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1. The mean gas mileage for a hybrid car is 56 miles per gallon. Suppose that the gasoline mileage is approximately normally distributed with a standard deviation of 3.2 miles per gallon.
2. What conditions must n satisfy to make the x2 test valid?
3. To use the t-statistic to test for a difference between the means of two populations, what assumptions must be made about the two populations? About the two samples?
4. Studies of managers from two countries in the 1970s found sharp differences of opinion toward quality management. To find out if these differences continue to exist, researchers surveyed 100 managers in each country in the electronics manufacturing industry. The accompanying table gives the percentages of managers from each country who agree with each of 10 randomly selected statements regarding quality. Complete parts a through c.

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1. The mean gas mileage for a hybrid car is 56 miles per gallon. Suppose that the gasoline mileage is approximately normally distributed with a standard deviation of 3.2 miles per gallon.
2. What conditions must n satisfy to make the x2 test valid?
3. To use the t-statistic to test for a difference between the means of two populations, what assumptions must be made about the two populations? About the two samples?
4. Studies of managers from two countries in the 1970s found sharp differences of opinion toward quality management. To find out if these differences continue to exist, researchers surveyed 100 managers in each country in the electronics manufacturing industry. The accompanying table gives the percentages of managers from each country who agree with each of 10 randomly selected statements regarding quality. Complete parts a through c.

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14 (de) vizualizări

FOR MORE CLASSES VISIT
www.qnt561genius.com
1. The mean gas mileage for a hybrid car is 56 miles per gallon. Suppose that the gasoline mileage is approximately normally distributed with a standard deviation of 3.2 miles per gallon.
2. What conditions must n satisfy to make the x2 test valid?
3. To use the t-statistic to test for a difference between the means of two populations, what assumptions must be made about the two populations? About the two samples?
4. Studies of managers from two countries in the 1970s found sharp differences of opinion toward quality management. To find out if these differences continue to exist, researchers surveyed 100 managers in each country in the electronics manufacturing industry. The accompanying table gives the percentages of managers from each country who agree with each of 10 randomly selected statements regarding quality. Complete parts a through c.

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1. The mean gas mileage for a hybrid car is 56 miles per gallon.

Suppose that the gasoline mileage is approximately normally distri

buted with a standard deviation of 3.2 miles per gallon.

2. What conditions must n satisfy to make the x 2test valid?

3. To use the t-statistic to test for a difference between the mea

ns of two populations, what assumptions must be made about the

two populations? About the two samples?

4. Studies of managers from two countries in the 1970s found s

harp differences of opinion toward quality management. To find o

ut if these differences continue to exist, researchers surveyed 100

managers in each country in the electronics manufacturing industr

y. The accompanying table gives the percentages of managers fro

m each country who agree with

1. A random sample of size 15 is selected from a normal populatio

n. The population standard deviation is unknown. Assume the null

hypothesis indicates a two-tailed test and the researcher decided t

o use the 0.10 significance level. For what values of t will the null h

ypothesis not be rejected?

2. Which of the following is a characteristic of the F distribution?

d business-related problem? Provide a specific application in which

these measures are useful.

When would you use Chebyshevs theorem and the empirical rule i

n business? How are they calculated? Provide one real-life example

that requires Chebyshevs theorem and one that requires the empi

rical rule.

slab Problem Set

1. What is statistics?

2. Explain the difference between descriptive and inferential sta

tistics.

3. Explain the difference between qualitative and quantitative d

ata.

4. Explain how populations and variables differ.

5. Explain how populations and samples differ.

6. What is a representative sample?

7. Explain the difference between a population and a process.

8. Define statistical thinking.

asked which Midwestern city they prefer: Indianapolis, Saint Louis,

Chicago or Milwaukee. 388 liked Indianapolis best, 450 liked Saint

Louis, 1212 liked Chicago and the remainder prefers Milwaukee. D

evelop a frequency table and a relative frequency table to summari

ze this information (Round relative frequency to 3 decimal places.)

ign within your profession?For example, in the education field, gra

duation rate and retention rate are important operational definitio

ns to measure progress of students. Likewise other professions ha

ve common metrics and definitions. Identify some metrics and ope

rational definitions from your own career or a profession that you

know well. Tell us why you think it is important!

ngers of sampling? How important is the sample design to data vali

dity? Explain. Provide an example where a sample might misrepres

ent data validity.For example, reflect on the current political camp

aign and the pollsters!

slab Problem Set

1. A random sample of 87 observations produced a mean = 25.

7 and a standard deviation s = 2.6.

2. Health care workers who use latex gloves with glove powder

on a daily basis are particularly susceptible to developing a latex al

lergy. Each in a sample of 50 hospital employees who were diagnos

ed with a latex allergy based on a skin-prick test reported on their

exposure to latex gloves. Summary statistics for thr number of late

x gloves used per week are= 19.4 and s = 11.6. Complete parts (a)

(d).

oard of Directors prepares a list of five candidates, all of whom are

equally qualified. Two of these candidates are members of a minor

ity group. To avoid bias in the selection of the candidate, the comp

any decides to select the president by lottery. a. What is the proba

bility one of the minority candidate is hired? b. Which concept of p

robability did you use to make this estimate? Ex 14) The chair of th

e board of directors says, There is a 50% chance this company wil

l earn a profit, a 30% chance it will break even, and a 20% chance it

will lose money next quarter: a. Use an addition rule to find the pr

obability the

esearch Project Part 1 Business Problem and

Research Questions

Identifyan organization or business for your Learning Team resea

rch project.

Describethe products or services it provides.

Identifya problem or dilemma faced by the organization that coul

d be addressed by research.

Discussthe problem as a team.

esearch Project Part 1 Formulation of the Res

earch Problem

Identifyan organization from any member in your Learning Team

or an organization with which your team is familiar. If an actual co

mpany is used, disguise its name with a pseudonym.

Identifyone independent variable and one dependent variable ba

sed on the business. Operationalize these variables if they are too

abstract to measure.

was a heated discussion between people who claimed that theory i

s impractical and not effective, and others who claimed that effecti

ve theory is the most practical approach to problems. What positio

n would you take and why?

efections than male sales representatives. What concepts and cons

tructs would you use to study this phenomenon? How might the co

ncepts or constructs relate to explanatory hypotheses? Explain.

lab Problem Set

1. Which hypothesis, the null or the alternative, is the status-qu

o hypothesis?

2. A university economist conducted a study of elementary scho

ol lunch menus. During the state-mandated testing period, school l

unches averaged 890 calories. The economist claimed that after th

e testing period ended, the average caloric content of the school

Chapter 8:

and Northern Kentucky region. The hospitals are identified by num

bering them 00 through 28. Also included is whether the hospital is

a general medical/surgical hospital (M/S) or a specialty hospital (S).

we are interested in estimating the average number of full- and pa

rt-time nurses employed in the area hospitals.

esearch Project Part 2 Research Plan (2 Paper

s)

Developa plan for your Business Research Project in approx. 800

words.

he previous week.

Identifypopulation and samples for your research.

Describewho will be chosen and how they will be accessed.

tive Statistics

iables from a dataset for your choosing.

Analyze the data with MegaStat , StatCrunch , Microsoft

Excel or other statistical tool(s), including:

(a) Descriptive stats for each numeric variable

and

(b) Histogram for each numeric variable

and either (c) or (d)

(c) Bar chart for each attribute (non numeric) variable

(d) Scatter plot if the data contains two numeric variables

Determine the appropriate descriptive statistics.(a) For normall

y distributed data

rovide examples. Does this advancement increase the chance for e

rrors? Explain.

What are risks of not doing this? Provide an example.

lab Problem Set

1. Researchers conducted a survey of a representative sample o

f over 1,000 drivers. Based on how often each driver engaged in ro

ad behaviour, a road rage score was given. The drivers were also gr

ouped by annual income. The data were subjected to an analysis o

f variance, with the results summarized in the table.

2. Researchers surveyed a random sample of 25 employees

ormal population. The sample mean is 12, and the population stan

dard deviation is 3. Conduct the following test of hypothesis using

the 0.01 significance level. EX. 10) Given the following hypotheses:

H0 : = 400 H1: 400 A random sample of 12 observations is sel

ected from a normal population. The sample mean was 407 and th

e sample S.D 6. Using the 0.1 significance level: a. State the decisio

n rule. b. Compute the value of the test statistic c. What is your dec

ision regarding

esearch Project Part 3 Survey and Data Collec

tion Plan (2 Sets)

Createa draft of the survey.

Conducta pilot pretest having another Learning Team in the class

to provide feedback for your team. Chet will create a message thre

ad for each team to place their survey in the Class Discussion Tab.

Revisethe survey based on the feedback provided by your classm

ates.

s related to business and operations management? Provide specifi

ce

s? Provide examples. What are implications for determining the tes

ts used to analyze data?

lab Problem Set

2. Researchers investigated the effect of tablet surface area to v

olume on the rate at which a drug is released in a controlled-releas

e dosage. For six similarly shaped tablets with different weights an

d thicknesses, the diffusional drug release rate (percentage of drug

released divided by the square root of time) was determined. The e

xperimental data are listed in the table. Complete parts a through

d.

to study the relationship between the age of a car and its selling pr

ice. Listed below is a random sample of 12 used cars sold at the de

alership during the last year. a. If we wants to estimate selling pric

e on the basis of the age of car, which variable is thr dependent var

ialble and which is the independent variable? b. 1. Determine the c

orrelation coefficient 2. Determine the coefficient of determination

. c. Interpret the correlation coefficient. Does it surprise you that t

he correlation coefficient is negative? EX.12) The student Governm

ent Association at Middle Carolina University wanted to demonstra

te the relationship between the number of beers a student drinks

and his or her blood alcohol content (BAC). A random sample of 18

students participated in a study in which participating

esearch Project Part 4 Data Analysis (2 Sets)

Administerthe survey.

Determinethe sample process including sample contact, survey di

stribution, and survey collection.

Organize,prepare, and describe the data.

a.

Think of this as a progress report to the CEO. He/S

Chapter 18: EX.2) Listed Below is the number of movie tickets sold

at the Library Cinema-Complex, in thousands, for the period from

2001 to 2013. Compute a five-year weighted moving average using

weights of 0.15, 0.15, 0.25, 0.16, and 0.29, respectively. Describe th

e trend in yield. EX 10) Appliance Center sells a variety of electronic

equipment and home appliance. For the last 4 years, 2010 through

2013, the following quarterly sales (in $ millions) were reported. D

etermine the typical seasonal index for each of four quarters.

esearch Project Part 5 Research Report and Pr

esentation (2 Sets)

Complete the cumulative Business Research Report in approx.

1,500 words by collaborating with your team to include the followi

ng:

Revised tables or figures based on prior instructor feedback

The description or interpretation for the tables or figures

Summary of Learning Team results

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