Approximate the following binomial probabilities by the use of normal approximation.

a.P(x = 18, n = 50, p = 0.3)b.P(x 15, n = 50, p = 0.3)c.P(x 12, n = 50, p = 0.3)d.P(12 x 18, n = 50, p = 0.3)

What will be an ideal response?



a.0.0805
b.0.5596
c.0.2206
d.0.7198

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The DuPont method return on assets uses two component ratios. What are they?

a. Inventory turnover ? gross profit margin b. Times interest earned ? debt ratio c. Return on equity ? dividend payout d. Net profit margin ? total asset turnover e. Return on investment ? total investment turnover

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The unspoken language cannot tell the international manager something that the spoken language does not.

Answer the following statement true (T) or false (F)

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For the purpose of estimating market potential, develop an example, real or hypothetical, using the estimation by analogy technique.

What will be an ideal response?

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What is required by the substantial evidence test?

a. The conclusions reached must be supported by such relevant evidence as a reasonable mind might accept as adequate to support a conclusion. b. It requires the court to try the facts de novo. c. It requires only that the agency had a rational basis for reaching its decision. d. It requires proof beyond a reasonable doubt.

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