Approximation to the binomial
If x is the binomial random variable where n = 100 and p = 0.1, determine the probability that x is greater than or equal to 8 using normal approximation to the binomial.
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Describe the various ways to apply the theory of incentive compensation. Discuss how different is an incentive compensation applied in the various industries? As earlier you use real life examples and examples you create in your own fantasies.
In study conducted for the State Department of Education, 35% of teachers who left teaching did so because they were laid off. Suppose that we randomly choose 18 teachers who have recently left their profession. Determine the probability that at l
FreakyTatts Ink Company mixes three additives, A1, A2, and A3, in different proportions, and a base to obtain different colors of ink. Red ink is obtained by mixing A1, A2, and A3 in the ratio of 1:2:3, blue ink in the ratio of 2:3:4, and green in
Which of the following would be a major source of public funding in research?
The population of lengths of aluminum-coated steel sheets is normally distributed with a mean of 30.0 inches and a standard deviation of 0.72 inches.
A small town has the population of 20,000 people. Among these 1,000 regularly visit the popular local bar. A sample of 100 people who visit the bar is surveyed for their annual expenditures in the bar.
Thus far, the owners are likely to be interested in maximization their own profits, while the managers and other workers do not share this goal necessarily. Explain the sources of conflicts between the owners and the managers of the firms?
The production manager for XYZ manufacturing company is concerned that customer orders are being shipped late. He asked one of his planners to check timeliness of shipments for 1000 orders.
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