Calculate importance score sum to evaluate alternatives

Assignment Help Basic Statistics
Reference no: EM13147320

Cletus Inc. plans to overhaul the cafeteria menu and has formed a four person team to evaluate alternatives. The team identifies four criteria and their corresponding percentage weights. Option A has ranks as shown in the table below:

Criteria Percentage Weight Option A Rank
Price 0.25 1
Taste 0.30 2
Texture 0.10 2
Nutrition 0.35 3

Calculate the importance score sum for option A?

Reference no: EM13147320

Questions Cloud

Analyze the various means of taxation available to finance : Analyze the various means of taxation available to finance the government and evaluate the alternatives to taxes. Identify if there is an economic limit to the extent to which the government can increase taxes. Justify your response.
Script of conversation between two people-a dialogue : You will create a script of a conversation between two people—a dialogue. This will be like writing a scene for a movie or television show. Have fun! Use characters from your favorite movies, television shows, and books if you like. You may also simp..
Percentage-of-completion method to account for work : Meyer Corporation uses the percentage-of-completion method to account for work performed under long-term construction contracts.
Compare and contrast the steps in a monosynaptic : Compare and contrast the steps in a monosynaptic and polysynaptic reflex, giving examples of both.
Calculate importance score sum to evaluate alternatives : Cletus Inc. plans to overhaul the cafeteria menu and has formed a four person team to evaluate alternatives. Calculate the importance score sum for option A?
Analyze their impact on the economy : Choose three of the most effective alternative methods of government finance. Provide a rationale for your choices by explaining why they are the most effective methods, and analyze their impact on the economy.
What are five major types of symbiosis associated : What are five major types of symbiosis associated with angiosperms, going back to the start of the eukaryotic line?
Explain how the government distributes burden of financing : Explain how the government distributes the burden of financing government-supplied goods and services. Identify the top three challenges in the process of distribution and suggest your methods to address these challenges.
Is this population in hardy-weinberg equilibrium? explain : Is this population in Hardy-Weinberg equilibrium? Explain

Reviews

Write a Review

Basic Statistics Questions & Answers

  Mode of the given test scores

The mean of a set of 7 numbers is 13. What is the sum of the numbers? Find the mode of the following test scores: 89, 78, 91, 82, 75, 89, 84, 95, 89, 93

  Hypothesis testing of mean-sleep per night

According to a recent survey, Americans get a mean of 7 hours of sleep per night. A random sample of 50 students at West Virginia University revealed the mean number of hours slept last night was 6 hours and 48 minutes

  Determining the probability model

Suppose a random sample of 25 swatches are selected. What is the probability that the mean of the sample is less than 235 pounds per square inch.

  Clarification of correlation and regression

Please define correlation and regression. Describe a management or business-related scenario where a researcher might be interested in whether a number of variables are correlated (without any assumptions about causation).

  Scatterplot for occupancy rate

Generate a scatterplot for Occupancy Rate (Y) vs. Rent per Sq. Ft. (X). Send this graph to me via email. State the equation of the best fit line. State and interpret the values of bo and b1.

  Most probable result in rejecting the null hypothesis

A researcher administers a treatment to a sample of participants selected from a population with µ = 80. If the researcher obtains a sample mean of M = 88, which combination of factors is most likely to result in rejecting the null hypothesis?

  Describe hypothesis testing-proportion

A comparison between products manufactured in China VS Mexico and their perceived quality to the US consumer based on manufacturing location.

  Sampling distribution-proportion of first-time customers

The president of Doerman Distributors, Inc., believes that 30% of the firm's orders come from first-time customers. A random sample of 100 orders will be used to estimate the proportion of first-time customers. Assume that the president is correct..

  Value of z required for rejection

Given the same significance level, a ________ value of  t  will be required to reject the null hypothesis compared to the value of  z  required for rejection.

  Point estimation-standard error-multiple regression equation

There are 6 children in a family. The number of children defines a population. The number of simple random samples of size 2 that are possible equals:

  Probability based on bivariate normal distribution

Suppose that a model for the joint distribution of these rvs is a bivariate normal distribution.

  Approximate probability of observing a sample mean

Assuming the manufacturer's claim is true, what is the approximate probability of observing a sample mean of 52 months or less?

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