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1. Define regression in your own words.
2. Define a time series plot your own words.
3. What are the four components of time series plots?
4. What programs or calculators can perform basic statistical calculations?
5. What programs or calculators can perform multiple statistical calculations involving a large data set and multiple variables?
What are the elements of a decision? How does statistical decision theory differ in conditions of certainty and uncertainty? When making a decision, can doing nothing be a valid alternative? Why?
Data collection takes a lot of time. Therefore, it is not worth the time and trouble. What do you think? What are some faster ways to accomplish data collection?
What are the steps espoused by the textbook (or instructor) for formal hypothesis testing? Explain why the sequence is important?
In what situations might you use probability as a manager to approach business-related problems? What are the advantages to using probability concepts in business decisions?
Business Ethics present the most moral theories, I would like to contrast the different views on moral theories that may have on capitalism and business.
Analyze the resources and capabilities of the two labor markets of Ireland and Singapore and which place to locate my pharmaceutical company.
Why is statistical analysis preferable to visual inspection ("eye-balling") of data when making managerial decisions?
X and Y are both standard normal random variables (mean = 0, standard deviation = 1), statistically independent of each other. Create a simulation model to estimate the probability that X and Y are both positive and that their sum is less or equal..
Your firm has been hired to help ABC Company to estimate the cost of common equity. The yield on the firm's bonds is 5.75%, and your firm's economists believe that the cost of common equity can be estimated using a risk premium of 2.5% over a firm..
This assignment requires you apply Scheduling Theory in order to optimize a schedule of events and reduce lost productivity.
Island Publishing Company publishes two types of magazines on a monthly basis: a restaurant and entertainment guide and a real estate guide.
modelise as a markov chain
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