Does the otr time appear to be stable and why or why not

Assignment Help Accounting Basics

Reference no: EM132697122

The following table lists country code and the order to remittance (OTR) time for a firm's software installations for the last 76 installations (from first to last). OTR is the time it takes after an order is received until the system is installed and payment is received (remittance). Because this company does business internationally, it also notes the country of installation using a country code. This code is listed in the first column.

Question 1: Does the OTR time appear to be stable? Why or why not?

Question 2: If you were to use a control chart to evaluate stability, which chart would you use? Why?

Question 3: What can you learn about the distribution of the installation process?

Question 4: Does it appear that the country has an impact on installation time? Why or why not?

Reference no: EM132697122

Questions Cloud

Describe organization environment : Describe the organization's environment, and evaluate its preparedness for virtualization. Recommend a configuration for shared storage;

What was Crooked Golf net cash flow : Crooked Golf's most recent income statement shows that net income was $90,000, depreciation was $25,000, What was Crooked Golf net cash flow

Is the incumbent ever in control of the game : Can, and how does, the entrant succeed? Is the incumbent ever in control of this game? In your Managerial Economics textbook, we consider a sequential-move game

Group work in terms of time-place framework : Explain why it is useful to describe group work in terms of the time/place framework.

Does the otr time appear to be stable and why or why not : What can you learn about the distribution of the installation process? Does it appear that the country has an impact on installation time? Why or why not?

What amount should be reported in paid-in capital account : Robust Robots (RR) recently issued 100,000 shares of common stock at $7 per share. What amount should be reported in Paid-in capital account

Discuss how innovation technology : Discuss how innovation technology will influence the success of this new business.

Create a cheat sheet on evidence and documentation : Create a Cheat Sheet on Evidence and Documentation to be used in your presentation. Prepare a "Cheat Sheet" that briefly describes Audit Evidence

How relates to the sarbanes-oxley act and the auditing : How relates to the Sarbanes-Oxley Act and the auditing of public companies. Address the following: Provide a brief history of COSO

User Account

All Pages