Three large firms dominate the telecommunication industry of…

Three large firms dominate the telecommunication industry of CallsRUs: TeleFone Inc., Cell Comm Corp., and Talk Now Inc. Instead of cutting prices competitively, these firms have resorted to non-price competition through branding and product differentiation. Which of the following industry competitive structures are these companies most likely in?

Big Pharma is currently selling a migraine medication called…

Big Pharma is currently selling a migraine medication called Go Away, Migraine. Suppose that this product works for 80% of all people who use it.   Suppose you choose one random sample of 350 people from the population of people who buy the product. The sample proportion of people for whom the product worked is 0.75. Determine the z-score for this sample proportion.

The next few questions involve scores on the Graduate Record…

The next few questions involve scores on the Graduate Record Examination (GRE). The information will be repeated for each question.   Scores on the verbal portion of the GRE follow a normal distribution with a mean of 550 and standard deviation of 120.   Question: The middle 95% of the scores fall between a low score of [low] and a high score of [high].