data is in columns B-F. Customers have requested that all shipments be on time and nothing be shipped earlier than 5 days. 1. Analyze the data for shape, center, spread and stability. Shape: Normal [pic] The above figure shows that the data is fairly ‘Normal’. [pic] The above Scatter Plot diagram suggests that the there is a linear rise in the data points. [pic] The mean is denoted by the ‘diamond’ shape. The above Box and Whisker
Words: 947 - Pages: 4
COUNTIF SUMIF LOOKUP LOOKUP(RAND( ) … ) • Excel Functions Commonly used in Sampling AVERAGE VARP VAR STDEVP STDEV COVAR CORREL • Excel Functions Relating to Binomial Distributions FACT COMBIN BINOMDIST CRITBINOM CRITBINOM(… RAND( )) • Excel Functions Relating to Normal Distributions and T-Distributions NORMDIST NORMSDIST NORMINV NORMSINV NORMINV(RAND( ) … ) TDIST TINV • Useful Excel Tools Solver Data Tables Page 2 of 37 Basic Excel Functions • SUM( … ) The SUM function
Words: 11009 - Pages: 45
Gateway Case Analysis As part of our analysis, we focused on the following goals: 1) Minimize the chance of aircraft crash losses and insurance costs combined exceeding $37 million in the next year, and 2) Obtain the insurance coverage at lowest cost over the five-year period. We performed our analysis in 5 stages, eliminating one prospective insurance plan or confirming our observations in each stage. Crystal Ball software served as an analytical tool for our analysis. The simulations conducted
Words: 783 - Pages: 4
below. Number of hours | Frequency | 0 - 9 | 20 | 10 - 19 | 80 | 20 - 29 | 200 | 30 - 39 | 100 | =========================================================================== 5.Refer to Exhibit 2-1. The class width for this distribution a. | is 9 | b. | is 10 | c. | is 39, which is: the largest value minus the smallest value or 39 - 0 = 39 | d. | varies from class to class | ANS: B PTS: 1 TOP: Descriptive Statistics 6.Refer to Exhibit 2-1. The number of students
Words: 1985 - Pages: 8
population. The block’s dimensions (length, width, height) were measured 20 times each. This gives a sample for each dimension. From the population and samples, a histogram can be made of the data. Additionally, from these mean, mode, median, and standard deviation can be calculated. Lastly, the error and error propagation must be included because there is human and instrumental error. II. Experimental: This lab had two parts
Words: 1468 - Pages: 6
for this experiment will show that the number of simple events in this experiment is 8 Use the following information to answer questions 6 and 7: The weights of newborn children in the United States vary according to a normal distribution with mean 7.5 pounds and standard deviation 1.25 pounds. The government classifies a newborn as having low birth weight if the weight is less than 5.5 pounds. What proportion of babies weigh less than 5.5 pounds at birth? 0.0548 If the government wanted
Words: 549 - Pages: 3
will be larger. Keywords ARIMA · Bullwhip effect · Information sharing · Supply chain dard deviation of order amount is bigger than that of sales, i.e. demand deviation. This kind of distortion winds upward in the form of an increasing square of the standard deviation [9]. The bullwhip effect has drawn much attention in recent years [1, 3, 4, 6, 8–10]. This effect conceals a serious problem of cost. For instance, due to an inefficient estimation of demand, various problems may occur, such as an excess
Words: 4416 - Pages: 18
------------------------------------------------- Top of Form * 24 * 25 * 25.25 * 24.5 3.The histogram below graphically represents the distribution of the number of passengers embarking from the 135 busiest airports in the United States in 1990. This distribution is: Source Uniform. Symmetric. Bimodal. 4. The histogram below graphically represents the distribution of the number of passengers embarking at the 135 busiest airports in the United States in 1990. Which of the following
Words: 2288 - Pages: 10
BIMS Data Collection Jesse Gillen, Melroy Hyman, Joseph Boots, Michael Richards, Megan Hudspeth QNT/351 February 10th, 2015 Mohammad Sharifzadeh, Ph.D BIMS Research Analysis Introduction This report and the two studies conducted within it are to determine the reason for the increased turnover rate at Ballard Integrated Management Systems, Inc.. This report contains how the studies were conducted, the information that was gathered, interpretations of the data and recommendations for management
Words: 6911 - Pages: 28
Data Analysis in SPSS Jamie DeCoster Department of Psychology University of Alabama 348 Gordon Palmer Hall Box 870348 Tuscaloosa, AL 35487-0348 February 21, 2004 If you wish to cite the contents of this document, the APA reference for them would be DeCoster, J. (2004). Data Analysis in SPSS. Retrieved from http://www.stat-help.com/notes.html Heather Claypool Department of Psychology Miami University of Ohio 136 Benton Hall Oxford, OH 45056 All rights to this document are reserved Table of
Words: 24808 - Pages: 100
