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Each month the US Bureau of Labor Statistics publishes a variety of unemployment statistics, including the number of individuals who are unemployed and the mean length of time the individuals have been unemployed. For November 1998, the Bureau of Labor Statistics reported that the national mean length of time of unemployment was 14.6 weeks. The mayor of Philadelphia requested a study on the status of unemployment in the Philadelphia area. A sample of 50 unemployed residents of Philadelphia included data on their age and the number of weeks without a job. A portion of the data collected in November 1998 follows. The complete data set is available in the data file BLS. Managerial Report 1. Use descriptive statistics to summarize the data. 2. Develop a 95% confidence interval estimate of the mean age of unemployed individuals in Philadelphia. 3. Conduct a hypothesis test to determine whether the mean duration of unemployment in Philadelphia is greater than the national mean duration of 14.6 weeks. Use a .01 level of significance. What is your conclusion? 4. Is there a relationship between the age of an unemployed individual and the number of weeks of unemployment? Explain
One of the techniques used by companies in the late 1800s to discourage union organizing was to create company unions. This case would seem to suggest that nothing about the workplace had changed in over 100 years. What decision do you think the j..
Find the schedule and cost variances for a project that has an actual cost at month 22 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000. What is your overall interpretation of this result?
How can the project baseline and the earned value approach for variance analysis be used to monitor and report project progress?
Your product launches typically reach 70% ACV distribution in 13 weeks. This is best in class. Of the moms that will likely buy your product, and saw your advertising, how many can buy the product based on your distribution?
hello ltbrgti did attach four question in production and operations management. ltbrgt ltbrgtq1. define an academic
Should government be run like a business? Why or Why not? From the readings and Instructor Insights, describe how public or nonprofit management and business management are alike -but different? Be sure to identify specific attributes.
Read the article titled “The Perils and Pitfalls of Leading Change”. Next, analyze the change that was implemented by Daniel Oliveira. Synthesize the change based on Kotter’s eight (8) steps for leading change. Determine if Oliveira followed the Kot..
A manufacturer of industrial sales has production capacity of 1,000 units per day. Currently, the firm sells production capacity for $10 per unit.
Identify and briefly describe some of the forces that have resulted in increased global integration, and the growing importance of global marketing. Include research that supports your information, and document the sources of your data.
What problems do the unethical or controversial actions of strategic present for an organization
An animal leaves its burrow near a river bank and moves up and down along the river bank foraging for food. Its distance upstream from its burrow after t minutes is denoted by X(t), and may be reasonably modeled as an ordinary Brownian motion {X(t); ..
Identification of the successful characteristic of establishing self-directed, high-performing teams. Recommendations for success. A designed plan that might help guide the struggling managers and improve negotiation and conflict resolution skills
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