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A metal fabricator manufactures connecting rods with an outer diameter that has a 1 ± .01 inch specification. A equipment operator takes many sample measurements over time and determines the sample mean outer diameter to be 1.002 inches with a standard deviation of .003 inch.a. Calculate the process capability index for this example.b. What does this figure tell you about the process?
What are the goals of using the statistical method? Explain how the method is important in the field of business statistics.
Explain What are some of the potential difficulties in approaching strategic planning from a balanced perspective
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Calculate the forecast for the next period using simple exponential smoothing.
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How does the standard of living differ for the average American versus for the average person living in India
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information profiling individual customers. Using real work examples, analyze the legal, ethical and social implications of storing and using this information by organizations.
What do you think should be a reasonable spread (either a dollar or percentage spread) between the earnings of a firm's CEO and its lowest paid hourly workers and why?
How would you approach solving the problem of engaging a multi-generational workforce in 21st century technologies, including as it pertains to communications?
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