What the robbery rate was in new orleans

Assignment Help Operation Management
Reference no: EM131353408

Dr. Lillian Fok, a New Orleans psychologist, specializes in treating patients who are agoraphobic (i.e., afraid to leave their homes). The following table indicates how many patients Dr. Fok has seen each year for the past 10 years. It also indicates what the robbery rate was in New Orleans during the same year:

YEAR

1

2

3

4

5

6

7

8

9

10

NUMBER OF PATIENTS

36

33

40

41

40

55

60

54

58

61

ROBBERY RATE PER 1,000 POPULATION

58.3

61.1

73.4

75.7

81.1

89.0

101.1

94.8

103.3

116.2

Using trend (linear regression) analysis, predict the number of patients Dr. Fok will see in years 11 and 12 as a function of time. How well does the model fit the data?

Reference no: EM131353408

Questions Cloud

(net profitability index of the project : Consider a project with the following cash flows -100, 230, and -134 at a time 0, 1,and 2, respectively. Obtain the NPI (Net profitability Index) of the project if the cost of capital is 10%.
Standard pressure is compressed until : 1) What is the new volume when a 100.0 cm3 container at 120.0 kPa is expanded until the pressure is 60.0 kPa? 2) What is the new volume when a 50.0 cm3 container at standard pressure is expanded is expanded until the new pressure is 25.0 kPa? 3) Wh..
How did lakota culture change over the 19th century : How did Lakota Culture change over the 19th century? What effect did the white culture have on that culture through the century?What was the traditional Lakota manner of fighting, and what values did it highlight? Why did this style of warfare not ..
Annual incentive fee according to the black-scholes formula : A hedge fund with net asset value of $51 per share currently has a high water mark of $57. Suppose it is January 1, the standard deviation of the fund’s annual returns is 41%, and the risk-free rate is 4%. The fund has an incentive fee of 18%. What i..
What the robbery rate was in new orleans : Dr. Lillian Fok, a New Orleans psychologist, specializes in treating patients who are agoraphobic (i.e., afraid to leave their homes). The following table indicates how many patients Dr. Fok has seen each year for the past 10 years. It also indica..
Uncollected each year as result of this change in policy : Muncie Manufacturing is increasing its collection period by 25 days in hopes of attracting additional sales. Muncie currently has annual sales of $500,000. It expects revenues to increase $25,000 per year and expenses to increase by $10,000 per year...
Describe how characteristics of region of colonial america : Describe how characteristics of the region of Colonial America impacted your chosen conflict.Discuss the American ideals or philosophies that may have caused this event to occur. How have these ideals and philosophies changed to the way we live to..
Examine fasb financial reporting requirements for a college : Examine FASB financial reporting requirements for a private college. Apply basics of GAAP pertaining to categorizing restrictions on net assets.
What is marys effective annual rate : Mary purchased 100 shares of Sweet Pea Co. stock at a price of $48.37 six months ago. She sold all stocks today for $43.39. During that period the stock paid dividends of $1.02 per share. What is Mary’s effective annual rate? Round the answers to two..

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd