distribution To calculate the covariance and understand its use in finance To compute probabilities from binomial‚ hypergeometric‚ and Poisson distributions How to use the binomial‚ hypergeometric‚ and Poisson distributions to solve business problems Copyright ©2012 Pearson Education‚ Inc. publishing as Prentice Hall Chap 5-2 Definitions Random Variables A random variable represents a possible numerical value from an uncertain event. Discrete random variables produce outcomes that
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INCOTERMS USE FOR SHIPPING TERMS Incoterms rules are international trade terms promulgated by the International Chamber of Commerce (ICC). Though used primarily in international trade‚ they are seeing increasing use in domestic trade. When used‚ they should specify the specific shipping term‚ the location‚ Incoterms‚ and the edition. An example is “DAT Pier 82 Port of Philadelphia Incoterms® 2010.” Incoterms rules specify the point at which risk of loss occurs‚ but not‚ strictly speaking‚
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Microeconomics Week 4 Homework Chapter 6: #4 An explicit cost is the monetary payment a firm must make to an outsider to obtain a resource. An implicit cost is the monetary income a firm sacrifices when it uses a resource it owns rather than supplying the resource in the market. Say you owned a deli shop. Examples of explicit costs would be the salaries of your employees‚ the cost of the building (electricity‚ plumbing‚ etc.) and all the different ingredients and foodstuffs you need to
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Assignment 2: Case Study: Calgary Oil Shale Technologies‚ Inc. (COST) 1.0 Introduction: the back ground of the COST‚ Inc. The Calgary Oil Shale Technologies‚ Inc. (COST)‚ which is a subsidiary company of an international oilfield services company. The subsidiary company aims to supplying the technology and managing the data which is to optimize the recovery of the oil from oil shale formation in Alberta‚ Colorado‚ and Utah. COST Company could distinguish oil-bearing rock layers which could
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Adolph Coors Company was founded in 1873 in Golden Colorado by Adolph Coors‚ a German American brewer. Coors joined with another German immigrant‚ Jacob Schueler‚ but later bought out his partner in 1880 and became the sole owner of the brewery. Even through prohibition‚ the company managed to stay intact by expanding into other ventures such as Herold Porcelain‚ malted milk and a near beer production facility. By the end of prohibition‚ the company was one of few breweries that survived. For most
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4–4 Property Tax Calculations and Journal Entries. The Village of Darby’s budget calls for property tax revenues for the fiscal year ending December 31‚ 2011‚ of $2‚660‚000. Village records indicate that‚ on average‚ 2 percent of taxes levied are not collected. The county tax assessor has assessed the value of taxable property located in the village at $135‚714‚300. Required a. Provide the required adjusting entries at the end of 2011‚ assuming that the December 31‚ 2011‚ balance of Inventory of
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analyses a case organisation using one‚ or a maximum of two of the topics covered in the module‚ chosen by the student. Choose an organization with which you are familiar to answer the following question:
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Assignment 4: Communication Strategies of a Project Tonesha Gadson Strayer University Project Management (BUS 517) Dr. Lucinda Blue November 29th‚ 2012 Explain the nature of the situation and its potential impact to the project’s success In a project‚ project managers do more than just putting out fires and keeping the project on track. They also innovate and adapt to ever-changing circumstances (Larson & Gray‚ 2012). With
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Assignment #2: Advertisements to Compare Dr. Gary White Sarah Bean Integrated Marketing Communications MKT 506 February 2nd‚ 2013 Abstract Understanding consumers’ behaviors and their purchasing patterns is a huge advantage to understanding the way they think and the reason for their purchases. The economy and the market trend is a great way to know the behaviors of these consumers. Consumers are influenced not only by economy but
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Week 4 Assignment 2 Case Analysis /Scenario Olivia Malardo South University Online Human Resource Management MGT3045 Instructor: Erin Oetken August 21‚ 2013 Week 4 Assignment 2 Case Analysis /Scenario The Fair Labor Standards Act (FLSA) establishes minimum wage‚ overtime pay‚ and recordkeeping and child labor standards for both full time and part time workers in the United States. The FLSA establishes minimum wage and state and local government rules of employment. Exempt employees are employees
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