Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

BASIC STATISTICAL MEASURES

1.    The following data were collected from 10 individuals:

Age

Number of past jobs

Current job status

Income

25

1

employed

30,000

34

2

unemployed

40,000

29

2

employed

40,200

38

2

unemployed

45,000

44

1

employed

52,000

49

4

unemployed

25,000

55

4

employed

80,000

23

3

unemployed

120,000

44

2

employed

120,000

44

3

unemployed

38,000

1.    Calculate the mean, median, and mode for "Age" (with SPSS).

2.    Calculate measures of dispersion for "Age" (with SPSS).

3.    Calculate Skewness and Kurtosis for "Income" (with SPSS). Is this variable skewed? If so, what kind of skew?

4.    Prepare a frequency distribution for the data of "number of past jobs." Plot it (bar chart).

5.    Given the provided income distribution (and assuming normality), what would be the z-score for someone who earns $40,000/year? $100,000/year?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92678061
  • Price:- $50

Priced at Now at $50, Verified Solution

Have any Question?


Related Questions in Operation Management

1 demonstrate the impact of operations management on the

1. Demonstrate the impact of operations management on the competiveness and productivity of an organization. 2. Construct a production strategy based on customer demand. 3. Synthesize operations and customer satisfaction ...

1 busing the organization cigna health care consider what

1. bUsing the organization Cigna health Care, consider what corporate portfolio strategy the company uses or what you imagine they use and why? What are the benefits to the selected corporate portfolio strategy compared? ...

1 discuss the 4 parts of a feasibility study what factor or

1. Discuss the 4 parts of a feasibility study. What factor or variable is the most important in forecasting market demand for a new major league baseball stadium in Indianapolis? Provide supporting evidence for your sele ...

At a border inspection station vehicles arrive at the rate

At a border inspection station, vehicles arrive at the rate of 12 per hour in a Poisson distribution. For simplicity in this problem, assume that there is only one lane and one inspector, who can inspect vehicles at the ...

A how might the three types of plans strategic operational

a. How might the three types of plans (strategic, operational, and tactical) complement one another in a company? Use examples to illustrate your answers. b. Rationality, bounded rationality and intuition are among the m ...

Apply the policy analysis model and ideas regarding

Apply the policy analysis model and ideas regarding sweatshops from the readings to a prominent recent case in Bangladesh. Briefly stated, a number of American and European firms which sell clothes have been buying them ...

Discuss the usefulness of tele health provide two examples

Discuss the usefulness of tele health. Provide two examples of monitoring a patient and the reasons that telehealth reduces the cost of care and increases patient access to care. Develop an EHR project charter and implem ...

Victoria a quality inspector for hill manufacturing is

Victoria, a Quality Inspector for Hill Manufacturing, is concerned about the quality of a batch of several thousand items that her company will be receiving next week. Hill Manufacturing manufactures dash components for ...

Discussionmdashcritical leadership competencies needed in

Discussion—Critical Leadership Competencies Needed in 2020 Consider all you have learned in the course so far and the trends that have been discussed, particularly around leaders being able to strategize and execute to r ...

1 explain formal and informal structures and decipher

1. Explain formal and informal structures and decipher between traditional and non-traditional frameworks. Describe the characteristics that set functional, divisional, and matrix structures apart. What are the advantage ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As