Fall 2011- August drive MBA SEMESTER 1 MB0040 – STATISTICS FOR MANAGEMENT- 4 Credits (Book ID: B1129) Assignment Set- 1 (60 Marks) Note: Each question carries 10 Marks. Answer all the questions 1. (a) ‘Statistics is the backbone of decision-making’. Comment. [ 5 marks] (b) Give plural meaning of the word Statistics? [ 5 marks] 2. a. In a bivariate data on ‘x’ and ‘y’‚ variance of ‘x’ = 49‚ variance of ‘y’ = 9 and covariance (x‚y) = -17.5. Find coefficient of correlation between ‘x’ and
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I read Barron’s How to Prepare for the AP Statistics Exam. A very educational book helped a lot on the AP test. It clarified ideas that I was uncertain on. It helped me to understand when to use each test and the assumptions needed for each test. Type I and Type II errors were explained in such a way that they became crystal clear to me instead of muddy. Computer and Minitab outputs were thoroughly explained‚ and I became comfortable with them after reading this book. The Barron’s guide also
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I will reflect on an incident that occurred during my shift to develop positive attitude towards nursing informatics. In this reflection‚ I am going to use Gibbs (1988) Reflective cycle. This model is a recognized framework for my reflection. Gibbs (1988) consist of six stages to complete one cycle which is able to improve my nursing informatics and learning from the experience for better practice in future. The cycle starts with description of the situation‚ analysis of the feelings‚ evaluation
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1. Introduction1 2. Problem Statement1 3. Hypothesis1 4. P-value1 5. Statistical summary2 6. 95% confidence interval 2 7. Conclusion3 Appendix 14 1. Introduction This report is about the case study of PAR‚ INC. From the following book: Statistics for Business an Economics‚ 8th edition by D.R. Anderson‚ D.J. Sweeney and Th.A. Williams‚ publisher: Dave Shaut. The case is described at page 416‚ chapter 10. 2. Problem statement Par‚ Inc. has produced a new type of golf ball. The company wants
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standard deviation were used to describe the length of labor. These were appropriate since mean and standard deviation can be calculated on an interval level of measurement. 3. Range could also be used to describe the length of labor since this statistic can be used on interval data with no natural zero point. 4. The distribution of scores was similar for the experimental and control groups for length of labor. The experimental group had a mean of 14.63 hours and the control group had a mean of
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Case Study: Condo Sales Case A. Brief introduction to the case This case involves an investigation of the factors that affect the sale price of oceanside condominium units. The sales data were obtained for a new oceanside condominium complex consisting of two adjacent and connecting eight-floor buildings. The complex contains 200 units of equal size (approximately 500 square feet each). Variables • Dependent variable 1. Sale price: Y • Independent variables 1
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• Defining What Statistics Really Is 1.1 Nature of Statistics The term “Statistics” came from the Latin word ‘status’ which could be translated as ‘state’. The usage of this term only became popular during the 18 th century where they defined Statistics as “the science of dealing with data about the condition of a state or community”. The practice of statistics could be traced back even from the early biblical times where they gather figures related to governance of the state for they realized
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STA200 Managerial Statistics Data Analysis Assignment (Group Project) Date Due: Refer to syllabus. Total Mark: 60 Files Required: Worth: 15% of final assessment Random Sampler Generator.xls; EDA_Stats.xls This assignment requires an amount of computer work and written comment. You may need to seek guidance from your tutor along the way. Do not leave things until too late!! Each question carefully describes what you are required to do so please follow these carefully! For this assignment
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Chapter 12 Simple Linear Regression Case Problem 1: Measuring Stock Market Risk a. Selected descriptive statistics follow: Variable N Mean StDev Minimum Median Maximum Microsoft 36 0.00503 0.04537 -0.08201 0.00400 0.08883 Exxon Mobil 36 0.01664 0.05534 -0.11646 0.01279 0.23217 Caterpillar 36 0.03010 0.06860 -0.10060 0.04080 0.21850 Johnson & Johnson 36 0.00530 0.03487 -0.05917 -0.00148 0.10334
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Yarn Production Statistics - Final Project Table of contents 1.0 Introduction 3 1.1 The aim of the study 3 2.0 Methodology 3 2.1 Correlation 4 2.2 Independent Samples Test 4 2.3 Two Way Anova 4 2.4 One Sample T-Test 4 2.5 Regression 5 2.6 Histogram 5 3.0 Data Analysis 5 3.1 Question 2 5 3.2 Question 3 6 3.3 Question 4 7 3.4 Question 5 8 3.5 Question 6 8 3.6 Question 7 10 4.0 Conclusions 11 5.0 References 12 1.0 Introduction A company
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