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Bergen County's Department of Tourism and Recreation collects data on the number of visitor cars with NY license plates in one of its parks. (The group's position is that more out-of-state plates mean the advertising programs are working, that is, they meet quality expectations). The sample size is fixed at n=30 each day. Data from the previous 10 days indicate the following number of NY license plates:
Day 1 2 3 4 5 6 7 8 9 10Number 5 7 8 3 6 9 4 5 10 3
1. What type of Statistical process Control Charts is appropriate in this case?
2. What is the expected value of the variable of interest in this situation?
3. What are the 99.73% UCL and LCL for these data?
4. If a new sample of 15 cars is taken in day 7 and 8 cars are "out of state", what can you conclude from this information?
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Knowledge and change management are major challenges to most organizations. Individual and organizational learning are very different concepts though they are reliant on each other
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Illustrate what is the average VLC in a target market segment if the average purchase price is $75 per visit, the frequency of purchase is 6 times per yr.
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Assume that you are about to deposit $1,000 in a passbook savings account that pays an annual interest of 4 percent.
Calculate the process capability index and advise if the process is at an acceptable level for an existing process defend your answer
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Illustrate what recommendations can you offer Dick Enrico to improve his chances of staying successful for the rest of his career.
Modern Clothing, Inc., and National Denim Corporation use the mark "Made by Members of the U.S. Textile Workers Union" on the tags of their products to indicate the participation of the union in the manufacture. Modern and National are not in busi..
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