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    Variance

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    Descriptive Statistics: Variance

    During a recent lengthy strike at Morell Manufacturing Company, management replaced striking assembly line workers with office workers. The assembly link workers were being paid $18 per hour while the office workers rare only paid $10 per house. What is the most likely effect on the labor variances in the first month of this str

    PERT Network Construction

    Determine Earliest Start time (ES), Earliest Finish time (EF), Latest Start time (LS), Latest finish time(LF), and slack time for each activity Solve for: A) Construct a network for this problem B) Determine expected time and variance for each activity C) Determine Earliest Start time (ES), Earliest Finish time (EF), Lates

    Preparing a Flexiable Budget Performance Report

    Please see attached file. Canyonland Boat Charter Services rents live aboard houseboats for cruising on the lake that traverses most of the Glen Canyon National recreation area in Southern Utah. The company bases its overhead cost budgets on the following data: Variable overhead costs: Cleaning $72.50 per charter Maint

    Comprehensive Standard Cost Variances

    Please see attached file. "It certainly is nice to see that small variance on the income statement after all the trouble we've had lately in controlling manufacturing costs," said Linda White, vice president of Molina Company. "The $12,250 overall manufacturing variance reported last period is well below 3% limit we have set

    T-statistics Questions

    A researcher conducts an independent measures research study and obtains t = 2.070 and df = 28. a. How many participated in this study? b. Using a two-tailed test with .05, is there a difference between the two treatment conditions? c. Compute r2 to measure the percentage of variance accounted for by the treatment ef

    Variable Overhead Variances

    Order Up, Inc., provides order fulfillment for dot.com merchants. The company maintains warehouses that stock items carried by its dot.com clients. When a client receives an order from a customer, the order is forwarded to Order Up, which pulls the item from storage, packs it, and ships it to the customer. The company uses a pre

    The Solution to Degrees of Freedom

    The number of degrees of freedom associated with the t test, when the data are gathered from a matched pairs experiment with 13 pairs, is .... For a set of data, the total variation or sum of squares for y is SST =180, and the error sum of squares SSE =54. What proportion of the variation in y is explained by the regression

    Working with Discrete Distributions

    Let X1 and X2 have the joint pmf fiven by the following (X1,X2) f(X1,X2) (1,1) 3/8 (2,1) 1/8 (1,2) 1/8 (2,2) 3/8 Find: a.the marginal pmfs, f1(x1) and f2(x2) b. the means, m1 and m2 (mu) c. the variances, (sigma 1)^2 and (sigma2)^2 d. the covariance, sigma(sub 12) e. the correlation coeffiec

    Statistics discrete distributions and their properties.

    Let four random variables X1, X2, X3, X4 have common mean m1=m2=m3=m4= 5 and common variance (sigma 1)^2= (sigma 2)^2= (sigma 3)^2= (sigma4)^2= 6 and common correlation coefficient p(sub ij)= .1, i does not equal j. Determine the mean and the variance of Y=X1 +X2 + X3 + X4

    Population Variance of Sample Statistics

    Use the given sample statistics to test the claim about the difference between two population means μ1 and μ2 at the given level of significance α. Assume the samples are random and independent and that the populations are approximately normally distributed, and that the population variances are unequal. Claim: μ1 ≥ μ

    Expectation and Variance of Industrial Operations

    Please provide a solution for the following problem: For the daily output of an industrial operation, let Y1 denote the amount of sales and Y2, the costs, in thousands of dollars. Assume that the density functions for Y1 and Y2 are given by (see attachment). The daily profit is given by U =Y1 - Y2. a. Find E(U). b. Ass

    Statistics and ordering

    A candy store sells 18 candy bars per day on average with a Standard dev. of 3 candy bars per day. The supply company has an average delivery time of two wks with a standard deviation of two days. The candy store is open for business six dys per wk forty eight weeks of the yr. When they order it costs the candy store ten dollars

    Mean and Variance in Glass Bottles

    Approximately 10% of the glass bottles coming off a production line have serious flaws in the glass. If two bottles are randomly selected, find the mean and variance of the number of bottles that have serious flaws.

    Statistics - Variance of Populations

    A) The weights of a random sample of cereal boxes that are supposed to weigh one pound are listed here. Estimate the variance of the entire population of cereal box weights with 90% confidence 1.05 1.03 .98 1.00 .99 .97 1.01 .96

    Percentage of Variance and Regression Analysis

    A professor obtains SAT scores and freshman grade point averages (GPAs) for a group of n=15 college students. The SAT scores have a mean of M=580 with SS=22,400 and the GPAs have a mean of 3.10 with SS=1.26 and SP=84. What percentage of the variance in GPAs is accounted for by the regression equation? (Compute the correlation

    Calculations of Variance of the Population

    The weights of a random sample of cereal boxes that are supposed to weigh one pound are listed here. Estimate the variance of the entire population of cereal box weights with 90% confidence. 1.05 1.03 .98 1.00 .99 .97 1.01 .96

    Binomial Distribution Mean and Standard Derivation

    Ther are 8 balls in a sample 5 white and 3 black .x is the number of black balls in the sample. three white are selected. white are selected from sample.write the probability distribution and find of x . and find mean , variance and standard derivation.

    Wide Sense Stationary and Ergodic Processes

    A random process has sample functions of the form X(t)=A where A is a Rayleigh distributed random variable with mean of 4. A) Is this process wide sense stationary? If so, why? B) Is this process ergodic? If so, why?

    Deterministic Random Process: The Mean Value and Variance

    Sample functions from a deterministic random process are described by X(t)= At + B t>=0 = 0 t<0 where A is a Gaussian random variable with zero mean and a variance of 9 and B is a random variable that is uniformly distributed between 0 and 6. A and B are statistically independent. A) Find the mean value

    Criminal Procedure Variation

    Please assist so that I can complete this assignment: ?&#61472;Research your state's criminal procedures and choose a crime to review. (My state is Pennsylvania). ?&#61472;Locate a state that has a variance in their procedures for the same crime. (Any State). Describe the similarities and differences between the proced

    Business Statistics Finite Random Numbers

    Homework #8 Question 1 refers to the finite random variable X, whose p.m.f. is given below. x 0 1 2 4 8 fX(x) 0.1 0.2 0.4 0.2 0.1 Compute the mean, &#61549;X, variance, V(X), and standard deviation, , of X. Questions 6 and 7 refer to the random variable X which gives the number of customers who visit my busi

    Show that constants are normally distributed.

    Let X1 and X2 denoted independent, normally distributed random variables, not necessarily the same mean or variance. Show that any constants "a" and "b", Y= aX1 + bX2 is normally distributed. Help: ===== I'm not sure if I can just prove it by showing what I have below. where, SX2 ---> INTEGRATION FROM X_2 SX1 ---> INTEG

    Elementary Statistics and Frequency Distribution

    Find P25 for the following data: 2 6 3 4 2 1 2 0 1 3 6 3 You are given the following frequency distribution for the number of errors 10 students made in a test Errors Frequency 0-2 14 3-5 13 6-8 11 9-11 8 12-14 9 Find: a. mean b. variance c. standard deviation.

    Finding the 90% Confidence Interval

    What is the 90% confidence interval for the variance of the exam scores for 28 algebra students, if the standard deviation on their last exam was 12.7? a. 122.8 < o < 316.5 b. 108.6 < o < 269.6 c. 10.4 < o < 16.4 d. 123.7 < o < 312.7

    Order Statistics and Variance

    From Order Statistics. Please show each step of your solution. You can use technological device(e.g. excel, Maple, or Mathematica, etc) if you want, but please explain your work.

    Compute Mean and Variance

    The Excel file provides data on the annual percent changes in the Dow Jones Industrial average, Consumer Price Index, Standard & Poor's 500, and average yield for one-year Treasury bills from 1960 through 1999. Compute the mean and variance for the percent changes in the DJIA and S&P 500 indexes.