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Sales of roof material, by quarter, since 1997 for Carolina Home Construction, Inc. are shown below (in $000).
Quarter
Year I II III IV
1997 210 180 60 246
1998 214 216 82 230
1999 246 228 91 280
2000 258 250 113 298
2001 279 267 116 304
2002 302 290 114 310
2003 321 291 120 320
a. Determine the typical seasonal patterns for sales using the ratio-to-moving-average method.
b. Deseasonalize the data and determine the trend equation.
c. Project the sales for 2004, and then seasonally adjust each quarter.
By using this data and incorporating seasonal effects, predict quarterly turnover for 2010.
The starting salaries of individuals with an MBA degree are normally distributed with mean of $40,000 and standard deviation of $5,000. What percentage of MBA's will have starting salaries of $34,000 to $46,000?
This activity is a revision of an activity found in Real Data: A Statistics Workbook Based on Empirical Data by Z. C Holcomb (1997). Published by Pyrczak Publishing.
ABC Manufacturing has six machines that perform particular task. Breakdowns happens frequently for this machine. Past records indicate that the number of breakdowns that happen each day is described by the probability distribution seen below:
Compute mean, standard deviation, coefficient of variation and 5 key percentiles for these data.
For this assignment employ the data below which was taken from the previous online class. Find out if the data is qualitative or quantitative, continuous or discrete, and determine the level of measurement.
Find out the Expected value of the perfect information for the given problem. Given the subsiquent cost tree, illustrate what is the expected outcome.
If the lowest score you can earn and still be eligible for employment is an 84, what is the mean score for the exam? Round your answer to the nearest tenth.
Determine the sample size needed in order to be 99% confident that the sample proportion of the current customer accounts is within .03 of the true proportion of all current accounts for this company.
Events A and B are mutually exclusive events defined on common sample space. If P (A) 0.5 and P (A or B) = 0.70, determine P (B).
If a sample of 25 workers found that the average work week is 48 hours, conduct a hypothesis test to determine if there is significant evidence that the length of the average work week has increased? Use alpha=.05
Construct the following confidence intervals for your data set:
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