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Management Studies

1) The Recording Industry Association of America provides data on the best-selling albums of all times. As of January, 2008, the top six best-selling albums of all times (U.S. sales only), are by the artists the Eagles (E), Michael Jackson (M), Pink Floyd (P), Led Zepplin (L), AC/DC (A), and billy Joel (B).

a. list the 15 possible samples without replacement of two artists that can be selected from the six. For brevity, use the initial provided.

b. describe a procedure for taking a simple random sample of two artists from the six.

c. if a simple random sampling procedure is used to obtain two artists, what are the chances of selecting P and A? M and E?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91535615

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