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1.A credit card company is interested in the average balance tht is carried by its college aged card holders. They are particularly interested in whether the average balance of the college aged cardholders is significantly different from that of the cardholders who are in their early 20s, who have an average balance of $1385. A sample of 40 college aged card holder accounts reveals an average balance of $1250 and a SD of $350.
If you were to set up a set of hypotheses for this situation, what woiuld the null and alternative be?
2. In the above mentioned question, what is your decision at alpha=0.01. Justify your answer.
3. A survey was conducted by careerbuilder.com to see what percent of managers viewed emotional intelligence as important. Their goal was to create a 95% confidence interval with a margin of error of 1.9 percentage points. How many managers should they have sampled?
4. The results from the above survey were reportedd on August 18,2011 and stated that 34% of hiring managers said they are placing greater emphasis on emotional intelligence. The article used 2662 US hiring managers in the survery. Using this information create a 95 % confidence interval for the results.
Should Adobe establish a policy for granting flexible work schedule? If yes what might that policy contain?
Select an organization. Who are the stakeholders of your selected organization? How would the stakeholders be affected by the failure of the organization to keep up with new techno
Gantt Load Chart The Gantt charts were developed by Henry L. Gantt about a century ago. Their purpose is to provided an immediate comparison between schedule an reality ( i,
Consider this statement: "To make effective decisions, managers must use basic cost and revenue relationships." What are cost and revenue relationships? Describe them in detail.
Organizing Process Flows Five types of process are distinguished. They are Project Production System Job Shop Production system Batch Production system
Instead of a separate performance appraisal system, Nucor judges performance based on bottom line of quality, productivity, and profitability. What are the disadvantages of Nucor's
Illustrate how to effectively and efficiently report on the schedule of a project to the different stakeholder groups. Show calculations and provide rationale for each strategy.
The Central Evaluation Unit Task 1: Analyse and evaluate the processing of new applications at the CEUPU: • Create a process map for new applications • Calculate the cycle time for
Neda operates a small convenience store in a southern town that has a high tourist draw. After several years of operating the store, Neda has decided to no longer sell tobacco prod
Describe the U.S. role in the world economy
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