help build a database to better understand aspects of the ILC’s customers, such as the size or number of customers in given period of time, and certain patterns that emerge to help demonstrate a better understanding an example would be statistical distribution. With respect to the size of the population at I Love Coffee, it has an unlimited population. Patterns of customer arrivals at (ILC) show a rise in arrivals between 07:00AM – 11:00AM and 6:00PM – 12:00AM with intervals varying from 3:00 to 5:00
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Analytical VaR is also called Parametric VaR because one of its fundamental assumptions is that the return distribution belongs to a family of parametric distributions such as the normal or the lognormal distributions. Analytical VaR can simply be expressed as: | | where: * VaRα is the estimated VaR at the confidence level 100 × (1 - α)%. * xα is the left-tail α percentile of a normal distribution . xα is described in the expression where R is the expected return. In order for VaR to be meaningful
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wk 3 checkpoint Grading Summary These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below. Date Taken: 11/13/2011 Time Spent: 10 min , 42 secs Points Received: 35 / 35 (100%) Question Type: # Of Questions: # Correct: Multiple Choice 8 8 Grade Details 1. Question : The population of lengths of aluminum-coated steel sheets is normally distributed with a mean of 30.05 inches
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75.35 and average sales of married customers are 78.02. Married customers consumed much than single customers. Set B 1.Method of Payment | Frequency distribution | Proprietary Card | 70 | MasterCard | 14 | Visa | 10 | Discover | 4 | American Express | 2 | 2. | Relative frequency distribution | Percent frequency distribution | Proprietary Card | 0.7 | 70% | MasterCard | 0.14 | 14% | Visa | 0.1 | 10% | Discover | 0.04 | 4% | American Express | 0.02 | 2% | 3. The
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T-2 • Tables Probability Table entry for z is the area under the standard normal curve to the left of z. z TABLE A Standard normal probabilities z −3.4 −3.3 −3.2 −3.1 −3.0 −2.9 −2.8 −2.7 −2.6 −2.5 −2.4 −2.3 −2.2 −2.1 −2.0 −1.9 −1.8 −1.7 −1.6 −1.5 −1.4 −1.3 −1.2 −1.1 −1.0 −0.9 −0.8 −0.7 −0.6 −0.5 −0.4 −0.3 −0.2 −0.1 0.0 .00 .0003 .0005 .0007 .0010 .0013 .0019 .0026 .0035 .0047 .0062 .0082 .0107 .0139 .0179 .0228 .0287 .0359 .0446 .0548 .0668 .0808 .0968 .1151 .1357 .1587 .1841
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Internet/ facebook and one person said radio, another one said by chance. Recommendation: Instead spending on radio, Crown should get more agents, as a lot of students hear about Crown by them. Q2. How many new friends have you made at Crown? The distribution is Bimodel, mode for female is 5, male is 10; Range of female is 19, male is 27. Recommedation: female should more active to make friends. Q3. What is the main reason you decided to study at Crown? The pie chart shows that 25% for uni, 27% fast
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TICKET PRICES UEFA League final tickets are the most prestige tickets in the world. After doing a sample of 240 punters who have premier seats for the UEFA League Final match, it was determine that many people are paying more than the face value of $1,100, but they are not paying more than $1,500. UEFA League officials sell out tickets each year for the UEFA League Final match within a month of releasing tickets. However, most tickets are resold to third and possibly fourth parties.
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Butler Products Case Study for DBA 8230 May 8, 2012 Background The Butler family of products produces a wide variety of items. One of the manufacturing companies makes products in three finishing departments (A, B, and C), which have identical assembly operations but package the products differently for different lines of business. Each finishing line packages units as either single or multiple units per package. For allocating overhead, volume is defined in terms machine hours. Each
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Exam 4 Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. Provide an appropriate response. 1) A point estimate is the value of a ______________ that estimates the value of a _______________. 1) _____ A) random variable; statistic B) parameter; statistic C) random variable; parameter D) statistic; parameter 2) Private colleges and universities rely on money contributed by individuals and corporations
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CASE: MERCEDES GOES AFTER YOUNGER BUYERS Questions for discussion. 1. Suppose Mercedes is concerned that dealer prices of the CLK 320 are not consistent and that even though the average price is $43,215, the prices are actually normally distributed with a standard deviation of $2,981. Suppose also that Mercedes believes that at $42,000, the CLK 320 is priced out of the BMW 330ci market. What percentage of the dealer prices for the Mercedes CLK 320 is more than $42,000 and hence priced
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