Explore BrainMass

Explore BrainMass

    Probability Distribution in Research

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Marketing share of mechanical watches where at an all time low of 5%. Research so far has indicated that the watches tend to fail three tests frequently and you need to recommend machines that need to be upgraded because they may be responsible for the failures.

    Suggested equipment: Poising Machine, Customized Movement Holders, and Timing Machine.

    Write a short comprehensive report explaining to stakeholder's the reasons for suggested equipment.

    © BrainMass Inc. brainmass.com June 3, 2020, 8:58 pm ad1c9bdddf
    https://brainmass.com/business/business-math/probability-distribution-research-example-problem-160060

    Solution Preview

    Recent research indicated that watches sent for certification just this year 60% were rejected. This result indicates the reason for the decline in sales as consumers favor SOCC certification when purchasing mechanical watches, (UOP 2007).

    Since the consumers preferred buying a watch certified by the SOCC, it may be assumed that quality is the key issue. There were a high and increasing number of rejections by the SOCC. Following the result of the research, the ...

    Solution Summary

    Provides necessary to write a short comprehensive report explaining to stakeholder's the reasons for suggested equipment.

    $2.19

    ADVERTISEMENT