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    Descriptive Statistics

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    Break-Even Analysis

    The College of Business at Tech is planning to begin an online MBA program. The initial start-up cost for computing equipment, facilities, course development is $350,000. The college plans to charge tuition of $18,000 per student per year. However, the university administration will charge the college $12,000 per student for the

    Statistics: Types of Data and Frequency Distribution

    The following shopping time (in minutes) was recorded for 17 customers who visited a local clothing store. Shopping Time (minutes): 26, 23, 44, 41, 38, 35, 31, 28, 25, 22, 43, 31, 31, 27, 27, 27, 24 Answer the following Questions: A) Is this a raw data or classified data? ____________________ B) Is this a categ

    Huntington National Bank: Confidence levels for use ATM machines

    Huntington National Bank, like most other large banks, found that using automatic teller machines (ATMs) reduces the cost of routine bank transactions. Huntington installed an ATM in the corporate offices of Fun Toy Company. The ATM is for the exclusive use of Fun's 1,000 employees. After several months of operation, a sample of

    Deseasonalization of Demand

    See attached file. The attached table shows the sales for a plastics manufacturer recorded over the past year. The seasonal indexes for each quarter are also provided. To track the trend for these four quarters, use the indexes to deseasonalize the sales data: What is the deseasonalized sales value for quarter 1? Ch

    Light bulbs: samples size

    A quality engineer in a light bulb manufacturing factory is planning a study to estimate the average life of a large shipment of light bulbs. The engineer wants to estimate the average life within plus or minus 15 hours with 95 percent confidence. Assuming a process standard deviation of 100 hours, determine the sample size

    Regression Analysis

    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

    Identify types of errors in procedures, and how to deal

    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

    Making the Part of Accepting the Offer to Buy

    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

    Descriptive and Probability Distribution: Insurance premiums

    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

    Northeast Florida's crushed lime rock shipping requirements

    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

    Market share by percentage growth rate

    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

    Contingency Table for Two Rates and Two Categories

    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

    Measures of Central Tendency

    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

    Variation in final grades for an operations research course

    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

    Descriptive statistics: Number of Coupons

    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

    Prepare cost of goods manufactured; cost of goods sold

    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

    SPSS computations for Howell Data Set: Attention Deficit Disorder (ADD)

    See attached file. There is an attached Howell data set that is in SPSS. For each of the nine variables in the data set, compute all appropriate measures of central tendency and variability in SPSS, and generate syntax and output files. Also copy and past the SPSS syntax and output files into a word document as well as comput

    Statistics Problems: Housing data for sales in Baton Rouge, Louisiana

    See Data file attached. The file batonrougesufa10.xlsx contains data on houses sold in Baton Rouge, Louisiana in mid-2005. The dataset contains the following variables: Price: The price the house sold for Square Feet: The size of the house in square feet Beds: The number of bedrooms in the house Baths: The number of b

    The Great Fish Taco Corp's breakeven point

    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 Investment's Degree of Financial Leverage

    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.

    Perkins Manufacturing: Calculate capital gains tax on sale of assets

    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