The sample mean is always very close to the population mean. (D) The sample mean will only vary a little from the population mean. A2. The central limit theorem tells us that the sampling distribution of the mean is approximately
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Exercise 1: In a management trainee program‚ 80% of the trainees are female‚ 10% male. A total of 70% of the females attended college‚ while 60% of the males attended college. A management trainee is selected at random. 1. What is the probability that the person selected is a female who did NOT attend college? = 0.80 * 0.30 = 0.24 (24%) 2. What is the probability that the person selected is a female who did attend college? = 0.80 * 0.70 = 0.56 (56%) 3. What is the probability that the person
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