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Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand.
Based on available information, lead time demand for PC jump drives averages 50 units (normally distributed), with a standard deviation of 5 drives.
Dana Duncan operates her business 300 days per year and finds that deliveries from her supplier generally take 5 working days.
Lead time for one of your fastest-moving products is 21 days. Demand during this period averages 100 units per day.
D 5 8,000 per month, S 5 $45 per order, and H 5 $2 per unit per month, a) What is the economic order quantity?
What impact does a decrease in setup time have on EOQ? When quantity discounts are offered.
Suppose that the percentage annual return you obtain when you invest a dollar in gold or the stock market is dependent on the general state of the national
Based on the previous information, which genre had greater variability in total gross income?
Chose one (1) example of how healthcare data is incorporated into statistics and research. Next, hypothesize two (2) ways that today's healthcare informatics
Summarize the data relating to pain by treatment.Calculate the risk difference. Formally test whether the proportion of patients
Analyze the major short run and long cost functions for the low-calorie, frozen microwaveable food company given the cost functions below.
Determine how many times each risk or incident can happen in a year for each asset in your opinion.Calculate the annual year loss expectation
What is the name of the dataset?What does each observation (row) in the dataset represent?
Calculate the total payments over the life of the loan. Show all work.Using the appropriate formula from our Module #2 material,
Given a real-life application, develop a hypothesis test for a population parameter and its interpretation.
Identify the R-squared value for this data set, along with the R-value. Explain what each means.
In your initial post, describe a situation when you compared two samples. For example, you may have said that you are pretty sure that it rains
In your initial post, describe a situation when you stated a correlation. For example, you may have said that higher gas mileage performance
Formulate and evaluate hypothesis tests for population parameters based on sample statistics using both Critical Regions and P-Values
Find the value of the linear correlation coefficient r and the critical value of rusing α = 0.05. Include an explanation on how you found those values.
Brief overview of the scenario and variables in the data set.Discussion, calculation, and interpretation of the mean, median, mode, range,
Provide one (1) real-life example or application of a binomial distribution. Explain how the example matches the conditions for the binomial distribution.
Explain the logic behind of your model, inclusion of variables, statistical method used..etc.
Calls arrive at Lynn Ann Fish’s hotel switchboard at a rate of 2 per minute. The average time to handle each is 20 seconds
You will assess the use of various support decision tools and explain why outliers are sometimes called influential observations