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Test TwoA- answers copy - MANA 028 Test Two Fall 2007 Name...

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MANA 028 Name_____________________________________________ Test Two - Fall, 2007 Each response is worth 2 points unless otherwise indicated. Round probabilities to 4 decimals. 1. Of the last 500 customers entering a supermarket, 50 have purchased a wireless phone. If the classical approach for assigning probabilities is used, the probability that the next customer will purchase a wireless phone is
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