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The negotiation process

            Propose 3–4 ways that the negotiation process could alleviate or mitigate conflict amongst the parties involved. Identify at least three possible approaches to the negotiation, and determine the advantages and disadvantages of each approach in resolving...

The use of various decision support tools

            For this discussion, Assess the use of various decision support tools and explain why outliers are sometimes called influential observations. Discuss what could happen to the slope of a regression of Y versus a single X when an outlier is included versus...

Lottery

In a popular local lottery, you must select 3 numbers (in any order) correctly out of a possible 25 numbers to win the top prize. If you purchase one ticket (with your three numbers on it), what is the probability of your winning the top prize? Keep your final answer...

Major Motors

Major Motors sells both new and used cars. Past sales records show the following customer purchasing behaviour: 60% of all sales tend to be of new cars, and 40% of used cars. When a new car is sold, there is a 50% chance that the customer will purchase an extended car...
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