On August 1, 1957, Procter & Gamble, the nation’s leading manufacturer of soaps, detergents, and other high turn-over household products, acquired Clorox Chemical Company, the nation’s leading producer of liquid bleach.

On August 1, 1957, Procter & Gamble, the nation’s leading manufacturer of soaps, detergents, and other high turn-over household products, acquired Clorox Chemical Company, the nation’s leading producer of liquid bleach. Purex Corporation, the second leading producer of liquid bleach, brought suit, challenging the acquisition as violative of the Clayton Act. At the time of the acquisition, Clorox held 48.8 percent of sales and Purex held 15.7 percent of sales. Purex says the enormous financial strength, advertising budget, and marketing skills of Procter & Gamble would make it nearly impossible for any bleach manufacturer to compete. What factors are important in determining whether the merger is a valid one?

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A new synthetic feed additive is found in an experiment to accelerate the growth of hogs sufficiently to reduce the “time to market” by 10%. Should it be added to the feed?

Give your assessment of the relative costs of Type I and Type II errors in the following situations where a decision is pending: a. A new synthetic feed additive is….

A company offers a cloud-sharing service aimed at consumers, including a free level of service to all, as well as higher paying levels.

A company offers a cloud-sharing service aimed at consumers, including a free level of service to all, as well as higher paying levels. Currently, they offer a relatively low level….

The “churn” rate in a subscription business is that rate at which subscribers leave in a given time period.

The “churn” rate in a subscription business is that rate at which subscribers leave in a given time period. In the US wireless industry, the churn rate is on the….