BAYES THEOREMPRACTICE PROBLEMS
1) A publisher has two printing presses, one in Edmonton and one in Calgary. When the publisher
prints books, it prints the same book in both locations and inter-mingles the finished product at
a warehouse in Red Deer where

Chapter 8 - COST ALLOCATION
(Service Department Overheads)
-operating departments are those where the central purposes of the organization
are carried out (production, marketing, construction, teaching, selling etc.).
-support departments do not engage di

Chapter 8 - COST ALLOCATION
(Service Department Overheads)
-operating departments are those where the central purposes of the
organization are carried out (production, marketing, construction, teaching, selling
etc.).
-support departments do not engage di

Cost Exercise 3 Alternative methods of joint cost allocation
The Darla Company operates a simple chemical process to convert a single material into three separate items, referred to as product X, Y and Z. All
three end products are separated simultaneousl

Yann Martel: Life of Pi
life of pi
A NOVEL
author's note
This book was born as I was hungry. Let me explain. In the spring of 1996, my second book, a novel, came
out in Canada. It didn't fare well. Reviewers were puzzled, or damned it with faint praise. T

Chapter 5
1. An analyst has developed the follow probability distribution of the rate of return for a common stock.
a. Calculate the expected rate of return.
b. Calculate the variance and the standard deviation of this probability distribution.
2. At a lo

Chapter 5 - LO 5.1 5.2 5.3 5.4 5.5
LO 5.1
Distinguish between discrete and continuous
random variables.
Random variable
A function that assigns numerical values to the
outcomes of an experiment.
Denoted by uppercase letters (e.g., X ).
Values of the ran