A waiter believes the distribution of his tips has a model that is slightly skewed to the left, with a mean of $8.90 and a sta
ndard deviation of $4.50. He usually waits on about 50 parties over a weekend of work. a) Estimate the probability that he will earn at least $550. b) How much does he earn on the best 10% of such weekends?
The role of "informational" control is to challenge the organization's beliefs and goals and to continuously monitor, test, and review strategies. Informational control is when a business gathers information and analyzes that information from different perspectives to come up with better strategy's in order to better the business itself.
Business markets refer to organizations, businesses, or entities that acquire products and services for use in the production of other services and products. On the other hand, consumer markets refer to markets where producers sell their products or services directly to the final consumers.
