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Using quantitative tools is one way to manage data. What kind of solutions may be derived using various statistical process controls (SPC)? Why is SPC training important to both company employees and managers?
Of the three research designs types (exploratory, formalized, and casual), which would you use to assess the effectiveness of an aspect of your job? Explain.
What is the purpose of developing a frequency distribution? What is the relationship between the relative frequency and the cumulative frequency?
What would be the order size for Company A in the given scenario that would minimize total annual cost by using the economic order quantity model?
An urn contains 7 blue and 3 yellow chips. If the drawing of chips is done with replacement, determine the probability of: Drawing three yellow chips.
A firm has an issue of preferred stock outstanding that has a stated annual dividend of $4. The required return on the preferred stock has been estimated to be 10%. Compute the value of the preferred stock.
What are the four components of time series plots? What programs or calculators can perform basic statistical calculations? What programs or calculators can perform multiple statistical calculations involving a large data set and multiple variables?
Facebook sold shares to investors at $38 each in its IPO. One year later, its stock price was hovering around $26. What was the percentage drop in Facebook shares in its first year as a public company?
Your evaluation of a statistical sample indicates that there may be a material misstatement in the population. Upon analyzing the detected misstatements, a common cause was discovered:
What was the real retun on the stock market in each year. What was the average real return? What was the risk premium in each year? What was the average risk premium?
In what ways are sunk, fixed and average costs considered irrelevant and why? What are the advantages and disadvantages of regression models in comparison to using a computerized regression routine?
How the research question and hypothesis are developed. Be as succinct yet detailed as possible. Also, discuss both the null and alternative hypothesis and how they support the research effort.
A fashion student was interested in factors that predicted the salaries of catwalk models. She collected data from 231 models.
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