The buena school district bus data

Assignment Help Management Theories
Reference no: EM131099627

76. Refer to the Buena School District bus data.

a. Refer to the maintenance cost variable. The mean maintenance cost for last year is $450.29, with a standard deviation of 53.69. Estimate the number of buses with a cost of more than $500. Compare that with the actual number.

b. Refer to the variable on the number of miles driven. The mean is 830.11 and the standard deviation is 42.19 miles. Estimate the number of buses traveling more than 900 miles. Compare that number with the actual value.

Reference no: EM131099627

Questions Cloud

Appropriate in the closing of a request for information : 1. List two ways that you could begin a direct inquiry letter that asks many questions. 2. What three elements are appropriate in the closing of a request for information?
Estimate the mean amount of soft-drink : If the inspection division of a county weights and measures department wants to estimate the mean amount of soft-drink fill in 2-liter bottles to within {0.01 liter with 95% confidence and also assumes that the standard deviation is 0.05 litera, w..
Build a balanced scorecard for the unit of the organization : Build a Balanced Scorecard for the unit of the organization for which you work, or have worked. Unless you are in senior management, focus on the unit with which you are most familiar rather than the organization as a whole.
Confidence interval on proportion difference : A survey reported in Time magazine included the question ''Do you favor a federal law requiring a 15 day waiting period to purchase a gun?" Results from a random sample of US citizens showed that318 of the 520 men who were surveyed supported this ..
The buena school district bus data : a. Refer to the maintenance cost variable. The mean maintenance cost for last year is $450.29, with a standard deviation of 53.69. Estimate the number of buses with a cost of more than $500. Compare that with the actual number.
Interval estimate on the mean of all hotel room rates : The average cost per night of a hotel room in San Francisco is $550 with a standard deviation is $150 based on a sample of 50 hotel room rates. a) Construct a 99% confidence interval estimate on the mean of all hotel room rates.
What you think is a common mistake that novice analysts make : What do you think is a common mistake that novice analysts make in creating DFDs? Some have criticized DFDs as being impractical because they take too long to create. You may not get the management support needed.
Following absorption costing income statement : (TCO E) The following absorption costing income statement and additional data are available from the accounting records of Bernon Co. for the month ended May 31, XXXX. During the accounting period,17,000 units were manufactured and sold at a price..
Explain the difference between probabilities and statistics : Explain the difference between probabilities and statistics and how one is used to inform the other. Give examples. In your own words, explain the difference between inductive and deductive logic.

Reviews

Write a Review

Management Theories Questions & Answers

  Emotional intelligence and effective leadership

According to the article "Emotional Intelligence and Effective Leadership", one of the most important constructs in leadership today is the concept and application of emotional intelligence (EI). Imagine that you are an internal consultant to a..

  Explaining what corporate social responsibility

Explaining what Corporate Social Responsibility

  Effective interest rate

Effective Interest Rate

  Participates in the rental activity

What is Mort's adjusted gross income for 2009, 2010, and 2011 if he qualifies as a real estate professional? What is Mort's adjusted gross income for 2009, 2010, and 2011 if he actively participates in the rental activity?

  Deal with deceptive business practices increase

Divide the class into teams to debate the question: Should government action to deal with deceptive business practices increase, or should we count on business to regulate itself to prevent deceptive practices?

  A manager of three employees at riordan manufacturing

A manager of three employees at Riordan Manufacturing

  Write csr objective on sanitarium

There is the company name that you have to write CSR OBJECTIVE - Business Plan Sanitarium - YOU CAN TAKE SOME HELP FROM THAT SLIDE AS WELL

  Explain statistical methods of quality control

According to the theory of constraints which of the following is a FINANCIAL measurement that can be used to measure the firm's ability to make money

  Analyze the case by applying the pertinent facts

Facts - describe the pertinent facts of the case. Analysis - Analyze the case by applying the pertinent facts of the case to the elements of the law and/or theories of the law

  Rapidly changing technology and business environments

Rapidly changing technology and business environments might have impacted each generation differently. Do you believe that each generation has similar needs for products or services? How do economic factors such as a recession or consumers having mor..

  A corporate level strategy to expand its value-creation

Why would an organization choose a corporate level strategy to expand its value-creation activities beyond its core domain? Discuss how an organization's structure and culture might change as the organization begins to enter new domains.

  How do you think the producers of packaged foods and cereals

How do you think the producers of packaged foods, cereals, meat products, and other supermarket items change their pricing to react to the increased commodity prices and the change in consumer behavior?

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