Course Project Part Three Professor Douglas Nottingham March 27‚ 2014 1. Generate a scatterplot for CREDIT BALANCE vs. SIZE‚ including the graph of the "best fit" line. Interpret. The larger the size of the family the larger the credit balances is for the family. The larger families have the financial needs to have a larger credit balance. 2. Determine the equation of the "best fit" line‚ which describes the relationship between CREDIT BALANCE and SIZE. Credit Balance ($)
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report presents a detailed statistical analysis of AJ DAVIS department store customers. Data was collected from a sample of 50 AJ DAVIS credit customers for the purpose of learning more about the customers of AJ DAVIS. The first variable considered is Location‚ a categorical variable. The three subcategories are Urban‚ Suburban and Rural. The frequency distribution and pie chart are included. Measures of central tendency and descriptive statistics are not calculated due to the categorical nature
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Gm 533 Final Paper Executive Summary An analysis was performed for Quick Stab Collection Agency. This agency specializes on relatively small accounts and avoids risky collections such as debtor that tends to be chronically late with payments or is known to be hostile. The collection business can be very profitable. Quick Stab Collection Agency has been known to purchase small accounts for $10.00 to collect a debt of $60.00. The profitable of this agency depend critically on the numbers of days
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AJ Davis Department Stores Course Project Part A: Exploratory Data Analysis Tiffahanie Seger GM533 Applied Managerial Statistics Professor Keyhani Project Part A: Exploratory Data Analysis: A. Brief Introduction AJ Davis‚ a popular department store chain‚ retains many credit customers. Therefore‚ they completed an in-depth study to find out more about these customers who are essential to their future success as a company. A sample of fifty customers were selected
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HRM 533 : INTRODUCTION TO HRM INDIVIDUAL ASSIGNMENT REQUIREMENT Question 1: Describe the major types of HRM activities. Which is the most important? Why? The major types of HRM activities:- 1. Payroll Handling compensation concerns is a chief duty of the HR department. Processing payroll accurately and on time is of great importance to everyone at the company. The main types of compensation that an HR professional deals with are guaranteed pay and variable pay. Guaranteed pay is an employee’s
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Introduction: AJ Davis is a department store chain‚ which has many credit customers and wants to find out more information about these customers. A sample of 50 credit customers is selected with data collected on the following five variables. Location Rural Urban Suburban Income Size Year Credit Balance By analysis the data which is collected on above mentioned variable in StatCrunch (Minitab) we would identify the customer’s income level‚ credit
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PROJECT C MATH 533 INSTRUCTOR Prof AMIR SADRAIN 1. Generate a scatterplot for CREDIT BALANCE vs SIZE Regression Analysis: Credit Balance ($) versus Size 2. Determine the equation of the "best fit" line‚ which describes the relationship between CREDIT BALANCE and SIZE. There is a slight positive relationship between credit balance and size The regression equation is Credit Balance ($) = 2591 + 403 Size 3. Determine the
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following report presents the detailed statistical analysis of the data collected from a sample of credit customers in the department chain store AJ DAVIS. The 1st individual variable considered is Location. It is a qualitative variable. The three subcategories are Urban‚ Suburban and Rural. Since this is a qualitative variable‚ the measures of central tendency and descriptive statistics has not been computed for this variable. The frequency distribution and pie chart are given as follows: Frequency
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data collected in the previous samples‚ the manager has made an alternative hypothesis on the following: A) The average (mean) annual income was less than $50‚000 B) The true population proportion of customers who live in an urban area exceed 40% C) The avarage (mean) number of years lived in the current home is less than 13 years D) The avarage (mean) credit balance for suburban costumers is more than $4‚300 Using the sample data‚ we will perform hypothesis tests on the aforementioned situations
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Final Project Bryant/Smith Manual Case 7: Tom’s Used Mustangs Applied Managerial Statistics I. Executive Summary The data file named “MUSTANGS”‚ contains observations on 35 used Mustangs with a variation of 10 different characteristics[1]. This file was used to prepare a report on the influence of various options on asking price and to relay how this information could be used to set prices on used Mustangs. Statistical analysis by Hypothesis Testing and Multiple Regression Analysis
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