=+38. Automobile Production, part 2. The automobile company has now done a bit more research and believes
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=+38. Automobile Production, part 2. The automobile company has now done a bit more research and believes that the demand for high-end cars has changed, so that now the low demand is 60% likely and the high demand is only 10% likely. How does this change your responses to Exercise 37? Find the new RRR. Does your recommendation to the company change?
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Related Book For
Business Statistics Plus Pearson Mylab Statistics With Pearson Etext
ISBN: 978-1292243726
3rd Edition
Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman
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