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Answer the following questions separately and completely.
Part 1: Describe ways in which the use of MS Excel as a tool for interpreting data can be used by a manager of an organization.
Part 2: What potential legal and ethical issues could arise if the information gained in this survey was used to create an ideal profile of characteristics that the company looked for when hiring employees?
Marks on statistics midterm test are normally distributed with mean of 78 and a standard deviation of 6. Determine the probability that class of 50 has average midterm mark that is less than 75?
Public transportation and the automobile are 2 methods an employee can use to get to work each day. Samples of times recorded for each method are shown. Times are in minutes.
Dr. Bundy recently earned permission from the warden of a local prison to use prisoners to study the effects of the drug Zoloft on depression.
A banks loan officer rates applicants for credit. The ratings are causally distributed with a mean of 200 also a standard deflation of 50.
At α = 0.10 test the claim that there is a difference in means of the salaries. (a) State the Hypotheses: (b) Compute the Test statistic: (Round off correctly)
How many units of capacity should be built to minimize the total cost of providing capacity plus lost sales?
The height and diameter of 31 trees of a certain species were measured, the trees were cut down, and the volume of usable lumber was determined. Find the explanatory variable(s) in this study are
According to Central Limit Theorem, how big of sample is essential to be sure sampling distribution of sample means is normally distributed.
Find the probability and mean and standard deviation for given data under Binomial distribution.
Discuss three measures of central tendency for the dependent variable. Is this distribution skewed? If so, in what direction? Explain your answer. Why would you NOT attempt to determine the central tendency of the independent variables?
What level of confidence is associated with an interval of .400513 to .515487 for the long run proportion of new product placements?
How would managers find benefit in helping them to obtain valuable information in problem identification research. Discuss whether these data are secondary or primary and justify your answers
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