• Q : Construct a pareto diagram....
    Basic Statistics :

    A major music club collected data on the reasons for returned shipments during a quarter. Results are: Wrong selection 50,000; refused 195,000; wrong aðdress 68,000; order cancelled 5,000; and o

  • Q : Perform a one-tailed test....
    Basic Statistics :

    In your answers, denote the proportion of all U.S. high school students who happen to use computers for educational purposes by p. Perform a one-tailed test.

  • Q : Studying absenteeism among employees....
    Basic Statistics :

    Victor Anderson, the owner of Anderson Belts, Inc., is studying absenteeism among his employees. His workforce is small, consisting of only five employees. For the last three years he recorded the f

  • Q : Write the null and alternate hypothesis....
    Basic Statistics :

    I want help writing the null and alternate hypothesis for this assignment; we are looking at moving a business to a home base operation. Below is what we have so far, from this information how would

  • Q : Develop a linear regression model....
    Basic Statistics :

    1) Develop a linear regression model for these data and forecast carpet sales if 30 construction permits for new homes are filed.

  • Q : Customer waiting time if system utilization increases....
    Basic Statistics :

    Question: What happens to the customer waiting time if system utilization increases? A. decreases exponentially B. decreases proportionally C. increases proportionally D. increases exponentially

  • Q : Five-step hypothesis-testing procedure....
    Basic Statistics :

    A sample of 120 observations revealed that p = 0.30. At the .05 significance level, can the null hypothesis be rejected? a. State the decision rule b. Compute the value of the test statistic. c. What

  • Q : Write down the decision variables....
    Basic Statistics :

    Answer the following questions: 1) Write down the decision variables. 2) Write down the optimization statement for the objective function.

  • Q : Population shaping a concern when estimating a mean....
    Basic Statistics :

    Why is the population shape a concern when estimating a mean? What effect does sample size, n, have on the estimate of the mean?

  • Q : Barriers to personal growth-development....
    Basic Statistics :

    Problem 1. What are the barriers to personal growth and development? Problem 2. Where would you look for the resources to support personal growth and development?

  • Q : Null hypothesis and the alternate hypothesis difference....
    Basic Statistics :

    Explain the difference between the null hypothesis and the alternate hypothesis. How is the null hypothesis chosen (why is it null)?

  • Q : How is two independent sample t-test different from anova....
    Basic Statistics :

    What is a Type I error? Explain how the cumulative Type I error affects your decision making. How is the two independent sample t-test different from ANOVA?

  • Q : What is the optimal daily order....
    Basic Statistics :

    If the daily demand is normally distributed (the mean and variance can be obtained from the table above), then what is the optimal daily order?

  • Q : Calculate mean and media-hypothetical values of sample data....
    Basic Statistics :

    Problem: By using 8 hypothetical values of sample data, calculate the mean and median. How does the mean differ from the median?

  • Q : Standard deviation for the sample data....
    Basic Statistics :

    What is the median number of days the ATM was used each day? ______ What is the standard deviation for the sample data (round to the nearest whole number)? _______

  • Q : Sample coefficient of correlation....
    Basic Statistics :

    The sample coefficient of correlation A. Has the same sign as the slope, i.e. b. B. Can range from -1.00 up to 1.00 C. Is also called Pearson's r. D. All of the above.

  • Q : Central limit theorem for mean....
    Basic Statistics :

    Part A: Define (a) parameter, (b) estimator, (c) sampling error, and (d) sampling distribution. Part B: State the main points of Central Limit Theorem for a mean and explain.

  • Q : T-test statistic for branches....
    Basic Statistics :

    The British Bankers’ Association decided to look at a variable to predict amounts of deposits. It chose the number of branches for each bank.  The data are:

  • Q : State null and alternate hypothesis....
    Basic Statistics :

    State Null and Alternate Hypothesis: 1) Is this one-tailed or two-tailed Test? 2) Compute the Test statistic.

  • Q : Determining the reorder point....
    Basic Statistics :

    The annual inventory carrying cost is $0.65 per unit. To provide a 98 percent service probability, what must the reorder point be?

  • Q : Probabilty and randomness....
    Basic Statistics :

    Question 1:  What is the chance of getting eight or fewer tails on 10 flips of a coin? Question 2: A salesperson has been losing 25% of potential sales. In a study of 20 random sales contacts f

  • Q : Determine the correlation statistics....
    Basic Statistics :

    The Main Point of the paper is to explain why using correlation analysis is useful in this situation. Provide the background information about the situation, how you would collect the data for the v

  • Q : Probabilistic input from a discrete probability distribution....
    Basic Statistics :

    Question 1: A value for probabilistic input from a discrete probability distribution:

  • Q : Appropriate integer programming model....
    Basic Statistics :

    In preparing for a two-week camping vacation, a family must decide how many of each of six items should be loaded into their sport-utility vehicle. The weight and perceived benefit (Where a larger b

  • Q : Solving the linear programming problems....
    Basic Statistics :

    The linear program Max 3X1 + 2X2 is solved subject to the constraints i) X1 + X2 =<10 ii) 3X1 + X2 =< 24 iii) X1 + 2X2 =< 16 and iv) non-negativity for both X1 and X2. Which of the followin

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