BA 302 online: Instructions for Midterm, Fall 2015 Window period: Friday, October 16th, 2015, 8 a.m. – Monday October 19th, 11:59 p.m. (I have extended the window period by one day from originally scheduled) Time limit Six hours (you can take the Exam only at one stretch) The test will consist of 17 True/False type (4 points each), 16 Multiple/Choices (7 points each) and 8 Essay Type (15 points each) with a total of 300 points. The Chapters covered are 1, 2, 3, 5, 6, and 7. The topics to focus
Words: 1729 - Pages: 7
Cost per Unit Direct Labor Cost per Unit 43 44 45 46 47 Probability 0.1 0.2 0.4 0.2 0.1 Flow Chart for PortaCom Simulation Model Parameters Selling Price per unit = 249 Administrative Cost = 400,000 Advertising Cost = 600,000 Generate Direct Labor Cost, c1 Next Trial Generate Parts Cost, c2 Generatate First Year Demand, x Compute Profit Random Process Generator • In order to generate values from the probability distributions of each RV, we rely on generating Random Numbers
Words: 461 - Pages: 2
case, Forward either go for initial settlement or it could go for trial. In case Forward Software goes to trial, it can either win the case or loose. 2. Recommendations We have constructed the tree diagram based on the given data. Any missing probability from the given problem statement is calculated using Bayes Theorem. Based on the following key outcomes we make the following recommendations: Details | EMV (in millions) | EMV without research | $ 4.5 | EMV with research | $ 3.936 | Maximum
Words: 706 - Pages: 3
1 Mathematics for Management Concept Summary Algebra Solving Linear Equations in One Variable Manipulate the equation using Rule 1 so that all the terms involving the variable (call it x) are on one side of the equation and all constants are on the other side. Then use Rule 2 to solve for x. Rule 1: Adding the same quantity to both sides of an equation does not change the set of solutions to that equation. Rule 2: Multiplying or dividing both sides of an equation by the same nonzero number
Words: 3181 - Pages: 13
The simulation of Jet Copies can be done by generating random numbers from given probability distributions. The different steps of this simulation and assumption made are explained below. 1. Simulation for the repair time. It is given that the repair time follows Repair Time (days) Probability 1 .20 2 .45 3 .25 4 .10 ----- 1.00 To generate a random number from the above distribution, we use the following procedure. Generate a random number denoted by r2 from between 0 and 1. If
Words: 736 - Pages: 3
which I denoted r2 between 0 and 1. If 0 < r2 < 0.2 then it takes 1 day 0.2 < r2 < 0.65 then it takes 2 days 0.65 < r2 < 0.90 then it takes 3 days 0.9 < r2 < 1 then it takes 4 days 2 The probability distribution of the random variable varies between the times of 0 to 6 weeks, with the probability increasing as time goes on. This can be approximated by the function f(x) = x/18 for 0 < x < 6 Therefore, the distribution function is f(x) = x-square divided by 36 for 0 < x < 6 If we set this
Words: 695 - Pages: 3
Journal of Data Science 2(2004), 231-244 Estimating Vehicle Speed from Traffic Count and Occupancy Data Martin L. Hazelton University of Western Australia Abstract: Automatic vehicle detectors are now common on road systems across the world. Many of these detectors are based on single inductive loops, from which data on traffic volumes (i.e. vehicle counts) and occupancy (i.e. proportion of time during which the loop is occupied) are available for 20 or 30 second observational periods. However
Words: 4518 - Pages: 19
Syllabus Cambridge International A Level Further Mathematics Syllabus code 9231 For examination in June and November 2013 Contents Cambridge A Level Further Mathematics Syllabus code 9231 1. Introduction ..................................................................................... 2 1.1 1.2 1.3 1.4 Why choose Cambridge? Why choose Cambridge International A Level Further Mathematics? Cambridge Advanced International Certificate of Education (AICE) How can I find out more? 2
Words: 7018 - Pages: 29
Course Outline: Probability and Statistics Week Tue-Sat 1 2 3 4 Topics/Sub-Topics Introduction to Statistics What is Statistics, Definition of Statistics, Types of Statistics, Application of Statistics in Real life, Variable and its types, Constant and its types. Definition of Data, Primary & Secondary Data, Frequency and Frequency Distribution, Class Limit & Boundary. Organizing and Graphing Data Organizing and Graphing of Qualitative (Simple Bar Chart, Multiple Bar Chart
Words: 416 - Pages: 2
DESCRIPTIVE STATISTICS & PROBABILITY THEORY 1. Consider the following data: 1, 7, 3, 3, 6, 4 the mean and median for this data are a. 4 and 3 b. 4.8 and 3 c. 4.8 and 3 1/2 d. 4 and 3 1/2 e. 4 and 3 1/3 2. A distribution of 6 scores has a median of 21. If the highest score increases 3 points, the median will become __. a. 21 b. 21.5 c. 24 d. Cannot be determined without additional information. e. none
Words: 28909 - Pages: 116
