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Recall our discussion during the Buffalo Bisons case study. The goal was to come up with a simple plan that rewarded the entire group while still incentivized our sales team. What metric did we use to calculate rewards for the entire team? Explain the logic on how we determined rewards for the entire team on this metric was fair. Further, why was it reasonable to draw a lower incentive from it?
Passenger miles, in thousands flown, on Commuter West Airlines, a commuter firm serving the Salt Lake hub, are shown for the past 12 weeks.
There is a very famous distribution that describes the frequency of the number of times a number comes up in a series of dice rolls, what is its name?
a publisher wants to estimate the mean length of time in minutes all adults spend reading newspapers online. to
Construct a 99% Confidence Interval for the value of the mean hours total MSU students spend in the library in a week. Demonstrate your calculations and graph
Assume that the process is in control and that the population of all jar fills is normally distributed. (Round the z-values to 2 decimal places and final answer to 4 decimal places. Negative amounts should be indicated by a minus sign.)
According to the Government Accountability Office, 80% of all college students (ages 18 to 23) had health insurance in 2006. The Patient Protection and Affordab
What is the purpose of a survey? What are three examples of a survey and what potential purpose could each be used for? How can one work to ensure the participants of a survey will have their responses kept private?
a company produces bolts for large-scale construction projects. the shear strength x of the bolts is assumed to be a
one way to establish validity of a questionnaire is my measuringa the correlation between the score on the
Let X be a random variable, with cumulative distribution function FX . Prove that P(X = a) = 0 if and only if the function FX is continuous at a.
Finnish Furniture manufactures tables in facilities located in three cities- Reno, Denver, and Pittsburgh. The tables are then shipped to three retail stores located in Phoenix, Cleveland, and Chicago.
According to Fortune, solar power now accounts for only 1% of total energy produced.15 If this number was obtained based on a random sample of 8,000 electricity users, give a 95% con?dence interval for the proportion of users of solar energy.
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