Find the pmf of the random variables
Let X be a discrete random variable that is uniform over the set of integers in the range [a,b], where a and b are given integers such that a < 0 < b. Find the PMF of the random variables max{0,X} and min{0,X}.
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Seaworth Company's gross sales in 2014 were 3930000. Assuming sales returns and allowances were 74000 sales discounts were 35000 and freight-out was 28000 what were Seaworthy's net sales in 2014?
A company has a standard cost system in which fixed and variable manufacturing overhead costs are applied to products on the basis of direct labor-hours.
A bag of 31 tulip bulbs contains 12 red tulip bulbs, 12 yellow tulip bulbs, and 7 purple tulip bulbs. What is the probability that two randomly selected tulip bulbs are both red.
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A soft drink manufacturer is using a "winning" cap as a sales promotion. The purchaser can get a prize if they buy a bottle that has a "Winner" symbol under the cap. Winning symbol caps are placed randomly on 5% of the bottles.
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The thickness of a laminated covering for a wood surface is normally distributed with a mean of 5 millimeters and a standard deviation of 0.2 millimeter.
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