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Unformatted text preview: 5. Determine sample size (i.e., TDR, EPR, ARO, & Popn) 100/200 v. 50/100 100 + 100 v. 1000 + 100 100000 100000 Statistics Review Problem A local industrial company has two departments. In the larger department, about 45 sales invoices are completed each day; in the smaller department, about 15 invoices are completed each day. About 50 percent of all sales invoices completed in each department specify discounts from the company's list prices. However, the exact percentage varies from day to day. Sometimes it may be higher than 50 percent, sometimes lower. For a period of one year, and for each department, a member of the audit staff kept track of the number of days on which more than 60 percent of the sales invoices specified discounts. Which department do you think showed the greater number of such days? a.the larger department. b.the smaller department. c.about the same....
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This note was uploaded on 10/05/2011 for the course ACG 5637 taught by Professor Monikacaushoulli during the Fall '08 term at University of Florida.
- Fall '08