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1. Discuss some of the statistical methods from this course that could be useful to mgt. to assist in making business decisions- from either what you may have encountered in you r work experience or believe you might be able to use in the futre.
2. Explain how finding the mean and standard deviation could be useful in; Confidence intervals for the mean, using hypothesis test, normal probability, and a binomial probability.
3. Describe how an organization could use correlation and regression between variance and the coefficient of determination.
4. Give on example of how data could be used in developing a proportion and explain how this data can be used in; Finding the correct sample size, Developing a Chi-square test, and Developing a confidence interval for a proportion.
a new contraption to help you eat yogurt easily while driving autogurt is now on the market. it costs justin 2 in
Examine your Y data (excluding the hold out period) to determine if it needs to be differenced to make it stationary. Show a time series plot of the raw Y data and autocorrelation functions (ACFs).
Does NAFTA affect the automobile industry's decisions on what to do with labor costs? Capital costs? If so, how? Was this trade agreement good for the United States from an economic standpoint? Was it good for Mexico from and economic standpoint?
Last year the imaginary nation of Freedonia had a population of 2,700 and real GDP of 16,200,000. This year it had a population of 2,500 and real GDP of 14,640,000. What was the growth rate of real GDP per person between last year and this ye..
Conduct an internal and external environmental analysis, and a supply chain analysis for your proposed new division and its business model.
A 40-day strike at Boeing resulted in 50 fewer deliveries of commercial jetliners at the end of the first quarter of 2000. At a cost of $20 million per plane, what was the equivalent end-of-year cost of the strike (i.e., end of fourth quarter) at an ..
What are the key points in short run production functions that delineate the three stages of production?Explain the relationship between the law of diminishing return and three stages of production.
How big will that budget have to be before he would spend a $1 buying a first cup of coffee and omar has a budget that he can spend only on donuts.
1. Inclusive property rights provide an investor: 2. Lawyer Ayres and economist Levitt considered the net benefits of installing a LoJack from the society's standpoint positive, because the annual installation and service charges on this equipment..
An airline ticket costs the same from Casper, Wyoming to Denver, Colorado, and from Denver to Orlando, Florida. Does this make economic sense? Describe the rationale behind equal prices for unequal distances in air travel using demand, supply and cos..
suppose the equation for demand can be expressed as p 120 -.65q p price of a good and q is the quantity of the good
consider a couples decision about how many children to have. assume that over a lifetime a couple has 200000 hours of
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