Sample Paper Mid Term Examination All questions carry equal marks (4 Marks Each) Q.No. 1 a) i) Suppose you are an operations manager for a plant that manufactures batteries. Give an example how you could use descriptive statistics to make better managerial decisions. ii) Listed here are 30 different weekly Dow Jones industrial stock averages. 2656 2301 2975 3002 2468 2742 2830 2405 2677 2990 2200 2764 2337 2961 3010 2976 2375 2602 2670 2922 2344 2760 2555 2524 2814 2996 2437 2268 2448 2460 Construct
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for a year ( 12 months). We calculate the variance for both and define the “degrees of freedom’ (n-1= 11) and then we can build the F-distribution. F statistic (): Defined as the ratio of the dispersions of the two distributions‚ in other words it is the value calculated by the ratio of two sample variances . F always >=1. The F statistic can test the null hypothesis: (1) that the two sample variances are from normal populations with a common variance; (2) that two population means are equal;
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Aca Student’s Name: Who Moved My Cheese‚ by Ken Blanchard September 29‚ 2012 Who Moved My Cheese‚ by Ken Blanchard Introduction Who Moved My Cheese‚ by Ken Blanchard is one of the best books on change management. It is one of the best books available in the market that has been able to give a fresh perspective to life of many people. In this paper‚ we will talk about how this book has been able to create a motivational effect in many
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Chapter 8 Answers Stat 2601 M & S 357-358 (ELEMENTS) 8.11‚ 8.13‚ 8.14 M & S 363-364 (LARGE SAMPLE) 8.24‚ 8.26‚ 8.29‚ 8.30‚ 8.32 M & S 371-372 (P-VALUE) 8.48‚ 8.51 M & S 378-379 (SMALL SAMPLE) 8.66‚ 8.67‚ 8.68 M & S 383-386 (PROPORTIONS) 8.74‚ 8.78‚ 8.80 M & S 392-394 (POWER OF A TEST) 8.95 M & S 397-401 (POPULATION VARIANCE) 8.111‚ 8.113 8.11 (2 points) Use of herbal therapy. According to the Journal of Advanced Nursing (January 2001)‚ 45% of senior women (i.e.‚ women
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Statistics is defined by Bennett‚ Briggs‚ & Triola (2009)‚ as “the science of collecting‚ organizing‚ and interpreting data” (p. 1). Almost every profession uses statistics in some way to guide in making good decisions based on current research. The nursing profession relies heavily on current research to guide patient care with the integration of evidenced-based practice. Statistics provide valuable information to caregivers to help them understand‚ plan‚ evaluate‚ and improve the quality of patient
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A. What is the mean age of this sample? What is the standard deviation? The mean age is 47.5 years old. The standard deviation is 10.74832 years. http://www.calculator.net/standard-deviation-calculator.html Sample Standard Deviation‚ s: 10.748316881702 Sample Standard Variance‚ s2 115.52631578947 Total Numbers‚ N 20 Sum: 950 Mean (Average): 47.5 Population Standard Deviation‚ σ 10.476163419878 Population Standard Variance‚ σ2 109.75 If it follows the normal distribution The
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Descriptive Statistics Carlos Duran QNT/561 April 28‚ 2015 Steven Marantz Descriptive Statistics Sales (in USD) Central Tendency: Mean = 42.824 dollars Dispersion: Standard Deviation = 9.073 dollars Number: 100 Min/Max: MIN IS $23.00; MAX IS $64.00 Confidence Interval: $1.06 to $44.62 The histogram is present in appendix A; the descriptive statistics are present in appendix B. Age Distribution: State if not normally distributed Central Tendency: Median = 35 years Dispersion:
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Christmas holiday vacation. After secondary research from the National Weather Service (2006)‚ the mean wind speed for the 2004 Christmas holiday vacation is calculated at approximately 6.6 mph and serves as the population mean wind speed in the test statistic. The null and alternate hypotheses are stated: H0:  H1: The result of this hypotheses test will allow the friends to determine if the
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Colgate Max Fresh’s (CMF) introduction to the US market drove Colgate-Palmolive’s (CP) US market’s value share up to 34.8% ahead from Procter & Gamble (P&G) at 2nd place with 31.6% value share. Nigel Burton‚ CP’s president for global oral care division is tasked to run the marketing of CMF in China and Mexico and is wondering if the product will generate enough sales to cover the costs of adapting CMF to the respective local markets. Burton also needs to check if there is a fit in terms of product
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Final Examination Name: Course: Date: Final Examination in Statistics (M.A.Ed./M.A.N.) 1.The scores of 15 masteral students in Statistics were 80‚85‚78‚90‚91‚98‚95‚98‚95‚74‚71‚72‚98‚99‚and 87. Find the measures of central tendency‚ the range‚ the variance‚ and the standard deviation. 2. In the performance evaluation of teachers‚ if the dean’s evaluation is given a weight of 5‚ self-evaluation is 2‚ peer’s evaluation is 2‚ and student’s evaluation is 1 and the teacher’s
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