The probability that a teenage driver will speed is 0.8; for a twenty-something driver, the probability of speeding is 0.5; for a mature driver, 0.2. Suppose that 15% of drivers are teenagers, 20% are in their twenties, and the rest are mature. If a driver observed at random is found to be speeding, then what is the probability
Choose an American driver at random and let the random variable X be the number of speeding tickets the driver has received in the last two years. The discrete probability distribution of X is shown.
Tickets 0 1 2 3 4 5
Probability 0.16 0.32 0.25 0.12 0.09 0.06
(2) Verify the two main requirements that mak
A car travelling on a straight road accelerates from rest to a speed of 15 m/s in 6 seconds. It continues at constant speed for 11 seconds and then decelerates to rest in 2 seconds. The driver gets out of the car and walks at a speed of 2 m/s for 20 seconds back to a shop which he enters. Some time later he leaves the shop and j
Identify and describe at least one internal and one external driver for change within an organization. When considering the implementation of a new change, is it more beneficial for an organization to place more importance on internal drivers than external drivers? Do you agree with this or not?
Company A produces 3 products. Company A uses labor costs as a cost driver for support costs. Direct labor is estimated at $20 per hour. Products A & B require 20 hours of direct labor. Support cost is 2x the direct labor cost. Company A recently installed a computer integrated manufacturing system. Due to this change, Com
Subject: best cost driver for overhead
Details: You are trying to determine whether machine hours or direct labor dollars would be the best cost driver for overhead costs. You run two regressions and obtain the following results:
Multiple R .39429
R Square .15547
Adjusted R Square .14964
Kaizen approach to activity-based budgeting
Family Supermarkets (FS) has a Kaizen (continuous improvement) approach to budgeting monthly activity costs for each month of 2008. Each successive months, the budgeted cost-driver rate is 0.998 times January's budgeted cost-driver rate, and March's budgeted cost-driver rate is 0.9
Driver 1 Left 0,0 -1000 -1000
Right -1000, -1000 0,0
-Does either player have a dominant strategy?
-Is there a Nash equilibrium in this game? Explain
-Why is this game called a coope