Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The managing director of a consulting group has the following monthly data on total overhead costs and professional labor hours to bill to clients:
Total
Billable
$340,000
3,000
$400,000
4,000
$435,000
5,000
$477,000
6,000
$529,000
7,000
$587,000
8,000
Develop a regression model to identify the fixed overhead costs to the consulting group.
a. What is the constant component of the consultant group's overhead?
b. If a special job requiring 1,000 billable hours that would contribute a margin of $38,000 before overhead was available, would the job be attractive?
a. Solve using the p value approch. b. Solve using the classical approch.
At a large university, 500 freshmen take their final exam for their marketing course. Scores are normally distributed with a mean 79 and standard deviation 7.
In a test of the independence of two variables, one the variables has two possible categories and the other has three possible categories.
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.
Management at the Kansas City Corporate office for tax prepration wants to accomplish a business objective by conduting a study of the waiting time in its tax offices in different states.
A study of 36 members of the Central Park Walkers showed that they could walk at an average rate of 2.6 miles per hour. The sample standard deviation is 0.4. Find the 95% confidence interval for the mean for all walkers.
Suppose that you're charged with comparing results of standardized tests from four different school districts. What statistical technique would you choose to use?
Random sample of 85 group leaders, spent 6.5 years on job before being promoted standard deviation of sample was 1.7 years create 95 percent confience interval.
The FDA claims that the mean nicotine content exceeds 30.2 milligrams for this brand of cigarette and their stated reliability is 99%. Do you agree?
How do we decide if the homogeneity of variance assumption is significantly violated?
It is known that 60 percent of all registered voters in the 42nd congressional District are Republicans. There registered voters are selected at random from the district. Compute the probability that exactly 2 of the 3 selected are Republicans, u..
The lapping process, which is used to grind certain silicon wafers to the proper thickness, is acceptable only if 'sigma', the population standard deviation of the thickness of dice cut from the wafers, is at most 0.50 mil.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd