Based on the regression analysis performed: 1/ From the scatter plot of calls offered and t variable which is true. a. an increase in t variable leads to an increase in calls offered. d. there is a strong linear relationship between the two variables 2/ Calculate the correlation coefficient between calls offered and time v
Young Professional magazine was developed for a target audience of recent college graduates who are in their first 10 years in a business career. In its two years of publication the magazine has been fairly successful. Now the publisher is interested in expanding the magazines advertising base. Potential advertisers continually
See attached file with the following questions at the end. 1. For each team, identify all of the types of error that were likely introduced by the data collection process. Discuss why you believe particular procedures produced each type of error you identify. 2. What could have been done to prevent/minimize each type of er
Texas Company produces and sells 22,000 units of a single product. Costs associated with this level of production are as follows: Direct materials $15 Direct manufacturing labor 45 Variable
X Y Z Sales $400 $200 $80 Variable expenses 128 52 34 Fixed expenses: Unavoidable 96
Bunny Company produces a part that is used in the manufacture of one of its products. The costs associated with the production of 11,000 units of this part are as follows: Direct materials $25,000 Direct labor 34,000 Variable factory overhead
Ohio Company provided the following information regarding its only product--ice skates. Direct materials used $300,000 Direct labor 80,000 Fixed ov
Provided an example of a research problem at any organization that would benefit from the use of either descriptive statistics or probability distribution statistics. How do insurance companies use descriptive statistics and probability distributions to project health and auto insurance premiums? In regards to age, why is there
Please show the solution using POM-QM software for Windows. Roads for your construction company currently have three construction jobs in Northeast Florida requiring crushed lime rock. Three pits are available to service the company's needs. The sources, destination, tonnage available and cost per tone of shipment are given
[See attached data file.] 1. Use descriptive statistics to summarize the data. Your descriptive statistics should include the following items with a short explanation of what each means: Mean Standard Error Median Mode Standard Deviation Sample Variance Kurtosis Skewness Range Minimum Maximum Sum
You are operating a business in a very competitive market. You are not yet the dominant player, but you have invested heavily in marketing and product development and it has paid off with a steady growth rate of 10%. You anticipate that this will continue into the foreseeable future and you are determined to improve your positio
Let us consider the following data for two raters X and Y, two categories A and B and object 1 through 16 (n=16): (see attached file for data) (a) Construct the 2x2 contingency table for the two raters and two categories. (b) Find the point estimate of the agreement between the two raters. (c) Construct the 95% confide
For my personal study guide. Refer to the enclosed chart which represents 10 days and the number of questions asked in the AM and PM on Day 1 through Day 10. Given the data answer the following: 1. Calculate and report the mean, median, and mode of the data. 2. Now calculate the standard deviation of the data. For t
The final grades given by two professors in introduction to operations research course have been carefully examined. The students in the first professor's class had a grade point average of 3.0 and a standard deviation of 0.2. Those in the second professor's class had grade points with an average of 3.0 and a standard deviatio
Statistics for Gulf Real Estate Properties: summarize variables, make confidence intervals, find sample sizes, and interpret results
Case 2: Gulf Real Estate Properties. Provide a Managerial Report that includes: * Appropriate descriptive statistics to summarize each of the three variables for the forty Gulf View condominiums * Appropriate descriptive statistics to summarize each of the three variables for the eighteen No-Gulf View condominiums * Co
The following data (X) represent the number of coupons used over a 6 month time period by a sample of 17 shoppers: 81, 68, 70, 100, 94, 47, 66, 70, 82, 110, 105, 60, 70, 66, 90, 78, 85 Use this sample of data to compute: the mean, the median, the mode, the range, the variance, the standard deviation, and the 90th percent
Messinger Manufacturing Company had the following account balances for the quarter ending March 31, unless otherwise noted: Work-in-process inventory (January 1) $ 140,400 Work-in-process inventory (March 31) $ 171,000 Finished goods inventory (January 1) 540,000 Finished goods inventory (March 31) 510,000 Direct
The Rams Company has provided the following information: Month Factory Overhead Labor Hours July $92,095 4,900 August 105,056 5,480 September 83,802 3,760 October 99,594
(For Questions 1, 2, 3, 4) We want to understand the weight distribution of lemons. You go to the supermarket and randomly select 29 lemons. Their weight, in ounces, is as follows: 1.6, 1.8, 1.3, 2.4, 1.7, 1.7, 1.8, 1.4, 1.4, 1.6, 1.4, 2.0, 2.2, 2.1, 1.1, 1.3, 2.6, 2.7, 1.3, 1.6, 1.7, 1.7, 1.4, 1.9, 1.5, 1.7, 1.6, 1.9, 1.9 1
Statistics: Frequency Distribution, Descriptive Statistics, Pie Chart, Bar Graph, Correlation Analysis, Normal Distribution, Z-Score and Probability
Please see attached file for data required. PC World provided ratings for 15 notebook PCs (PC World, February, 2000). The Performance Score is a measure of how fast a PC can run a mix of common business applications as compared to a baseline machine. For example, a PC with a performance score of 200 is twice as fast as the ba
The Great Fish taco Corporation currently has fixed operating costs of $11,000, sells its pre-made tacos for $5.60 per box, and incurs variable operating cost of $3.40 per box. If the firm has a potential investment that would simultaneously raise its fixed costs to $12,100 and allows it to charge a per-box sale price of $6.10 d
Parker Investments has EBIT of $15,000, interest expense of $1,940 and preferred dividends of $2,738. If it pays taxes at a rate of 27%, what is Parker's degree of financial leverage (DFL) at a base level of EBIT of $15,000? Please see attached document.
Capital gains taxes: Perkins Manufacturing is considering the sale of two non-depreciable assets, X and Y. Asset X was purchased for $1,900 and will be sold today for $2,460. Asset Y was purchased for $40,000 and will be sold today for $49,600. The firm is subject to a 37% tax rate on capital gains. a. Calculate the amount o
Marginal analysis and the goal of the firm: Ken Allen, capital budgeting analyst for Bally Gears, Inc., has been asked to evaluate a proposal. The manager of the automotive division believes that replacing the robotics used on the heavy truck gear line will produce total benefits of $551,000 (in today's dollars) over the next 5
Interest versus dividend expense. Michael's Corporation expects earnings before interest and taxes to be $38,000 for this period. Assuming an ordinary tax rate of 40%, compute the firm's earnings after taxes and earnings available for common shareholders (earnings after taxes and preferred stock dividends, if any) under the foll
Duke Energy has been paying dividends steadily for 20 years. During that time, dividends have grown at a compound annual rate of 6%. If Duke Energy's current stock price is $77 and the firm plans to pay a dividend of $7.00 next year, what is Duke's cost of common stock equity?
A manufacturer of designer jeans must decide whether to build a large factory or a small factory in a particular location. The profit per pair of jeans manufactured is estimated as $10. A small factory will incur an annual cost of $200,000, with a production capacity of 50,000 pairs of jeans per year. A large factory will incur
As of 2002, the top ten movies in terms of gross earnings were as follows (figures rounded to the nearest million dollars). Rank Movie Gross ($millions) 1 Titanic 1836 2 Harry Potter and the Sorcerer's Stone 962 3 Star Wars: The Phantom Menace 924 4 Jurassic Park 921 5 The Lord of the Rings: The Fellowship of the
How might you apply descriptive statistics to a problem within a classroom setting?
Statistics: Random Sampling, Bar Charts and Pie Charts, Descriptive Statistics, and Linear Regression
Part 1: Random Sampling You will need to do a little problem solving and use Excel to generate random numbers to answer the exercises. You will need to randomly select 20 accounts. Use the guidelines provided below: You are generating a random number list to impartially (randomly) audit 20 of 74 different records.