Basic Business Statistics 12th Edition Chapter 5 Discrete Probability Distributions Copyright ©2012 Pearson Education‚ Inc. publishing as Prentice Hall Chap 5-1 Learning Objectives In this chapter‚ you learn: The properties of a probability distribution To compute the expected value and variance of a probability distribution To calculate the covariance and understand its use in finance To compute probabilities from binomial‚ hypergeometric‚ and Poisson distributions How to use
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Chapter 28 The Liberal Era (1960-1968) I. The Kennedy Presidency A. Personality‚ image‚ and characteristics -Kennedy personified the self-confident liberal who believed that an activist state could improve life at home and confront the Communist college abroad -Vigorous and prosperous -Wealthy father -Charming war hero‚ used his father’s connections to win election to the House of Representatives in 1946 from a Boston district in which he had
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Reading Journal #4 In chapters 3-5 in Outliers‚ Malcolm makes a very great point. People in this world tend to think that those with IQ’s higher than 140 are the ones that are going to have great futures with jobs that will make them great income. Now anyone in this world would agree that those with high IQ’s are intelligent‚ but just because they may be smarter than most people‚ does not necussarily mean that they are going to succeed in life. Having a high IQ does not define who you are‚ the
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Chapter 4‚ we learned the various aspects of an audience‚ when preparing a written or electrical document. How did I consider my audience needs and interests as I developed the presentation about Great Calls marketing strategy? I put myself in their shoes and considered the expectations that a manager of a large cellular company would expect. I recognized their time is valuable and I would need to be quick and direct. I also thought that I would have to put together a presentation that was professional
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Chapter 4 15. For discrete compounding‚ to find the EAR‚ we use the equation: EAR = [1 + (APR / m)]m – 1 = .0719‚ or 7.19% EAR = [1 + (.07 / 4)]4 – 1 EAR = [1 + (.16 / 12)]12 – 1 = .1723‚ or 17.23% = .1163‚ or 11.63% EAR = [1 + (.11 / 365)]365 – 1 To find the EAR with continuous compounding‚ we use the equation: EAR = er – 1 EAR = e.12 – 1 = .1275‚ or 12.75% 23. Although the stock and bond accounts have different interest rates‚ we can draw one time line‚ but we need to remember to
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ECON CHAPTER 4 PRACTICE QUESTIONS Names____________________ 1. Melissa buys an iPod for $ 120 and gets consumer surplus of $ 80. a. What is her willingness to pay? b. If she had bought the iPod on sale for $ 90‚ what would her consumer surplus have been? c. If the price of an iPod were $ 250‚ what would her consumer surplus have been? 2. An early freeze in California sours the lemon. Explain what happens to consumer surplus in the market
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Chapter 5; Roads to Revolution Outline Introduction 1. Boston massacre a. March 5‚ 1770 b. Crowd of poor/working class Bostonians protesting British soldiers abusive treatment of an apprentice c. British troops killed 5‚ wounded 6 d. One of many events that led to bad relationship with England/American colonists 2. 1763 England tightened control over its colonies‚ igniting rebellion e. Colonists were shocked‚ believed English were trying to take away the
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Chapter 4 key terms Cyrus the great: Established massive persian empire by 550 B.C.E;successor state to mesopotamian empires. How its relevant: He was the conqueror of the persian empire by 550 B.C.E picture: Darius: The son of cyrus helped lead him to success became ruler later on. How it is relevant: He helped cyrus be a successful ruler. Picture: Zoroastrianism: Animist religion that saw material existence at battle between forces of good and evil;righteous lived
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Chapter 4 Case Study Questions REI Climbs the Web Mountain 1. Create a simple logical design and physical design for REI.com A simple logical design for REI.com would include the following concepts: HTTP requests and other data from a customer’s client computer that travels to Web servers‚ application servers‚ and data servers which displays specific Web pages in response to those requests. When the customer’s order is submitted‚ it is then forward to an order-processing application database
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What is significant about the narrative in chapter one? In the opening chapter of Enduring Love‚ the narrative is very important as it helps the reader see the narrator’s opinion of what happened that day leading up to the accident of John Logan’s death. In this chapter‚ there is mainly a use of interior monologue to describe the events as the narrator is using first person to describe what was happening and is verbalising their thoughts as they occurred. This type of narrative is a good
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