Find expected number of men next to at least one woman
A group of n men and M women is randomly lined up. Find the expected number of men who are next to at least one woman. Hint: define a Bernoulli random variable for each man.
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Clay Company has excess factory capacity. Clay is submitting a bid on a job with the following estimated costs: fixed Costs $21,000, and variable cost $33,000.
Obtain a scatter plot matrix of all variables included in the dataset.
Find the (approximate) probability that 6 appears between 150 and 200 times. If 6 appears exactly 200 times what is the probabilty that 5 will appear less than 150 times?
Osawa, Inc. planned and actually produced 200,000 units of product in 2012, its first year of operations. Variable manufacturing cost were $30 per unit. Planned and actual fixed manufacturing costs were $600,000.
Find the expected number of men who are next to at least one woman. Hint: define a Bernoulli random variable for each man.
Ace Company began 2012 with $42,000 of cash. During 2012, Ace expected to collect $200,000 from customers during the first quarter, $500,000 in the second quarter.
Ace Company uses absorption costing and plans to produce and sell 12,000 units in 2012 and incur costs per unit of $32 for direct materials, $20 for direct labor.
Rolando's employer pays year-end bonuses each year on December 31. Rolando, a cash basis taxpayer, would prefer to not pay tax on his bonus this year. So, he leaves town on December 31, 2013 and doesn't pick up his check until January 2nd, 2014.
Ace Company uses absorption costing and plans to produce and sell 12,000 units in 2012 and incur costs per unit of $32 for direct materials, $20 for direct labor, $15 for variable manufacturing overhead.
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