Marketing covers several elements and concepts. At the center of all marketing efforts is:

Suppose we are interested in bidding on a piece of land and we know one other bidder is interested. the seller announced that the highest bid in excess of $9,500 will be accepted. assume that the competitor's bid x is a random variable that is uniformly distributed between $9,500 and $15,500. suppose you bid $12,000. what is the probability that your bid will be accepted?

Although most economic contractions or recessions last sixteen months, the most recent recessionary period referred to as the great recession lasted

The mayor of a small city has suggested that the state locate a new prison there, arguing that the construction project and resulting jobs will be good for the local economy. a total of 183 residents show up for a public hearing on the proposal, and a show of hands finds 31 in favor of the prison project. what can the city council conclude about public support for the mayor's initiative?