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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.
In this assignment, you will develop a ten item survey that will be given to all applicants at your company. The purpose of this survey is to determine whether the applicant is a p
What short-run, long-run and policy options are available to employers in lieu of layoffs? Explain.
How does a product life cycle differ from a product life cycle?
Frameworks for Developing Performance Measures There are a number of approaches which will be described here in broad terms: The Kaplan and Norton balanced scorecard
Do you think that franchisors should allow franchisees to make modifications to the franchisor's product offering, explain? Please put in your own words
What are the classified different stock items? The ABC system of inventory management Various stock items are classified as like: a. High value (A) b. Medium value (B
what used materials for made the Turbine blades which endures vibrations and saline conditions and why?
From an analysis of the case, discuss some key factors that led to the Williams Company's decline and ultimate exit from the private sector. • To what extent did project managem
What is meant when a variable, like the possible selling prices for a new item like a mouse pad, is said to be uniformly distributed?
1. Using Porter's Five Industry Forces, map the soft drink industry. 2. What are the risks and opportunities of the strategies followed by Pepsi? Of Coca Cola? 3. How would you res
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