Excellent measure of performance for the profit center
Which of the following would be the most excellent measure of performance for the profit center?
a. Residual income
b. Return on investment (ROI)
c. Segment margin
d. Economic value added (EVA)
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A card is chosen from the ordinary deck of 52 cards. Find the probabilities for each of the following:
On the particular test, IQ scores for adults follow a bell-shaped (symmetric) distribution with mean=100 and a variance of 100. In a random sample of 1250 adults, approximately how many would have IQs between 90 and 120?
For a given wind turbine, the probabilities of the failure to component A, B, and C follow the rule 3:2:5. The respective probabilities of detecting individual failure in the component are .8, .9 and .9. A failure happens. Determine the probabilit
A normal population has the known mean 50 and unknown variance. A random sample of n =16 is selected from this population, and sample results are = 52 and s=8. How strange are these results? Discuss.
We have seen that if Y has the binomial distribution with parameters n and p, then Y/n is an unbiased estimator of p. Te estimate the variance of Y, we generally use n(Y/n)(1-Y/n).
Seventy percent of married couples paid for their honeymoon themselves. You randomly choose 20 married couples and ask them if they paid for their honeymoon themselves. Find out the probability that the number of couples who say they paid for thei
Seventy percent of married couples paid for their honeymoon themselves. You randomly choose 20 married couples and ask them if they paid for their honeymoon themselves. Find the probability that the number of couples who say they paid for their ho
The mean temp in LA is 66.3 degrees F with the standard deviation of 8 degrees F. The temp readings are normally distributed. What is the probability the temp in LA is between 50.2 and 82.2 F any given day?
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