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Q1.(i) The logistics department of a large firm employs three "estimators" whose job it is to decide the likely cost of delivering their products to their customers. This enables them to negotiate with Third Party Logistics (3PL) providers for an acceptable price. In order to check if there is any serious discrepancy between the methods used by the three they were each asked to produce estimates for the same four jobs. The results (in hundreds of pounds) are shown in the table below:
(a) Does the data suggest any discrepancy between the estimators?
(b) Is it possible to identify any interaction between estimators and jobs? Explain your answer.
(ii) Two computer operating systems were compared to test the disc access response times. The results (in milliseconds) are shown below:
Does it seem that there is a significant difference between the two operating systems?
journal entries of a loan swap with different currency
Consider the Kristen Cookie Company case. From the note: Wash&Mix: 6 mins per order (max 3 dozen) Dish up: 2 mins per dozen Set up timer: 1 min per dozen Bake: 9 mins per dozen
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Skewness It is the comparison of the mean, median and mode can reveal information about the characteristics of skewness. Definition The distribution of the data is ske
Discovery of Neutron A neutron is a neutral particle carrying no charge, and having mass equal roughly to the mass of a proton. This particle was discovered experimentally by Chad
t distribution has proportionately smaller areas in its tail than normal distribution. is it true?
Classification of cost accounting?
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What is a hypothesis test? Why do we need to use them to make decisions about relating sample results to the population; why can’t we just make our decisions by the sample value?
what is it
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