Nonparametric Tests Basic Concepts • Sampling Distribution • Central Limit Theorem • Parametric Tests • Non Parametric Tests • When to use Nonparametric Tests? • Important Non Parametric Tests and their Parametric Alternatives • Advantages and Disadvantages of Nonparametric Tests. Useful Tests • Test of Normality. • Chi Squared Tests • One-Sample Runs Test • Wilcoxon Signed-Rank Test • Mann-Whitney Test • Kruskal-Wallis Test • Spearman Rank Correlation Test Sampling
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Nonparametric Test Education is even more important than ever today for anyone interested in entering the world of employment with either large international corporations‚ or even local vendors serving the community within the area where one lives. In an ongoing effort by our research team to determine if the difference in the wages from our sample population of men and women‚ who have various levels of education‚ does in fact make the difference. We are looking to use an additional test to discover
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After completing the "Applying ANOVA and Nonparametric tests" simulation‚ I realize there were a few things to take into consideration when analyzing a problem. This particular exercise wanted to know the differences and causes of the variation. In order to resolved the solution‚ an individual or whoever is conducting the analysis will need to know what type of test to used‚ decide if the null hypothesis should be rejected or not‚ and make recommendation based on the collected data. Due to two
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Objectives: 1. List and briefly explain the elements in the control process 2. Explain how control charts are used to monitor a process‚ and the concepts that underlie their use 3. Use and interpret control charts 4. Perform run tests to check for nonrandomness in process output 5. Assess process capability * What is Quality Control? 6. A process that evaluates output relative to a standard and takes corrective action when output doesn’t meet standards
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Applying ANOVA and Nonparametric test In the simulation‚ I selected the Kruskal-Wallis test which is used when it is difficult to meet all of the assumptions of ANOVA. The Kruskal-Wallis test is a nonparametric alternative to one way ANOVA. This test is used to compare three or more samples‚ to test the null hypothesis that the different samples in the comparison drawn from the same distribution or from distributions with the same median. Interpretation of the Kruskal-Wallis test is basically similar
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Definitions of Operations management Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization. Operations management is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization. Operations management is an area of management concerned with overseeing‚ designing‚ and controlling the process of production and redesigning business
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INSTRUCTOR’S TEST BANK Chapter 1: Introduction 1 Why would a marketing major need a basic foundation in operations management? A) Marketing staff schedule work centers for most businesses B) Marketing staff must know how to design processes C) Marketing staff must be able to make decisions with the entire business in mind D) Marketing staff must understand the technical processes behind manufacturing capacity management C 2 The value of a product is defined by: A) The owner B)
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Chapter 1 Introduction to Operations Management True/False 1. Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization’s goods or services. Answer: False Page: 4 Difficulty: Easy 2. Often‚ the collective success or failure of companies’ operations functions will impact the ability of a nation to compete with other nations. Answer: True Page: 4 Difficulty: Easy 3. Companies are either producing
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a customer who demands a different mix of features and attributes. It is often best not to be fastest to the market‚ but to be the best firm in the market as judged by the ultimate customer. 3. What are the major priorities associated with operations strategy? How has their relationship to each other changed over the years? The four major imperatives are cost‚ quality‚ delivery‚ and flexibility. In the sixties‚ these four imperatives were viewed from a tradeoff’s perspective. For example
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ASSIGNMENT 2: OPERATIONS DECISION Introduction This document will briefly describe the details of a fictitious business (X-QUIZIT INC). It will show an assessment of the current environmental scan factors that are relevant to the business decision making process and the factor that will have the greatest impact on the business operations and management’s decision to continue or discontinue its operation. It will also show an evaluation of the financial performance of the company using the information
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