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Bland and Altman (1986) provide data on the peak expiratory flow rates (PEFR) for 17 subjects measured using two different meters – LWPFM and SWPFM – which are provided in PEFR.MTW and reproduced by permission of The Lancet. Display the data as for the example given earlier and confirm that the limits of agreement are -78 to 74. The authors state that the standard error of the limits is given approximately by √3s2/n, where the standard deviation of the differences and n is the number of parts measured. Calculate approximate 95% confidence intervals for the limits of agreement.
Explain the "hierarchy of managers." Explain the roles of each of the three levels. What are the common characteristics of all companies? Can a manager have operation responsibilities?
Formulate an LP model for this problem in a spreadsheet and solve with Solver. How much money should be invested in each Bond?
Discuss the issues involved in making diversification a part of a company's strategy. Why are diversification strategies often unsuccessful?
What is the difference between Frame-based knowledge, Object-based knowledge, and Rule-based knowledge?
Construct a replicating portfolio consisting of certain holdings in stock and bond which exactly matches the value of a forward contract written on an asset, at any time between 0 and T. It may be rebalanced at any time if necessary, but check that i..
David owns a commercial building with a current replacement cost of $4 million. The building is presently insured on a replacement cost basis for $3 million under a fire insurance policy that has an 80 percent coinsurance clause. How much will David ..
Although ERP (Enterprise Resource Planning) Systems are a great concept. Implementation of such systems have a high rate of failure and often after such systems are installed the results may not be as desired.
How does the frequency of mergers and acquisitions influence HR planning? In this unit, HR as a strategic partner has been emphasized. However, the functions of the HR department are increasingly outsourced. Is this a contradiction?
Demand for Jammin’ Jelly can be approximated by a Normal distribution and has a mean of 76 jarsper week with a standard deviation of 22 jars per week. The owner wants to ensure jars of Jammin’. Calculate the ROP, rounding up to the nearest jar. What..
Assume that a second server can be added to team up with the first (and, in effect, act as one faster server). This would reduce the average service time to 90 seconds. What is average time in the system in min..
Considering the increased focus on values such as sustainability, environmental rights, human rights, and social responsibility, identify the behaviors and actions you might see in boards, senior leadership teams, and employees based on these values.
Under what circumstances is a code of ethics most and least likely to be effective? Why?
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