A record club offers a choice of 7 records from a list of 45. In how many ways can a member make a selection?

The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends more than a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?

Asample of 200 rom computer chips was selected on each of 30 consecutive days, and the number of nonconforming chips on each day was as follows: the data has been given so that it can be copied into r as a vector. non. conforming = c(10, 15, 21, 19, 34, 16, 5, 24, 8, 21, 32, 14, 14, 19, 18, 20, 12, 23, 10, 19, 20, 18, 13, 26, 33, 14, 12, 21, 12, 27) #construct a p chart by using the following code. you will need to enter your values for pbar, lcl and ucl. pbar = lcl = ucl = plot(non. conforming/200, ylim = c(0,.5)) abline(h = pbar, lty = 2) abline(h = lcl, lty = 3) abline(h = ucl, lty = 3)

Benefit(s) from large economies of scale, in which the costs of goods decrease as output increases. natural monopolles perfect competition