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1. Why use statistics in business research, and what is its role?
2. How can the concept of variance and standard deviation be applied to solving a real world business-related problem? Include a specific example from business. Explain.
3. When would you use descriptive statistics over inferential statistics? Give a specific scenario and explain your rationale.
4. Why is using Baye's theorem (conditional probabilities) important to help answer business-related questions? What does this theorem allow you to do?
James Middleton is considering the potential for success in a side business by opening a bicycle store in a local mall complex. The proposed store would cater to a growing trend in cycling with bicycle sales, parts and add-on equipment sales, rent..
Given the following information, determine the equation for the unit formulation. It cost a contractor $9,765 to manufacture their first unit. The company expects to experience an 82% unit learning curve. Estimate the cost of the 7th unit.
WACC The Patrick Company's year-end balance sheet is shown below. Its cost of common equity is 16%, its before-tax cost of debt is 13%, and its marginal tax rate is 40%.
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?
Formula for sample size n with given margin of error m and con dence level C for population proportion and please simplify the model by dropping the insigni cant terms
Business Ethics present the most moral theories, I would like to contrast the different views on moral theories that may have on capitalism and business.
Discuss how this observation should be considered when building a research plan. How might it impact the level of detail you include in your plan?Discuss key issues and concerns arising from the fact tht you, the manager, are also the researcher?
Calculate te covarience anf the correlatio coeficient. Comment on the relationship between x and y Determine the least squres line. Draw the scatter diagram and plot the least squres line
You buy a zero coupon bond at the beginning of the year that has a face value of $1,000, a YTM of 7%, and 25 years to maturity. If you hold the bond for the entire year
Sue and Linda are equal partners in a partnership. Both partners had a basis of $160,000 on the date Sue decides to sell 1/2 of her share. On that date, Sue sells 1/2 of her interest to Alice for $60,000 cash.
Freight car loadings over an 18-week period at a busy port are: Compute a linear trend line for freight car loadings:
A polling company obtains an alphabetical list of names of voters in a precinct. They select every 20th person from the list until a sample of 100 is obtained. They then call these 100 people. Does this sampling plan result in a random sample?
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