PROJECT PART B: Hypothesis Testing and Confidence Intervals Math 533 Applied managerial Statistics. Instructor: Mr. Patrick Mayers. April 12‚ 2015 Guillermo H. Quintela. a. The average (mean) sales per week exceeds 41.5 per salesperson. The Null Hypothesis: The average (mean) sales per week is greater than or equal to 41.5 per salesperson. Ho:µ >= 41.5 The alternate Hypothesis: The average (mean) sales per week is less than or equal than 41.5 per salesperson. Ha:µ < 41.5 For a significance
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Rutherford B. Hayes (19th president) Rutherford Bichard Hayes was not a well know president. He was not president that had the opportunity to lead us through a war. He was not a president that would draw much attention to the public eye. He was however one of the presidents that had a great triumph over a major U.S. problem‚ economics and civil rights following a war. The United States was just coming out of the Civil War and was in need of a new president. They were in need of one that
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Associate Level Material Appendix B Statistics UCR and Self-Report Data Complete the matrix below. To complete this matrix‚ list two pros and two cons of Uniform Crime Report (UCR) data and two pros and two cons of self-report data. Statistical Information Pros Cons Official Information: Uniform Crime Report (UCR) According to "Uniform Crime Reporting Statistics" (n.d.)‚ " The UCR Program collects statistics on violent crime (murder and nonnegligent manslaughter‚ forcible rape‚ robbery
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Patricia Tonkovich 11/09/2014 BGA1 Task 4 A) Capital Structure Cost Weight Total Cost Common Stock 12.4% 50% 6.2% Preferred Stock 8% 10% .8% Bonds and Debt 6.2% 40% 2.48% Total 100% 9.48% B) 1. Net present value (NPV) method is used to decide whether or not a company should take on a new project or acquisition. The formula for NPV is the difference between the present value of a project’s cash inflows and its cash outflows. To calculate the present values the future cash flows are discounted using
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situation. Introduction: Supply and demand concepts have application in everyday life. They also directly impact the business person in daily decisions. Task: A. Define the following three terms: 1. Elasticity of demand 2. Cross-price elasticity (include substitutes and complements) 3. Income elasticity (include normal and inferior goods) B. Explain the elasticity coefficients for each of the three terms defined in part A. C. Contrast the terms defined in part A. 1. Explain the significance
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TASK 2 Situation A: An employee took time off due to his wife giving birth prematurely. His requested time off was approved by his original manager as the employee qualified for FMLA since he has been with the company for two years and was for the care of his spouse. Under (1)”FMLA rules certain employees can be provided up to 12 weeks unpaid‚ job-protected leave per year. The employee must work for the company at least 12 months‚ have at least 1250 hours during the 12 months and the where
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In 1913‚ John B Watson a psychologist and his assistant Rosalie Rayner took an idea from Ivan Pavlov’s experiment which was the classical conditioning – a type of learning in which a neutral stimulus comes about naturally. The experiment was a demonstrating of the conditioning process in dogs. John and Rosalie decided to experiment this same demonstration on a little 9-month-old infant they called “Little Albert”. The demonstration became controversial and set the stage for behaviorism and which
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1 LITI Task 1 Business Organizations Sole Proprietorship A sole proprietorship is owned by one person that runs the business. No formalities are necessary since the business is not owned by anyone else. There are some advantages and disadvantages of owning a sole proprietorship. One advantage is that the business can be closed down at any time and any financial obligations can be paid off. Another advantage is that the business has no boss‚ partner‚ or board of directors to answer to. One
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Assessment Tasks | ICPPP211C ASSESSMENT TASK 6 – WRITTEN TEST Student Name: Student ID No: Date: ______________________________________________________________ ______________________________________________________________ ______________________________________________________________ Student Instructions: This is a closed book written assessment. In the time allocated‚ you are to answer all of the following questions. Make sure you: Print Clearly Answer all questions Use a pen. Assessments
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MGC1020 Assignment #1 Which is more difficult to gauge accurately: the general environment or the task environment? Why is it important for a manager to make a clear assessment of these environments? The general environment and task environment are the two components that make up an organisations external environment. The external environment of an organisation includes influential elements that both directly and indirectly shape and impact its future‚ and as of late‚ has developed into
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