Draw a pareto diagram for the given situation

Assignment Help Basic Statistics
Reference no: EM131811252

Question: A firm specializing in the processing of rebate certificates has tabulated the frequency of occurrence of various types of problems, as shown in Table.

a. Arrange the problems in order from most to least frequent, and create a table indicating the number of cases, percent of total problem cases, and cumulative percent.

b. Draw a Pareto diagram for this situation.

c. What is the most important problem, in terms of the number of certificates affected? What percent of all difficulties does this problem represent?

d. What is the next most important problem? What percent does it represent?

e. What percent of defective certificates do the top two problems, taken together, represent?

f. Write a paragraph, as if to your supervisor, summarizing the situation and recommending action.

2159_Frequency.png

Reference no: EM131811252

Questions Cloud

Compute the product margins for the xtreme : Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional costing system
What is the next most important problem : A tractor manufacturing plant has been experiencing problems with the division that makes the transmissions. A Pareto diagram, shown in Fig.
Compute the variable overhead rate and efficiency variances : Koontz Company manufactures a number of products. Compute the Variable overhead rate and efficiency variances
What is person debt payments-to-income ratio : Enter your calculation and response in this column. What is this person's debt payments-to-income ratio?
Draw a pareto diagram for the given situation : A firm specializing in the processing of rebate certificates has tabulated the frequency of occurrence of various types of problems, as shown in Table.
Analysis of a capital budgeting proposal : Discuss the analysis of a capital budgeting proposal and have concluded that the NPV
Discussion on marketing current events : Integrate concepts and theories to support your ideas is also critical. This is true, not just in this class but during your business career
Relevant features of the five hedge fund : What are the pros & cons and other relevant features of the five hedge fund indices and when should they be used?
Describe how your mindset has changed or been validated : Share your perspective on Lopez's quote and statement above. Describe how your mindset has changed or been validated.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING 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