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• How would you define statistics? How is statistics used in business decision making?
• What is the importance of statistics in business decision making? Describe a business situation where statistics was used in making a decision.
How would you define a variable? What is the difference between a dependent and independent variable? Do you think we use both variables in every research? Explain why or why not. Provide examples.
• How would you define dependent and independent variables? What is their significance in research? Explain with examples.
• What are the four data measurement scales? Explain with examples. Which level of measurement is lowest and why?
• How do we define measurement? What are various levels of measurement? How do you select measurement levels when developing a survey or data collection tool? Explain with examples.
• What are data? What is the relationship between data and variables? What is your understanding of meaningful data?
I know temporal is being stored for later use which gains temporal value of the item and spatial value is transported to another place for consumption gaining spatial value
Determine strength of causal relationship between monthly sales also new home construction by using correlation.
Use a matching demand strategy not to exceed production capacity of 2,610 external hard drives per quarter with overtime for any production above this to ensure that all production requirements are met during each quarter. What is the total cost of ..
What quality systems and procedures and systems should Toyota have followed to ensure that faulty automobiles are not delivered to the customers?
What is meant by the term criterion as it is used in personnel selection? Give some examples of criteria used jobs with which you are familiar.
Sharp Discounts Wholesale club has two service desks, one at each entrance of the store. Customers arrive at each service desk at an average of one every six minutes
Explain why the ethical conduct of salespeople has become so important today.
What are some pros and cons of globalization?
What is your reaction to George Gerbner's theory of the "Mean World Syndrome?" identify any real world situations you've experienced that would support his theories?
in the past the defective rate for your product has been 1.5% when are the upper and lower control chart limits if you wish to use a same size of 500 and z= 3?
Demand for cords of wood can be modeled by using a Normal Distribution with a Mean of 2560 units and a Standard Deviation of 60 units. What is the Probability that you will make money using this machine?
Any equipment which is in need of repair or replacement is removed for off-site service (or replacement) prior to the next day. Illustrate what Principles of Operations Management are supported by this policy.
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