Answer:
a) 33.33%)
b) 135 minutes
c) 8.66 min
d) 50%
Step-by-step explanation:
a) the probability for a uniform distribution is
P(b<X<a) = (a-b)/(c-d) , where c and d are the maximum and minimum values
therefore the probability that the flight is more than 140 minutes ( and less than 150 since it is the maximum value)
P(140<X<150) = (a-b)/(c-d) = (150-140)/(150-120) = 10/30 = 1/3 (33.33%)
b) the mean (expected value) for a uniform probability distribution is
E(X) = (c+d)/2 = (120+150)/2 = 135 minutes
c) the standard deviation for a uniform probability distribution is
σ²(X)= (c-d)²/12 = (150-120)²/12 = 75 min²
σ = √75 min² = 8.66 min
b) following the same procedure as in a)
P(120<X<135) = (a-b)/(c-d) = (135-120)/(150-120) = 15/30 = 1/2 (50%)
Business leaders in the late nineteenth century utilized vertical integration by maintaining control of production and distribution of their products.
Answer: Option C
<u>Explanation:
</u>
Vertical integration is a competitive strategy that gives the company full control over one or more stages of product production or distribution. Rockefeller tirelessly tried to take full control of business 'oil refinery'. While other business people were flooding the area in search of quick fortune, Rockefeller was thinking of destroying his rivals and creating a real monopoly in the refining industry.
Looking for even more control, Rockefeller saw the benefits of organizing the transportation to his products. Then, he began to develop his business through vertical integration, in which the company analyses all aspects of the product life cycle, from raw material extraction, through the production process, to the final delivery of the product.
Other industrialists quickly followed, including Gustavus Swift, who at the end of the 19th century used vertical integration to dominate the American meat packaging industry.
Answer:
B
Step-by-step explanation:
Answer:
y = 5
Step-by-step explanation:
A line parallel to the x- axis has equation
y = c
Where c is the value of the y- coordinates the line passes through
The line passes through (1, 5) with y- coordinate of 5, thus
y = 5 ← equation of line