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aaafgdfgf aaafgdfgf
wrote...
Posts: 362
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6 years ago
Using Solver, the minimum value of the objective function is ________.
 
  A) 1,260 units
  B) 1,718 units
  C) 1,430 units
  D) 1,000 units

Q. 2

Employees at a large computer company earn sick leave in one-minute increments depending on how many hours per month they work. They can then use the sick leave time any time throughout the year.
 
  Any unused time goes into a sick bank account that they or other employees can use in the case of emergencies. The human resources department has determined that the amount of unused sick time for individual employees is uniformly distributed between 0 and 480 minutes. The company has decided to give a cash payment to any employee that returns over 400 minutes of sick leave at the end of the year. What percentage of employees could expect a cash payment?A) 16.67 percent
  B) 0.1667 percent
  C) Just over 43 percent
  D) 80 percent

Q. 3

What are the advantages and disadvantages of open-end questions in either a written survey or a personal interview?
 
  What will be an ideal response?

Q. 4

A seasonal effect in a time series is relatively long-term effect compared to a cyclical effect.
 
  Indicate whether the statement is true or false

Q. 5

What does it mean for two events to be independent?
 
  What will be an ideal response?
Textbook 
Statistics, Data Analysis, and Decision Modeling

Statistics, Data Analysis, and Decision Modeling


Edition: 5th
Author:
Read 45 times
2 Replies

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Replies
wrote...
6 years ago
Ans. #1

B

Ans. #2

A

Ans. #3

Open-end questions allow the respondent to provide a broad range of input and not be restricted to a defined set of response options. This is an advantage since it is possible to tap into the true feelings of the respondent and to obtain responses that might not have been anticipated when the survey was developed. The disadvantage is that analysis of the responses to open-end questions is difficult. The analyst must somehow code the potentially broad range of responses into categories. This takes time and often requires interpretation that might interject bias into the analysis.

Ans. #4

FALSE

Ans. #5

Two events are independent if P(AB) = P(A). In other words, two events are independent if the probability of one event is not dependent or related to the probability of the other event.
aaafgdfgf Author
wrote...
6 years ago
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