(Prerequisite: MAT 104) COURSE DESCRIPTION This course examines the principles of probability and of descriptive and inferential statistics. Topics include probability concepts, measures of central tendency, normal distributions, and sampling techniques. The application of these principles to simple hypothesis testing methods and to confidence intervals is also covered. The application of these topics in solving problems encountered in personal and professional settings is also discussed. INSTRUCTIONAL
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1) | Sales | TV | Radio | Fuel.Volume | 1 | Min. :18969 | Min. : 0.00 | Min. : 0.00 | Min. :56259 | 2 | 1st Qu.:21171 | 1st Qu.: 0.00 | 1st Qu.: 0.00 | 1st Qu.:61754 | 3 | Median :22924 | Median : 0.00 | Median : 0.00 | Median :63136 | 4 | Mean :23064 | Mean : 41.28 | Mean : 80.47 | Mean :62853 | 5 | 3rd Qu.:24489 | 3rd Qu.: 70.00 | 3rd Qu.:205.00 | 3rd Qu.:64637 | 6 | Max. :28451 | Max. :225.00 | Max. :260.00 | Max. :68549 | 2) a) Yes, The p-value is 9.72e^-12. Much lower than
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Exercise on B.E.P A private university with a current enrolment of 12,000 students is reviewing cost and revenue data for the past academic year. Student tuition is Rs 3,600 a year. Tuition normally cover 75 per cent of university expenditures. The remaining 25 per cent comes from endowments and contributions. During the last academic year fixed costs amounted to Rs 300 lakhs. The rest of the costs varied with student enrolment. Costs have been rising more rapidly than tuition or contributions
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Question 1 Table 1 : test for normality (Descriptives) | | | | Statistic | Std. Error | Profession of Respondent | Mean | 2.78 | .138 | | 95% Confidence Interval for Mean | Lower Bound | 2.50 | | | | Upper Bound | 3.05 | | | 5% Trimmed Mean | 2.75 | | | Median | 3.00 | | | Variance | 1.456 | | | Std. Deviation | 1.207 | | | Minimum | 1 | | | Maximum | 5 | | | Range | 4 | | | Interquartile Range | 2 | | | Skewness | .165 | .276 | | Kurtosis |
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The Order Up-To Model Slide ‹#› Medtronic’s InSync pacemaker supply chain and objectives Supply chain: One distribution center (DC) in Mounds View, MN. About 500 sales territories throughout the country. Consider Susan Magnotto’s territory in Madison, Wisconsin. Objective: Because the gross margins are high, develop a system to minimize inventory investment while maintaining a very high service target, e.g., a 99.9% in-stock probability or a 99.9% fill rate. Slide
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In speaking with my management team they have speculated that for the data set the average annual income for the customers selected is less than $50,000, it is also speculated that the true population proportion of customers who live in the urban area exceeds 40%, That the average number of years our customers live in their current home is less than 13 years, and that the average credit balance for our suburban customers is more than $4,300. Testing the hypothesis that the mean annual income was
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A STUDY ON THE IMPLICATIONS OF CORPORATE RESTRUCTURING Dr. Bernadette D’silva Director, K.G. Mittal Institute of Management, I.T & Research, Malad (West), Mumbai64, Email: Bernadette.dsilva@gmail.com Mrs. Annie Beena Joseph Associate Professor, K.G. Mittal Institute of Management, I.T & Research, Malad (West), Mumbai-64, Email: annie.b.joseph@gmail.com ABSTRACT Corporate Restructuring has become a major component in the financial and economic environment all over the world. It is the process of
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CHAPTER 8: CONFIDENCE INTERVAL ESTIMATION 1. The width of a confidence interval estimate for a proportion will be a) narrower for 99% confidence than for 95% confidence. b) wider for a sample size of 100 than for a sample size of 50. c) narrower for 90% confidence than for 95% confidence. d) narrower when the sample proportion is 0.50 than when the sample proportion is 0.20. ANSWER: c TYPE: MC DIFFICULTY: Moderate KEYWORDS: confidence
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Assignment No: 01 MANAGEMENT INFORMATION SYESTEM Presented To: Prof. Hammad Mushtaq Presented By: Syed Kafait Hussain ID No: 14021034013 Q No.1: How do smart grids differ from the current electricity infrastructure in the United States? Ans: Difference between current electricity infrastructures in the United States Current Electricity Grid: Current electricity grid was conceived more than 100 year ago. Power generation was localized and built around the communities. The
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125 0.26252 1.6706271 0.14423333 MM207 Final Project 12 13 14 15 16 hours 3.290909 4 3.93 3.7127273 3.6 11 2 2 11 3 1.4214091 0 0.0098 0.11040182 0.07 2. Select a continuous variable that you suspect would not follow a normal distribution. a) My answer: my continuous variable is “Age” b) Create a graph for the variable you have
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