Module code: BSS002-6 Module Name: Business Data Analysis Submission: 30 November‚ 2012 I my class I learn how to simulate data to solve a problem. I learn to use excel and some function in it these are =SUM() = RAND() =AVERAGE() =STDV() =RANDINV() =VLOOKUP() and few more . These are widely used function when I simulated data in excel. In task 1 I find out how to calculate or forecast how much card should we print. I use a random variable with =RAND( function and use
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Week Four Discussion 2 1. In your own words‚ describe two main differences between classical and empirical probabilities. The differences between classical and empirical probabilities are that classical assumes that all outcomes are likely to occur‚ while empirical involves actually physically observing and collecting the information. 2. Gather coins you find around your home or in your pocket or purse. You will need an even number of coins (any denomination) between 16 and 30. You do not
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Case Study: Blake Electronics CASE: 1.) MAI’s proposal directly gives Steve the conditional probabilities he needs (e.g.‚ probability of a successful venture given a favorable survey). Although the information from Iverstine and Kinard (I&K) is different‚ we can easily use Bayes’ theorem to on I&K information to compute the revised probabilities. As such‚ does not need any additional information from I&K. 2.) Steve’s problem involves three decisions. First‚ should he contract the services
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Case Study - Hamilton County Judges Case (Chapter 4) Commom Pleas Court Q. 1Probibility of Cases Being Appealed and Q. 2 Probability of Q.3 Probability of Judge Reversed Appeal Rank Reversal Rank Fred Cartolano 0.04511 14 0.00395 Thomas Crush 0.03529 4 0.00297 Patrick Dinkelacker 0.03498 3 0.00636 Timothy Hogan 0.03071 2 0.00358 Robert Kraft 0.04047 10 0.00223 William Matthews 0.04019 7 0.00795 William Morrissey 0.03991 6 0.00726 Norbert Nadel 0.04427 13 0.00676 Arthur Ney Jr. 0.03883 5 0.00435
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Paper Cone Investigation Lisa Han 10MF Design Research Question: This investigation will determine how the sector sizes of the piece of the filter paper affect the terminal velocity for the cone to fall. The following will be kept constant meter ruler‚ stopwatch‚ and filter paper. Hypothesis: ‘If the sector size is the increase‚ then the terminal velocity will decrease.’ The reason is that if the sector size is bigger‚ the surface area of the cone will become smaller. If the surface area
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Durability of Wet Paper Towels Purpose: Find the strongest paper towel brand when wet. Background: Paper towels are used for a variety of purposes. Some of which include napkins‚ absorbing liquids‚ cleaning messes and more. For paper towels to effective‚they must be relatively durable while wet. However‚ paper towel brands make it hard to tell which is the most strong by claiming that they are the most durable. Hypothesis: If we add weight to each piece of wet paper towel‚ then I think
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controls on government would be necessary.” What was he saying here and how have these beliefs been enacted into law? Emphasize such key concepts from the textbook as federalism‚ separation of powers and check and balances here. The Federalist Papers are a collection of 85 essays written by Alexander Hamilton‚ James Madison and John Jay advocating the validation of the United States constitution. The series of articles were first published in 1787 - 1788 in the Independent Journal‚ the New-York
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plant during a day if no observations have been made? What if there is icy weather? It is hard to fully understand all possible factors that can effect or trigger an event and how they interact with each other. Observations are always a description of the past and is not always accurate in forecasting the future. E.g. Icy weather is not a thing you can measure and span over a wide range of weather conditions including
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Bette Nesmith Graham As electric typewriters came into widespread use after World War II‚ Bette Nesmith Graham and countless other secretaries let out a collective groan. The new machines did make typing easier‚ but their carbon-film ribbons made it impossible to correct mistakes neatly with a pencil eraser. As a result of this predicament‚ Graham ended up inventing one of the most widely used office products of the 20th century. Born in 1924 in Dallas‚ Texas‚ Bette Graham dropped out of high
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Commercial paper is an unsecured‚ privately placed‚ money market instrument issued in the form of a promissory note. Commercial paper can be issued by the following parties namely; corporate‚ primary dealers and the financial institutions that have been permitted to raise short term resources under the umbrella limit fixed by the central bank. The following are the eligibility criteria: The minimum tangible net worth should be as per the prescribed limit as per the latest audited balance sheet;
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