Answered step by step
Verified Expert Solution
Question
1 Approved Answer
while conducting an audit, an online education company finds that approximately 60% of their business is coming from the top 15% most popular of their
while conducting an audit, an online education company finds that approximately 60% of their business is coming from the top 15% most popular of their courses. a) find the exponent for this pareto-type distribution? b) what fraction of their business comes from the top 2.25% of their courses? c) How many of their courses make up 90% of their business? If they offer a total of 45 courses, and each course accounts for 1.5% of their total budget, are they better off cutting the courses that make up the rest?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started