I. Read The Wall Street Journal and The Economist daily.
II. Become intimate with Microsoft Excel.
III. Know the fundamentals of Accounting.
IV. Refresh working knowledge of Statistics.

Harvard Business School Dean Announces 5 New Priorities
What does this mean for you? During the interview, you will be asked to articulate why a particular school’s curriculum is a good fit for you and your professional goals. Make sure you understand the distinctions between different programs — which ones offer case-method learning, which ones offer a “mixed” teaching style, which offer greater flexibility, which have a greater range of courses available, etc. Make sure you don’t simply repeat the obvious in your essay; telling the schools what their curriculum consists of and stating that you admire it will not win you points in the admissions process. In your application essay, you should show why and how a specific curriculum will work for you. Also remember that you are applying to business school at a time when innovation, diversity, social consciousness, and civic awareness are becoming more important. In a time like this, you definitely do not want to come across as someone just “looking to get a ticket punched.” The bottom line. The MBA degree will continue to be an important fixture in the corporate world. Business schools are, in a sense, businesses themselves and will continue to ensure their relevance. Despite the debate about the worth of an MBA in today’s tough economic times, placement rates at the top programs are excellent this year (Tuck is nearly back to its pre-recession placement level). The MBA continues to signify to employers a knowledge of core business subjects and an ability to handle complex management issues. Also note that the Wharton School of Business, the Yale School of Management, the Stanford Graduate School of Business, and the Berkeley Haas School of Business have recently announced plans to revamp their curriculum as well....

...NORMALDISTRIBUTION
1. Find the
distribution:
a.
b.
c.
d.
e.
f.
following probabilities, the random variable Z has standard normal
P (0< Z < 1.43)
P (0.11 < Z < 1.98)
P (-0.39 < Z < 1.22)
P (Z < 0.92)
P (Z > -1.78)
P (Z < -2.08)
2. Determine the areas under the standard normal curve between –z and +z:
♦ z = 0.5
♦ z = 2.0
Find the two values of z in standard normaldistribution so that:
P(-z < Z...

...standard deviation = square root of variance = sqrt(846) = 29.086 4. If we have the following data
34, 38, 22, 21, 29, 37, 40, 41, 22, 20, 49, 47, 20, 31, 34, 66 Draw a stem and leaf. Discuss the shape of the distribution. Solution: 2 3 4 5 6 | | | | | 219200 48714 0197 6
This distribution is right skewed (positively skewed) because the “tail” extends to the right. 5. What type of relationship is shown by this scatter plot?
45 40 35 30 25 20 15 10 5 0 0 5...

...
NormalDistributionNormaldistribution is a statistics, which have been widely applied of all mathematical concepts, among large number of statisticians. Abraham de Moivre, an 18th century statistician and consultant to gamblers, noticed that as the number of events (N) increased, the distribution approached, forming a very smooth curve.
He insisted that a new discovery of a...

...at Weston Materials, Inc., a national manufacturer of unattached garages, reports that it takes two construction workers a mean of 32 hours and a standard deviation of 2 hours to erect the Red Barn model. Assume the assembly times follow the normaldistribution.
a. Determine the z values for 29 and 34 hours. What percent of the garages take between 32 hours and 34 hours to erect?
z(29) = (29-32)/2 = -3/2
z(34) = (34-32)/2 = 1
z(32) = 0
P(32 < x < 34) = P(0<...

...expected value is always greater than or equal to the variance.
a. (ii) only
b. (ii) and (iv)
c. (iii) and (iv)
d. (i), (ii) and (iv).
____ 4. A normaldistribution with a mean of 0 and a standard deviation of 1 is called
a. a probability density function
b. an ordinary normal curve
c. a standard normaldistribution
d. none of these alternatives is correct
Exhibit 1
The student body of a...

...points)
3. Suppose that a random sample of size 64 is to be selected from a population having [pic] and standard deviation 5.
(a) What are the mean and standard deviation of the [pic] sampling distribution? Can we say that the shape of the distribution is approximately normal? Why or why not? (10 points)
(b) What is the probability that [pic] will be within 0.5 of the population mean? (5 points)
(c) What is...

...
STAT 200
Section 7983
Sping 2012
`
Quiz #2
Please answer all 6 big questions. The maximum score for each question is posted at the beginning of the question, and the maximum score for the quiz is 60 points. Make sure your answers are as complete as possible and show your work/argument. In particular, when there are calculations involved, you should show how you come up with your answers with necessary tables, if applicable. Answers that come straight from program software...

...HOMEWORK 2
FROM CHAPTER 6 and 7, NORMALDISTRIBUTION AND SAMPLING
Instructor: Asiye Aydilek
PART 1- Multiple Choice Questions
____ 1. For the standard normal probability distribution, the area to the left of the mean is
a.
–0.5
c.
any value between 0 to 1
b.
0.5
d.
1
Answer: B
The total area under the curve is 1. The area on the left is the half of 1 which is 0.5.
____ 2. Which of the following is not a characteristic of...

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