ts Companies A and B provide mobile telephone service in your area. 30% of people have...
Markov Chains (a) Three companies provide internet service in a city of 20,000 people. At the beginning of the year, the market shares of each company are as follows: 11,800 people use company A, 6200 people use company B, and only 2000 people use company C. Each month, 5% of company A’s customers switch to company B, and 3% of company A’s customers switch to company C. During the same time, 4% of company B’s customers switch to A, and...
Markov Chains Three companies provide internet service in a city of 20,000 people. At the beginning of the year, the market shares of each company are as follows: 11,800 people use company A, 6200 people use company B, and only 2000 people use company C. Each month, 5% of company A’s customers switch to company B, and 3% of company A’s customers switch to company C. During the same time, 4% of company B’s customers switch to A, and 6.5%...
Markov Chains Three companies provide internet service in a city of 20,000 people. At the beginning of the year, the market shares of each company are as follows: 11,800 people use company A, 6200 people use company B, and only 2000 people use company C. Each month, 5% of company A’s customers switch to company B, and 3% of company A’s customers switch to company C. During the same time, 4% of company B’s customers switch to A, and 6.5%...
Markov Chains Three companies provide internet service in a city of 20,000 people. At the beginning of the year, the market shares of each company are as follows: 11,800 people use company A, 6200 people use company B, and only 2000 people use company C. Each month, 5% of company A’s customers switch to company B, and 3% of company A’s customers switch to company C. During the same time, 4% of company B’s customers switch to A, and 6.5%...
If there are three big telecommunications companies: A, B and C. A has a 60% market share of all retail cell phone customers, while B and C have a 20% share each. C and B plan to merge. B explains that “by virtue of the increased coverage and capacity created by combining the spectrum assets of the two carriers, the post-merger B will be able to provide the same quality product to consumers at half the marginal cost of B...
Activity-Based Costing and Customer Profitability Metroid Electric manufactures power distribution equipment for commercial customers, such as hospitals and manufacturers Activity-based costing was used to determine customer profitability. Customer service activities were assigned to individual customers, using the following assumed customer service activities, activity base, and activity rate: Customer Service Activity Bid preparation Shipment Activity Base Activity Rate Number of bid requests $420 per request Number of shipments $90 per shipment Number of standard items ordered $30 per std. item Number...
Accounting Methods & Estimates and Their Effects on Net Income Homework Two different companies were organized to sell gee-gaws to the public. Both companies expect this to be a widely used device with increasing Sales each year. With increased enhancements, each year, they expect the sales price per unit to increase each year. Both companies expect to sell 10,000 units, at a selling price of $2,000 each, during their first year of business. Sales are anticipated to increase by 10%...
Accounting Methods & Estimates and Their Effects on Net Income Homework Two different companies were organized to sell gee-gaws to the public. Both companies expect this to be a widely used device with increasing Sales each year. With increased enhancements, each year, they expect the sales price per unit to increase each year. Both companies expect to sell 10,000 units, at a selling price of $2,000 each, during their first year of business. Sales are anticipated to increase by 10%...
You have just been hired as a loan officer at San Diego State Bank. Your supervisor has given you a file containing a request from Mobile Company, a manufacturer of auto components, for a $1,000,000 five-year loan. Financial statement data on the company for the last two years are given below: Mobile Company Comparative Balance Sheet This Year Last Year $ 308,100 $ Assets Current assets Cash Marketable securities Accounts receivable, net Inventory Prepaid expenses . 918,000 1,340,500 91,300 392,150...
1) Let x be a continuous random variable that is normally distributed with a mean of 21 and a standard deviation of 7. Find to 4 decimal places the probability that x assumes a value a. between 24 and 30. Probability = b. between 17 and 31. Probability = ------------------------------------------------------------------------------------------------------------------------------------------------------ 2) Let x be a continuous random variable that is normally distributed with a mean of 65 and a standard deviation of 15. Find the probability that x assumes a...