Questions from General Business Management


Q: The Boston South Fifth Street Softball League consists of three teams:

The Boston South Fifth Street Softball League consists of three teams: Mama’s Boys, team 1; the Killers, team 2; and the Machos, team 3. Each team plays the other teams just once dur...

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Q: WTVX, Channel 6, is located in Eugene, Oregon,

WTVX, Channel 6, is located in Eugene, Oregon, home of the University of Oregon. The station was owned and operated by George Wilcox, a former Duck (University of Oregon football player). Although the...

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Q: How is a utility curve used in selecting the best decision for

How is a utility curve used in selecting the best decision for a particular problem?

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Q: Zoe Garcia is the manager of a small office-support business

Zoe Garcia is the manager of a small office-support business that supplies copying, binding, and other services for local companies. Zoe must replace a worn-out copy machine that is used for black-and...

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Q: Bismarck Manufacturing intends to increase capacity through the addition of new equipment

Bismarck Manufacturing intends to increase capacity through the addition of new equipment. Two vendors have presented proposals. The fixed cost for proposal A is $65,000 and for proposal B, $34,000. T...

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Q: In a sample of 1,000 representing a survey from the

In a sample of 1,000 representing a survey from the entire population, 650 people were from Lake town, and the rest of the people were from River City. Out of the sample, 19 people had some form of ca...

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Q: Compute the probability of “loaded die given that a 3 was

Compute the probability of “loaded die given that a 3 was rolled,” as shown in the example in Section 2.3, this time using the general form of Bayes’ Theorem from Equation 2-5 Theorem from Equation 2...

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Q: The schedule for the Killers next year is as follows (refer

The schedule for the Killers next year is as follows (refer to Problem 2-24): Game 1: The Machos Game 2: Mama’s Boys Problem 2-24: The Boston South Fifth Street Softball League cons...

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Q: The North side rifle team has two markspersons, Dick and Sally

The North side rifle team has two markspersons, Dick and Sally. Dick hits a bull’s-eye 90% of the time, and Sally hits a bull’s-eye 95% of the time. (a) What is the probability that either Dick or Sa...

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Q: What are the expected value and variance of the following probability distribution

What are the expected value and variance of the following probability distribution? RANDOM VARIABLE X PROBABILITY 1 …………………………………………………….. 0.05 2 …………………………………………………….. 0.05 3 …………………………………………………….....

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