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1. The average lateness for one of the top airline companies is 10 minutes. The Standard Deviation of the lateness measure is calculated as 3. An airplane arrived 8.5 minutes after the stated arrival time. Calculate the Z-score of the airplanes lateness
2. Health insurers and the federal govt are both putting pressure on the hospitals to shorten average length of stay of their patients. A random sample of 20 hospitals in one state had a mean length of stay for non heart patients in 2000 of 3.8 days and a SD of 1.2 days. Calculate a 95% confidence interval for the population mean LOS for non heart patients in the states hospitals.
3. At a local manufacturing plant employees must complete new machine set ups within 30 minutes. New machine set up times can be described by a normal model with a mean of 22 minutes and a SD of four minutes. What percent of new machine set ups take more than 30 minutes?
4.A random sample of 100 European professional soccer players has an average age of 27 years and a SD of 4 years. We would like to decide if there is enough evidence to establish that average age of European soccer players is significantly more than 26 years. What is the nul hypothesi?
5. What is the sample value of the test statistic?
6. At 0.01 level of significance, what decision would you make? Include proper reason.
Question: (a) ‘Quality has been identified as one of the performance objectives.' Give three reasons why quality is important for a service provider such as a Tourist resort
You have developed the following income statement for the Hugo Boss Corporation. It represents the most recent year's operations, which ended yesterday. Sales $ 50,439,375 Va
how much?
Step for construction of string Diagram To construct a diagram the following steps are required. 1. Step 1 produce a scale map of the work area identifying all machi
The issue of fraud must be considered when managing risk as it could present a major liability to the organization. Fraud is an act that requires an aggressive response and correct
Your company has assigned one of its vice presidents to function as your project sponsor. Unfortunately, your sponsor refuses to make any critical decisions, always "passing the bu
Identify two operations-related tasks carried out by Hard Rock Café
A project consists of activities A, B, C, D, E, F, and G. The precedence relationships and the estimated times to complete each activity are given below: Activity Preceding Activit
What are the benefits and disadvantages of free international trade for the United States? Examples would be helpful also.
Discuss culture, values, ethics, and other such elements that lead to differences in social culture; 2) Explain the business and economic implications of differences in culture and
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