Determining weighted percentages

Assignment Help Basic Statistics
Reference no: EM1394090

A business operates with 9 locations. Each year, each location is allotted an overtime budget based on the previous years' activity. The total overtime budget for all 9 locations is $10 million. Each activity is also weighted more in the overtime budget. ( ex: production numbers a weighted more than sales because production most likely will take up more over.)

As far as the over time budget production is weighted 35%, Sales 30%, Customer Service 25%, and Accounting 10%.

If one location produced 5.5% of total accounting activity last year, 6.3% customer service, 3.5% in sales and 4.3% in production. What will be this locations overtime allotment for this year?

Reference no: EM1394090

Questions Cloud

Exam counts for the final grade : Bob gets tests grades of 86, 92, and 60 He gets an 90 on his final exam. Find the weighted mean if each tests counts for 20%, and the final exam counts for 40% of the final grade.
How to maintain a constant workforce size : Maintain a constant workforce size however, vary hours worked to correspond to predicted demand requirements.
Find out the impact of these issues : Prepare a paper in which you select two contemporary issues (Customs-Trade Partnerships Against Terrorism [CTPAT], ISO 9000 certifications, Six Sigma, Lean Manufacturing, etc.) also their related trends (globalization, trading blocks, increased go..
What are the triple bottom line implications : Illustrate what do you recommend which Ventria should do now also explain why?
Determining weighted percentages : A business operates with 9 locations. Each year, each location is allotted an overtime budget based on the previous years' activity. The total overtime budget for all 9 locations is $10 million.
Determine the selling price of the equipment sold : Determine the cost and accumulated depreciation of the equipment sold during 20X4.- The cost of the equipment sold during 20X4 is 372,000 and the accumulated depreciation is
Sample required for the poll : Polls showed the two main candidates in the 2004 presidential election were nearly tied on the day before the election. To predict the winner a newspaper would like to have a poll that has margin of error less than 1%. Roughly how large a sample w..
Explain key drivers influencing health care organizations : Explain two or more key drivers influencing health care organizations and U.S. health care delivery system. Describe current and future implications of these drivers for health care administrators
Interpretation for the margin of error : Can we conclude from this that most workers there earn between $25 and $35 per hour? Is this the right interpretation for the margin of error?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Conclusion about the given result of the hypothesis test

A research report summarizes the results of the hypothesis test by stating,"z = 2.13, p

  Probability calculation by using normal distribution

Suppose that the number of calories in McDonald's Egg McMuffin is normally distributed random variable with mean of 290 calories and standard deviation of 14 calories.

  Testing condition in probability

Is there a significant difference the four testing conditions?

  Transportation and assignment models

Don Levine Corporation is considering adding an additional plant to its three existing facilities in Decatur, Minneapolis, and Carbondale. Both St. Louis and East St.Louis are being considered.

  What was the mean processing time before training

The data below shows the time to process an inpatient admission, before and after a system usage training session was given.  The following hypotheses were formulated for this study.

  What is the approximate permutation test p-value

What is the approximate permutation test P-value and What is the permutation test P-value for testing the equality of the means versus the hypothesis that the mean change for the treatment group is larger than the mean treatment for the control gro..

  Test using independent sample t-test

Is the school district correct in assuming the girls are equal in performance to boys. They are 95% sure their assumption is correct.

  Independent-samples t test with spss

State the statistical assumptions of this test Using the data set you have selected, select independent and dependent variables.

  Standard deviation of the population

This distribution is positively skewed. The standard deviation of the population is not known.

  Decision rule for rejecting a null hypothesis

If you use a 0.10 level of significance in a two-tail hypothesis test, what is your decision rule for rejecting a null hypothesis that the population mean is 500 if you use the Z test?

  Six sigma computation-interpretations

To what probabilities do each of the following sigma levels correspond to, based on a standard normal curve: 3 sigma, 4sigma, 5 sigma, and 6 sigma? (Hint: Use the NORMSDIST function in Excel.

  Experiment on memory for dreams

A nutritionist conducted an experiment on memory for dreams. She wanted to test whether it really was true that eating cheese before going to bed made you have bad dreams. Over three nights, the nutritionist fed people different foods before bed.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd