Sample Paper Mid Term Examination All questions carry equal marks (4 Marks Each) Q.No. 1 a) i) Suppose you are an operations manager for a plant that manufactures batteries. Give an example how you could use descriptive statistics to make better managerial decisions. ii) Listed here are 30 different weekly Dow Jones industrial stock averages. 2656 2301 2975 3002 2468 2742 2830 2405 2677 2990 2200 2764 2337 2961 3010 2976 2375 2602 2670 2922 2344 2760 2555 2524 2814 2996 2437 2268 2448 2460 Construct
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Descriptive Statistics Carlos Duran QNT/561 April 28‚ 2015 Steven Marantz Descriptive Statistics Sales (in USD) Central Tendency: Mean = 42.824 dollars Dispersion: Standard Deviation = 9.073 dollars Number: 100 Min/Max: MIN IS $23.00; MAX IS $64.00 Confidence Interval: $1.06 to $44.62 The histogram is present in appendix A; the descriptive statistics are present in appendix B. Age Distribution: State if not normally distributed Central Tendency: Median = 35 years Dispersion:
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Case Study 1: Par‚ Inc. Par‚ Inc.‚ is a major manufacturer of golf equipments. Management believes that Par’s market share could be increased with the introduction of a cut-resistant‚ longer-lasting golf ball. Therefore‚ the research group at Par has been investigating a new golf ball coating designed to resist cuts and provide a more durable golf. The tests with the coating have been promising. One of the researchers voiced concern about the effect of the new coating on driving distances. Par
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Unit 36 – M1 Name: T*** **** Class: 2B2 Teacher: Mr. ******* M1 Grading grid Analyse the standard of working conditions provided by a selected manufacturer and a service provider. Introduction In this assignment I need to analyse the standard of working conditions provided by a selected manufacturer and a service provider‚ In other words I have to compare all the working conditions
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Introducing Criminology. Academic Session 2011 - 2012 ASSIGNMENT STATEMENT. . “Crime statistics do not accurately reflect the nature and extent of crime in our society.” STUDENT NAME: Richard Irwin STUDENT NUMBER: XXXXXX TUTOR: XXXXXX WORD COUNT: XXXX Excluding Bibliography‚ Appendices and Footnotes) CONTENTS ASSIGNMENT BIBLIOGRAPHY APPENDICIES Crime statistics do not accurately reflect the nature and extent of crime in our society. In order to answer
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Christmas holiday vacation. After secondary research from the National Weather Service (2006)‚ the mean wind speed for the 2004 Christmas holiday vacation is calculated at approximately 6.6 mph and serves as the population mean wind speed in the test statistic. The null and alternate hypotheses are stated: H0:  H1: The result of this hypotheses test will allow the friends to determine if the
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Administration- MBA Semester 1 MB0040 - Statistics for Management Q1. A Explain the characteristics of statistics? B. What are the components of statistics? Give a brief description of each of its component’s? Answer: (A) Some of its important characteristics are given below: * Statistics are aggregates of facts. * Statistics are numerically expressed. * Statistics are affected to a marked extent by multiplicity of causes. * Statistics are enumerated or estimated according to
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National Income Statistics and Standard of Living The national income statistics show that the USA has the highest standard of living; this can be proved by looking at the gross national income of The United States‚ which is $12‚969.6 million‚ and the gross national income per capita which is $43‚740. This figure is over 125 times the income per capita of Tanzania which is $340. This also suggests that the standard of living in Tanzania is very poor. The UK calculated a gross national income
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Final Examination Name: Course: Date: Final Examination in Statistics (M.A.Ed./M.A.N.) 1.The scores of 15 masteral students in Statistics were 80‚85‚78‚90‚91‚98‚95‚98‚95‚74‚71‚72‚98‚99‚and 87. Find the measures of central tendency‚ the range‚ the variance‚ and the standard deviation. 2. In the performance evaluation of teachers‚ if the dean’s evaluation is given a weight of 5‚ self-evaluation is 2‚ peer’s evaluation is 2‚ and student’s evaluation is 1 and the teacher’s
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Drinking and Driving Drinking and Driving Statistic. Driving while under the influence of alcohol is always a bad idea. Driving while under the influence of alcohol is not only a danger to yourself‚ but also to those around you. Drinking and driving is a mistake for three main reasons‚ alcohol can affect your driving capabilities‚ alcohol can impair your ability to make decisions‚ and the many dangers if anything happens while you are driving under the influence. Drinking and driving is never
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