Study guide for exam #1
Items 1 thru 17
Notes Terminology of the Court System is important.
1. Who files a lawsuit?
The plaintiff files the lawsuit
2. Who is a lawsuit filed against?
The defendant has the lawsuit filed against them
3. What i
Business and Social
Etiquette for Americans
Conducting Business in
PREPARED BY: MEGAN LOHMILLER, DONOVAN OHNOUTKA, ERIC NEELY,
AND VICTOR WASHINGTON
Topics that will be discussed:
BUSINESS AND SOCIAL ETIQUTTE
FOR AMERICANS CONDUCTING
BUSINESS IN MEXICO
BUSINESS AND SOCIAL ETIQUTTE FOR AMERICANS
CONDUCTING BUSINESS IN MEXICO
Dr. Julie McDonald
Northwestern State University
year (in $ millions) of $9, $10, $11, $12, and $13. Because the actual expenses are unknown, the
following respective probabilities are assigned: .3, .2, .25, .05, and .2
a) Show the probability distribution for the expense forecast.
Hypothesis Testing EXTRA HELP
Applying statistics is really using the scientific method, you may remember from your days of doing
science fair projects. Develop a hypothesis and then test it! Well, this chapter offers the basics of
testing hypotheses. Rea
Interval Estimation EXTRA HELP
This chapter starts exploring inferential statistics, which you should recall means drawing conclusions
about a population from a sample.
If you watch the news you will often hear mention of some national poll, such as, 55%
Remember, random variables may be classified as:
The random variable assumes a countable number of distinct values.
The random variable is characterized by (infinitely) uncountable values
within any interval.
Sampling and Sampling Distributions EXTRA HELP
This chapter introduces statistics in practice. How and why do we use stats? To begin with you must
understand the difference between a population and a sample. Basically, the population is the group we
Probability EXTRA HELP
Good ole probability. Next to a baseball players batting average, most people recognize determining the
probability of an event occurring as being the most common use of statistics. Probability is a numerical
measure of the likeliho
Chapter 2 Qualitative Data plus Bar Chart
How to Calculate Frequency Column
Step 1: Create Name Column and Enter the names.
Step 2: To calculate your frequencies for each Name category, press = then COUNTIF hit tab,
then Highlight your data set (range) pr
Descriptive Statistics: Numerical Measures EXTRA HELP
Descriptive statistics are procedures used to summarize, organize and simplify data. In later chapters you
will study aspects of inferential statistics which consists of techniques that allow generaliz
Data & Statistics EXTRA HELP
Learn the terminology! Read the chapter for complete understanding. The Glossary serves as a good
summary of the key terms and definitions.
Note: Try to answer the question or work the problem first, then go check your answer.
Which of the following is an example of secondary stakeholder groups?
a. Members of an environmental group
Which of the following is a formal institution that affects corporate social responsibility?
a. Regulatory pressures
Which of the following is an ex
Problem 1 - Parts a, b, c, and d
Consider the following data for two independent random samples taken from two normal populations.
a) Compute the two sample means
Sample 1 =
Sample 2 =
Visa Card USA studied how frequently consumers of various age groups use plactic cards (debit and credit cards) when mak
300 customers shows the use of plastic cards by four age groups.
a. Test for the independence between miethod of payment an
Questions 1 to 5
MAKE SURE YOU SHOW CALCULATIONS AND/OR FORMULAS
1. A vendor at the Natchitoches Christmas Festival is preparing the items to be sold on the river bank from his booth. He can se
How many possible different order could he serve?
2. If a
Chapter 6 (1) Solutions
(a) What is the probability that a gymnast weighs at most 104 pounds? Mean = 100 and s =5
Hint: 'at most' means less than or equal to. Area left of z
1) Suppose that an independent laboratory has tested trash bags and has found that no 30-gallon bags
that are currently on the market have a mean breaking strength of 50 pounds or more. On the basis of
these results, the producer of the new, improved tras
McGraw Hill Connect Problems - Solutions
P1 for Tutorial Chapter 6
Let X be normally distributed with mean = 10 and standard deviation = 6
Which of the following is true of a localization strategy?
d. It is effective when pressures for cost reductions are low.
Correct. Localization strategy is an extension of the home replication strategy. This strategy is effective
when differences among na
_ are employees who work and reside in a foreign country.
Correct. Expatriates are nonnative employees working in a foreign country. Among expatriates there are
two typesparent-country nationals (PCNs) and third-country nationals (TCNs). Se
Which of the following best explains why it can be so difficult for a company to successfully get into a
new venture or industry?
a. There are differences in the resources and capabilities required in different industries Correct
b. All of these choices.
As used by Elliott, the term "dumb money" refers to:
a. investors that provide not only funds but also expertise.
b. funds from those who have no involvement in the firm. Correct
c. not an active investor, but simply a customer or supplier.
d. investors w
Sir Peter Middleton quoted an instructor who wanted everyone in the class to be above average. What is
the problem with everyone being above average?
a. All of these choices. Incorrect
b. An "arithmetic mean," involves adding up the scores of all the stud
What was the project that Lacy describes in this video?
a. A corporate research project studying the effects of the EU business model on academia.
b. A collaborative research project on corporate responsibility taken on by the European Economy of