revenue perspective‚ one must think about the costs of producing the extra output in order to determine whether the price decrease is profit maximizing. On the other hand‚ if an increase in price is justified from a revenue perspective‚ it must be the case that it is also justified from a profit perspective simply because total cost decreases as less output is produced and sold. Total revenue is maximized when selling an extra unit would cause your revenue to fall and selling a unit less would have
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Hypothesis: Ho: P = .10 (Mr. Plex and consortium will seriously consider settlement) H1: P < .10 (Mr. Plex and consortium will rigorously defend any lawsuit by Tommy) Analysis： For this case‚ we use 0.01 as the significance level. In a hypothesis test‚ a Type I Error occurs when the null hypothesis is rejected when it is in fact true. That means if the consortium decides to consider a settlement when greater than 10% of the patrons resented ads/commercials is true and we reject the null hypothesis
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any one listed group of companies operating in India. Research its website to study its business‚ organization structures and corporate governance arrangements as well as financial information. Try and meet or talk to senior executives in the company as well. Ensure that your presentation covers the following: 1. Where are the companies in the group incorporated? Where are their shares listed? 2. Are these cases of networks‚ pyramids or chained structures? 3. What is your opinion on the
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6.14 Show that for a sample of n = 39‚ the smallest and largest Z values are – 1.96 and + 1.96‚ and the middle (i.e.‚ 20th) Z value is 0.00. 6.19 The data in the file spending represent the per-capita spending‚ in thousands of dollars‚ for each state in 2004. Decide whether the data appear to be approximately normally distributed by A. Comparing data characteristics to theoretical properties. B. Constructing a normal probability plot. 7.1. For a population containing N=902 individuals what code number
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Result: Actually‚ it can be obviously seen that the female has more frequency to be survived than male. Also‚ the 1st class of passengers are less frequency to be died but 3rd class of passengers are more frequency to be died. Quoting some two-test statistic‚ the degree freedom is 456. The t is 1.047 and the p-value is 0.2957 which >0.05 and does not reject Ho. Conclusion: In conclusion‚ the determinant of Sex can affect the survival of passengers as it can be considered in the first graph. The
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Statistics Essay Mean is the arithmetic average of a distribution‚ obtained by adding the scores and then dividing it by the number of scores there are. Median is the middle score in a distribution; half the scores are above it and half the scores are below it. Mode is the most frequently occurring score in a distribution. A skewed distribution is when the distribution is leaning toward one side. It is the measure asymmetric probability and its real value of data. A skewed would be like a group
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Module 7 Case Study 2: Transforming customer service for BRANZ Ltd. Abstract Porter’s value chain describes a comprehensive format of creating value within any business venture. It explains how to alter business inputs into outputs that are of greater value than the initial cost of creating the same outputs. According to Michael Porter‚ analysing the chain of activities in any organization will be of more value to the output and services compared to the summation of the cost of these activities
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Chapters 1-3:In order to control costs‚ a company wishes to study the amount of money its sales force spends entertaining clients. The following is a random sample of six entertainment expenses (dinner costs for four people) from expense reports submitted by members of the sales force. $157‚ $132‚ $109‚ $145‚ $125‚ $139. Calculate the mean and sample variance(s^2) and standard deviation. Mean = 807/6 = 134.5. Sample Variance = (109925 – (807^2/6)/6-1 = (109925 – 108541)/5 = 1384/5 = 276.8.
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CASE STUDY NO.1 Mary Roberts had been with the company three years when she was promoted to manager of the tax department which was part of the controller’s division.Within four months she became a supervisor of ten staff accountants to fill a vacancy.Her superior believed her to be most qualified individual to fill the position. Many senior employees resent her that she so young to fill the position and what made them more upsets was the fact tax managers did not discuss the promotion. QUESTION:
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Maliha Ahmed- 3123 Date: 27.07.10 Ms. Tehzeeb Amir Organizational behavior Case study # 1: “What do they want?” Ans1 . According to Masclow’s theory of hierarchical needs there are five physiological needs. 1.Basic needs 2. Safety needs. 3. Social needs 4.Self esteem 5.Self actualization. In this scenario‚ employees were getting good wages but still not motivated because there wasn’t any recognition of employee’s status and prestige. Employees were in need of love and affection
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