1)
To win the Michigan Lotto a person must
correctly pick 6 distinct numbers from the
numbers 1 through 46. A lotto ticket cost $1.
If you buy 1000 tickets (and choose
different sets of six numbers for each tickets,
of course), What is the probability tha
2007 Fall Contemporary American Business Final
Professor Isler
December 19, 2007
Directions: For True/False questions Indicate whether the sentence or statement is true(a) or false (b). In the multiple
choice section identify the letter of the choice that
equally likely
The classical probability concept applies
only when all possible outcomes are
_.
1)
permutation
combination
In general, if r objects are selected from a set
of n objects, any particular arrangement
(order) of these objects is called _.
The
1)A service station receives an average of 6
customers per hour. The probability that
there will be 3 arrivals in a given hour can
be found by using the
Answer
binomial distribution
multinomial distribution
hypergeometric distribution
Poisson distribution
CH 45
Moving to the next question prevents changes to this answer.
Question 1
Two probabilities can be added when we are asked:
Answer
an "or" question and the events are independent
an "or" question and the events are mutually exclusive
an "and" questio
Complete the table by computing f(x) at the given values of x.
x
f(x)
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1.01
1.1
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DNE.)
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BA110
Chapter 13 Study Guide
1. All of the following are part of the marketing concept except:
A) a consumer orientation.
B) avoidance of risk.
C) profit orientation.
D) emphasis on customer service.
2. Which of the following statements is most consisten
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Homework Assignment for ME1000 Industrial
Management ReExam
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Sample Test Questions Chapters 14 Q11. A key characteristic of entrepreneurs is that they: A) are willing to accept the risks involved in starting and managing a business. B) have a high level of scientific and technical expertise. C) possess a great de
Math 114937 Rimmer
Final Exam
Summer 2 2012
This exam has 15 questions, each question is worth 10 points for a total of 150 points. Partial credit will
be given for the entire exam so be sure to show all work. Circle the correct answer and give supportin
CIB Ch 7 Spring 2012 Key
1. (p. 179) _ is the art of utilizing organizational resources to accomplish goals at work.
A. Socialization
B. Justification
C. Preparation
D. Management
2. (p. 178) Management is more progressive today. There is more emphasis on
Name:
Ch 4 #2 Key
Chapter 4 Test Spring 2012
1. (p. 92) _ refers to standards of moral behavior.
A. Legality
B. Responsibility
C. Integrity
D. Ethics
2. (p. 90) Laws represent the standards of _ behavior.
A. ethical
B. legal
C. moral
D. socially responsib
Name:
Chapter 13 Test
C (346) 1. _ is the activity, set of institutions, and processes for creating, communicating,
delivering, and exchanging offerings that have value for customers, clients, partners, and society at
large.
A. Selling
C. Marketing
B. Adv
Addendum #4
Permutation Problems
1) A quiz has 8 matching questions with 10 possible answers labeled A J. How many
permutations of the answers are possible if an answer cannot be repeated?
2) How many 3letter permutations can be made from the letters in
PART I: Short essays
1]
Abelson lists five criteria by which to judge a statistical argument. He calls them
the MAGIC criteria
1. Magnitude
How big is the effect?
2. Articulation How precisely stated is it?
3. Generality How widely does it apply?
4. Inter
The Mortgage Refinance Problem
Assume the role of a junior associate to a financial advisor in a wealth management firm. Your
supervisor has asked you to create a model that determines whether it is worthwhile for a client
to refinance their existing home
What can we see from a histogram (extreme, peas, symmetry, etc)?
 In statistics, a histogram is a graphical representation showing a visual
impression of the distribution of data. It is an estimate of the probability
distribution of a continuous variable
# Word Jumble
#
# The computer picks a random word and then "jumbles" it
# The player has to guess the original word
#
# NAME REMOVED  1/28/03
import random
# create a sequence of words to choose from
WORDS = ("python", "jumble", "easy", "difficult", "an
# Word Jumble
#
# The computer picks a random word and then "jumbles" it
# The player has to guess the original word
import random
# create a sequence of words to choose from
WORDS = ("python", "jumble", "easy", "difficult", "answer", "xylophone")
# pick
Ch. 2 Exercises, Ch. 3 Questions Solutions
E234.
Use the accounting equation to determine Retained Earnings as of May 31, 2015.
a. and b.
BEAVER, INC.
Balance Sheets
May 31, 2015
June 1, 2015
$ 12,200
18,300
16,400
55,000
$101,900
$ 3,200
18,300
16,400
7
Ch. 4 Exercises, Ch. 6 Questions Solutions
E434.
MASON CORPORATION
Statement of Cash Flows
For Year Ended December 31, 2016
Cash flows from operating activities
Cash received from customers
Cash received as interest
Cash paid to employees and suppliers
C
GBA461  Core Economics for MS Students
Homework Assignment 1
due: Monday 9/19/2016
Question 1: Take the derivative
(a) y = 12 5x
(b) y = 14 x3
(c) x = 10
dy
dx
of the following equations
12x + 3
2y (hint: note you want to solve the change in y in respons
GBA461  Core Economics for MS Students
Homework Assignment 3
due: Wednesday 10/19/2016
Question 1: True or false and briey explain why:
(a) Suppose a market is perfectly competitive with no distortions. Then, while a tax will
introduce a distortion and t
GBA461  Core Economics for MS Students
Homework Assignment 2
due: Wednesday 10/05/2016
Question 1: Suppose your total cost of production is given by T C(Q) = 400 + 2Q + 12 Q2 : You
can sell all your output at a price P = 30 per unit.
(i) what are your xe