expecting visitors to the fair‚ and the feedbacks received from the visitors. Oral and written reports Each week the team will have a meeting when the Directors will come and share verbal reports. This verbal reports will be discussed thoroughly by random exchange of words with other team members. The event Secretary will then write them as future reference. Comparing actual performance against a standard There is a standard set to the event by the team members. Usually it is the last year and
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Agri-environment contract adoption under fixed and variable compliance costs. This report looks at the agri-environment contract adpted by farmers’ to be able to contribute and partake in the enrivonmental schemes through pressure groups and government. It provides disctinct description to the differences in fixed and variable costs. The purpose of explaining the differences were to illustrate how farmers partaking to the project would be different than how much land will be needed to chip in the
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will say they watch less T.V. this year than last. a. Not binomial. b. N/A c. n=5 p=0.70 q=0.30 r: (0‚ 3.5) 2. There are 20 m&m’s candies in a dish. 8 are brown‚ three red‚ five green and four yellow. Two candies are picked from the dish at random. What is the probability that both are red? a. Binomial b. P(Success) = 6/20 = 3/10 P(Failure) = 14/20 = 7/10 c. n=20 p=0.30 q=0.70 r: (0‚ 6) 3. A multiple choice test is given which has 10 questions. Each question has 4 choices. You did
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2/8 (Friday) Standard Deviation cont’d Example: Amount of money earned by new immigrants Sample: 12‚ 15‚ 16‚ 20‚ 25‚ 36‚ 40 Step 1: Find the mean * x̄=164/7 * mean is 23.4 Step 2: Find how much each observation deviates from the mean * 12 - 23.4 = -11.4 * 15 – 23.4 = -8.4 * 16 – 23.4 = -7.4 * 20 – 23.4 = -3.4 * 25 – 23.4 = 1.6 * 36 – 23.4 = 12.6 * 40 – 23.4 = 16.6 * Note: all observations below mean will be negative‚ all above will be positive Step
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remain constant. This change will: Answer | | increase variable costs | | | increase contribution margin | | | reduce fixed costs | | | reduce operating profit | 1 points Question 3 1. Answer the following questions using the information below:The West Company manufactures several different products. Unit costs associated with Product ORD203 are as follows: Direct materials $ 40 Direct manufacturing labour 8 Variable manufacturing overhead 12 Fixed manufacturing overhead 23 Sales
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and the newness of a project: The creation of the Oxford English Dictionary.” Cioffi‚ D. F.‚ and Khamooshi‚ H. (2008). “A practical method to determine project risk contingency budget.” J Clark‚ C. E. (1961). “The greatest of a finite set of random variables.” Oper. De Meyer‚ L. C. H.‚ and Pitch‚ M. T. (2002). “Managing project uncertainty: From variation to chaos.” MIT Sloan Management Review‚ Winter‚ 60–67. Eden‚ C.‚ Williams‚ T.‚ and Ackerman‚ F. (2005). “Analysing project cost overruns: Comparing
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more complex situations and the attributes can be chosen in any desired order (Kirkwood‚ 2002). Weaknesses of decision tree analysis However decision tree analysis brings sequential decisions and class-overlap problem that including categorical variable with different number of levels‚ and the information gain in decision tree analysis are biased in favour of those attribute with more levels. Also correlated data and complex production rules will occur in decision tree analysis‚ it can get very
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Q1 Let A = Set of boys of XII Class in some school. Let a R b‚ if and only if a and b use unfair means in the exam‚ a‚b A (i) Is R a transitive relation? (ii) Should a student use such means? If not why Q2 There are two families P and Q . There are 3 men‚ 3 women and 12 children in family P and 2men‚ 2 women and 4 children in family Q. The recommended daily allowance for calories is : Man : 2400‚ woman : 2000‚ child : 1400 and
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more clicks to be removed from an email list in 2009" a joint event? It neeeds to fit both criteria‚ 3 or more clicks and occur in the year 2009 4.9 Referring to the contingency table in Problem 4.8‚ if a large online retailer is selected at random‚ what is the probability that a. you needed three or more clicks to be removed from an email list? P = 46/200 = 23% b. you needed three or more clicks o be removed from an email list in 2009? P = 39/200 = 19.5% c. you needed three or more
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Question : Employees of a local university have been classified according to gender and job type. If an employee is selected at random what is the probability that the employee is male? Answer: .667 2. Question : Employees of a local university have been classified according to gender and job type. If an employee is selected at random what is the probability that the employee is female given that the employee is a salaried member of staff? Answer: .625
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