Street Suite 1311 Decisioneering, Inc. Denver, CO 80202, U.S.A.
ABSTRACT Crystal Ball® 2000 Professional Edition is a suite of easyto-use Microsoft® Excel® add-in software that helps you analyze the risks and uncertainties associated with your spreadsheet models. The suite includes analysis tools for Monte...
the flight takes off. This waiting time is known to have a skewed-right distribution with a mean of 10 minutes and a standard deviation of 8 minutes. Suppose 100 flights have been randomly sampled. Describe the samplingdistribution of the mean waiting time between when the airplane taxis away from the...
Sousa
CAPTURE-RECAPTURE SAMPLING: A STUDENT PROJECT Bruno C. de Sousa Universidade do Minho - Campus de Azurém, Portugal bruno@mct.uminho.pt Capture-Recapture Sampling is used when one is interested in estimating the size N of a certain population. With the help of EXCEL, we will illustrate how a student...
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Confirming Pages
C H A P T E
R
6
The Normal
Distribution
Objectives
Outline
After completing this chapter, you should be able to
1
2
3
Identify distributions as symmetric or skewed.
4
Find probabilities for a normally distributed
variable...
Summaries of Quantitative Variables 36
How to Handle Outliers 47
Features of Bell-Shaped Distributions 49
Skillbuilder Applet: The Empirical Rule in Action 56
24
Key Terms 57
Exercises 58
3
Sampling: Surveys and How
to Ask Questions 70
3.1
3.2
3.3
3.4
3.5
Collecting and Using Sample...
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SAMPLING
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ON: 27TH JULY, 2012
SAMPLING
A sample is a finite part of a statistical population whose properties are studied to gain information about...
Pedagogy: 1. Use of problem solving for all the topics. 2. Use of Statistics in Practice / Case lets / Case studies. 3. Use of Software like Excel / SPSS. |
Session Outline: |
Session | Topic / Description |
1 | Introduction to Probability – Experiments, Assigning Probabilities,...
Study Guide
MISCELLANEOUS, COMMONLY USED FORMULAS
Finite population correction factor:
Multiply SE of sample mean by fpc to make the correction
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Independent samples of same population with same standard deviation (variances are equal).
Confidence...
Tutorial:
* Business Statistics Module: Types of Data and Scales of Measurement
* Data Sets and Microsoft ExcelWorksheets (MS2010)
* Data Sets and Microsoft Excelworksheets (MS2007)
Statistics:
* The term statistics can refer to __numerical__facts____________________such as...
Chapter 4- Probability and Probability Distributions
In many situations, the uncertain quantity – demand, time between arrivals, stock price return, change in interest rate – is a numerical quantity. In the language of probability, such a numerical quantity is called a random variable.
Associated with...
Conclusions based on Samples
Introduction
This chapter introduces how you can use data from a sample to draw conclusions about the larger population from which the sample was taken. Data often arises from the results of a survey of individuals. For example, the management of a fast food chain...
the survey.
Click here to go to a Survey Tutorial file
Survey sample (in Vietnamese) Word document
Using Excel:
Inputing data into Excel (sample) Excel spreadsheet
Useful Excel Functions:
Average (to calculate mean), Stdev (to calculate sample standard deviation), Var (to calculate sample...
absolute concept. Bases are needed for evaluating materiality. Qualitative factors affect materiality decisions.
9-1
9-4 (continued) 4. Expected distribution of the financial statements will affect the preliminary judgment of materiality. If the financial statements are widely distributed to users, the...
New York, NY 10016, U.S.A. tel: 212-696-9000; fax: 212-685-4540 Distribution and Customer Service Marcel Dekker, Inc. Cimarron Road, Monticello, New York 12701, U.S.A. tel: 800-228-1160; fax: 845-796-1772 Eastern Hemisphere Distribution Marcel Dekker AG, Hutgasse 4, Postfach 812, CH-4001 Basel, Switzerland...
stephens@monash.edu
Unit material: No prescribed textbook
Unit Book:
available on the Moodle site.
Exercises:
available on the Moodle site.
Software:
EXCEL.
Recommended Reference Books
Berenson M.L., Levine D.M., Krehbiel T.C., Watson J., Jayne N., Turner, L.W.,
O’Brien M., Basic Business Statistics...
– with a Chart in the right side Text or Content box. On the right of your screen, you’ll see that Microsoft Excel 2007 has opened with a number of entries. The entries you see on the Excel screen created the chart you see on the left in PowerPoint.
Rotation Tool: An image, shape or a word can be...
| 20 |
The value of the standard error is 4.0931.
In order to check whether Microsoft Excel returned a correct result, the manual calculation of the standard error is performed. In this case, the population standard deviation is unknown. Instead, the below formula is used:
Note: s: sample standard...
Interview Worksheet
1. Introduce yourself or talk to me about yourself or take me through your life
I am Sharad Sethia, although belonging to Rajasthan I was born and brought up in Tezpur,Assam .I am a part of a joint family and my father is the company distributors to companies like Nestle, Colgate...
Week 6 Lab
Part 1. Normal Distributions and Birth Weights in America
Question 1
(a) 37 to 39 weeks
According to the graph the population mean is between 7.0 and 7.5 pounds. By examining the table, the closest Mean Birth Weight...