Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Instructions for the Case Report:

1. Download the data (go to Course Content, Learning Modules, Week 4)

2. You can download StatTools (add-in for Excel) to perform some of the functions in Excel (But this is not required). The use of StatTools is optional. But certain functions are easier to perform with StatTools.

Go to http://www.cengagebrain.com/cgi-wadsworth/course_products_wp.pl?fid=M20b&product_isbn_issn=9780840062383&token=.

Select under Book Resources: Palisade Decision Tools

Fill in the form (your name, class, email, etc); Submit

You will see a page: Download Student/Textbook Software

Click on Download Decision Tools Suite Industrial

Download it, unzip, and double-click on the extracted setup executable

Install the program and several shortcuts will be created on your desktop

Click on StatTool and it will open the excel file and automatically add-in is added to Excel

You can start using StatTool (instructions are in the book, Chapter 1-how to insert data first)

Instructions on specific tools are in the appendix to most of the Chapters.

Case Problem 1, Chapter 2

1. Create percent frequency distribution tables for key variables: type of customer, net sales, method of payment, gender, marital status and age (Follow the instructions on pages 40-41 or p.49 (use of PivotTable) )

Need a table with: Frequency, Relative Frequency, and Percent Frequency

2. Create a bar chart or a pie chart (Follow the instructions on pages 42-43)

2. Create a crosstabulation (Follow the instructions on page 69)

3. Create a scatter diagram (Follow the instructions on page 75 or page 96 (with StatTools)

Chapter 3, case study 3:

1. Provide summary statistics (mean, median, mode, standard deviation) for the variables (Follow the instructions on page 102 and page 115 or page 117) or page 161 (with StatTools). Provide graphical summary: construct histogram. (Follow the instructions on pages 54-55 or page 95 (with StatTools))

2. Summarize the frequency, total amount spent and average amount spent by day of week and by type of browser (Follow the instructions on page 49). Use PivotTable.

a) By day of the week:
Row labels (Day)
Count of Day
Sum of Amount Spent
Average of Amount Spent

b) By type of browser:
Row labels (Browser)
Count of Browser
Sum of Amount Spent
Average of Amount Spent

3. Plot scatter diagrams (Follow the instructions on page 75 or page 96). Compute the sample correlation coefficient (Follow the instructions on page 140-141 or page162 (with StatTools))

Attachment:- Assignment.rar

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91591774
  • Price:- $60

Guranteed 36 Hours Delivery, In Price:- $60

Have any Question?


Related Questions in Statistics and Probability

Basic statisticsactivity 1define the following terms1

BASIC STATISTICS Activity 1 Define the following terms: 1. Statistics 2. Descriptive Statistics 3. Inferential Statistics 4. Population 5. Sample 6. Quantitative Data 7. Discrete Variable 8. Continuous Variable 9. Qualit ...

Rand corporation has a 00 probability of a return of 06 a

Rand Corporation has a 0.0 probability of a return of 0.6, a 0.3 probability of a rate of return of 0.05, and the remaining probability of a 0.92 rate of return. What is the expected rate of return of Rand Corporation?

Toy wooden blocks are packaged in bags of 9 one bag

Toy wooden blocks are packaged in bags of 9. One bag contains 6 maple blocks and 3 birch blocks, while a second bag contains 5 maple blocks and 4 birch blocks. One block is drawn from the first bag and placed into the se ...

Calculate the cash and accounting break even point selling

Calculate the cash and accounting break even point. selling price $745, Variable cost $445 extra expense of $170,000 per on rent, $160,000 per year on utility plus additional of initial outlay of $120,000 in furniture (4 ...

Consider a binomial probability distribution with p03

Consider a binomial probability distribution with p=0.3. Complete parts a through c below. a. Determine the probability of exactly four successes when n=5 P(4)=

Assume that a firm could borrow 100 billion dollars the

Assume that a firm could borrow 100 billion dollars. The most straightforward value from the leveraged recapitalization that people would estimate is the present value of interest tax shield. Assume the cost of debt is 0 ...

1 a certain compact disc player randomly plays each of 10

1. A certain compact disc player randomly plays each of 10 songs on a CD. Once a song is played, it is not repeated until all the songs on the CD have been played. In how many different ways can the CD player play the 10 ...

151 153 152 146 148 152 15 152 15 154157 148 154 155 149

15.1 15.3 15.2 14.6 14.8 15.2 15 15.2 15 15.4 15.7 14.8 15.4 15.5 14.9 14.9 14.9 15.3 15.5 15.4 15.1 14.7 15.1 14.6 14.7 15.2 15.4 15.4 14.5 15.5 15.1 14.8 14.9 14.6 14.6 15.4 15 15.3 15.5 14.9 15.2 15.2 15 15.1 14.7 14. ...

How do i figure a cusomers expected return when borrowing

How do I figure a cusomer's expected return when borrowing money? Example, the customer wants an investment that costs $100 and considers borrowing $80 for one year at 4.6% to help pay for the investment. What is the cus ...

Doctoral assistant ships of phd students 50 have paid

Doctoral assistant ships of Ph.D students 50% have paid assistant ships. a random sample of n=200 students is chosen.. based on this sample and using the properties of the binomial distribution, what is the approximate s ...

  • 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