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Q1.(i) The logistics department of a large firm employs three "estimators" whose job it is to decide the likely cost of delivering their products to their customers. This enables them to negotiate with Third Party Logistics (3PL) providers for an acceptable price. In order to check if there is any serious discrepancy between the methods used by the three they were each asked to produce estimates for the same four jobs. The results (in hundreds of pounds) are shown in the table below:
(a) Does the data suggest any discrepancy between the estimators?
(b) Is it possible to identify any interaction between estimators and jobs? Explain your answer.
(ii) Two computer operating systems were compared to test the disc access response times. The results (in milliseconds) are shown below:
Does it seem that there is a significant difference between the two operating systems?
Preamble For the assignment you have been given brief background details of a research project and you are required to produce a portfolio of short reports. Portfolios are to b
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find the variance of least square estimator beta hat for general linear regression model when k=2 in matrix form?
Suppose the entire cola industry produces only two colas viz., Pepsi and Coke. Given that a person last purchased Pepsi, there is 90% that his next purchase will be Pepsi. Given
following the hight of studen 155,153,168,160,162,166,167,180,257,165,
At the end of their first year of teaching, 11 teachers were jointly ranked by two school administrators to reflect their relative degree of teaching competence. Unknown to the adm
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(A) Find the binomial probability P(x = 5), where n = 15 and p = 0.50. (B) Set up, without solving, the binomial probability P(x is at most 5) using probability notation. (C) H
1) Define and explain the following: i) Ordering cost ii) Safety stock iii) Re-order point 2) Profit Volume Chart. 3) Discuss the various techniques of financial statement analysis
Rocco works for an international arms dealer who has just publicly listed. What with the world being how it is these days, there's money to be made on more than just selling the to
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