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Descriptive Statistics: Ages
Variable Mean StDev Minimum Q1 Median Q3 Maximum
Ages 23.56 8.97 17.00 18.25 21.00 23.75 49.00
1) Describe the shape of the data
2) What percentage of data would you expect to find within two standard deviations of the mean?
3) Between what values does at least 89% of the data fall?
4) Between what two values do the middle 50% of the data lie?
Explain various numbers of goods as output from similar amount of resources (input) in improving productivity. Management can raise productivity that is management can get vari
Southern Fresh has decided to make a policy that every product will receive enough shelf space to ensure that 98.75 percent of customers will find that their first choice is availa
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Explain how probability is used in that situation.
Systembolaget uses forecasting to predict the number of bottles they think they will sell the next day. Below are the number of bottles sold each day during the five-day work week
Which company do you know of that successfully has been able to successfully or not manage its corporate structure in relation to its strategy? Explain you're rational. Cite all yo
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