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Answer the following questions separately and completely.
Part 1: Describe ways in which the use of MS Excel as a tool for interpreting data can be used by a manager of an organization.
Part 2: What potential legal and ethical issues could arise if the information gained in this survey was used to create an ideal profile of characteristics that the company looked for when hiring employees?
Interpret the correlation between each set of variables.
A company auditor was interested in estimating the total number of travel vouchers that were incorrectly filed. In a SRS of size n =50 oft of the group of N = 250, were filed incorrectly.
Results from survey of 1000 respondents, point out that 545 favour the dealth penalty for capital crimes. By using a90% confidence level. Create confidence interval estimate for population proportion.
30% of college freshmen support increased military spending. If 12 college freshmen are randomly selected, find the probability that more than 5 selected students support increased military spending.
An experiment was performed to investigate lifetime of a component exposed to high heat. Three different oven types were used at either 550°F or 600°F.
An auditor reviewed 25 oral surgery insurance claims from a particular surgical office, determining that the mean out-of-pocket patient billing above the reimbursed amount was $275.66 with a standard deviation of $78.11.
Discuss the limitation of the expected value approach to assessing the risks of taking on the franchise. What other factors should be considered by Ariba Ltd?
Determine the probability that computer will fail within 12 months?
Calculate expected number of interruptions per day. Calculate standard deviation.
Test the claim that the mean age of the prison population in one city is less than 26 years. Sample data are summarized as n = 25, x = 24.4 years, and s = 9.2 years. Use a significance level of α = 0.05.
Consider in you response how the concepts of a population (and its associated parameters) and the sample (and its associated estimates) fits into the discussion.
The mean maximum oxygen uptake for elite athletes has been found to be 80 with a standard deviation of 8.1. Assume that the distribution is approximately normal.
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