Application of Data Analysis for Effective Decision Making
EFFECTIVE 610

Summer 2015
Problem 10
Project Management
Data
Activity
Precedences; 1 time estimate
Immediate Predecessors (1 per column)
Time
Pred 1
Pred 2
Pred 3
A
2
B
6a
0,2
C
4a
A2
D
2a
0,2
E
4b
S=0
F
5b
G
3b
H
2e
c
d
f
Results
Activity
A
B
C
D
E
F
G
H
Early Start Early Finish
Application of Data Analysis for Effective Decision Making
EFFECTIVE 610

Summer 2015
Final Exam Review Sheet
MBA 610 (Spring 2015)
IMPORTANT: Due to rounding, the answer you compute may not
exactly match any of the options listed. Therefore, you must choose the
option which comes closest to what you have computed.
By now, you must have ma
Application of Data Analysis for Effective Decision Making
EFFECTIVE 610

Summer 2015
Independent Variable
Pizza Varieties
Population within 20 miles
Correlation Coefficient (r)
0.351718206
0.017417039
The purpose of this analysis is to determine whether the number of pizza varieties has any
strong relationship with monthly profits as we
Application of Data Analysis for Effective Decision Making
EFFECTIVE 610

Summer 2015
Crusty Do
Possibl
Liquor
Student
Competitors Competitors
Store Size
Seating
License Population within 2 Miles within 5 Miles
s = small
Y = yes
Y = yes
Number
Number
Number
M = medium
N = No
N = No
L = Large
VL = Very Large
Store
store ID
Store
1
2
3
4
5
6
Application of Data Analysis for Effective Decision Making
EFFECTIVE 610

Summer 2015
Answers to Old Quizzes in the Practice Problems Area in MBA 610
Question
1
2
3
4
5
6
7
8
9
10
Ch 1&2
C
D
B
D
D
C
A
D
A
C
Ch3
A
A
D
D
A
D
D
B
D
D
Ch4
C
C
D
C
C
A
E
D
C
C
Ch5
C
C
B
A
C
A
A
C
D
D
Ch6
D
B
D
A
C
D
C
E
B
C
Simple reg.
D
C
D
B
B
C
A
B
D
D
Foreca
Application of Data Analysis for Effective Decision Making
EFFECTIVE 610

Summer 2015
Based on a survey of 400 students in a university in which 20 percent indicated that they
were business majors. The university student newspaper reported that "20 percent of all the
students at the university are business majors." This report is an examp
Application of Data Analysis for Effective Decision Making
EFFECTIVE 610

Summer 2015
Question 1
1 out of 1 points
A distribution has a coefficient of variation of 65 percent and mean of
74. What is the value of the standard deviation?
Selected
Answer:
48.
1
Answers:
0.65
481
0
113.
8
48.1
Question 2
1 out of 1 points
A large retail compa
Application of Data Analysis for Effective Decision Making
EFFECTIVE 610

Summer 2015
Question 1
1 out of 1 points
A bar chart is most likely used to display which of the following?
Selected
Answer:
Either A nominal level variable or An ordinal level
variable
Answers:
A continuous variable
A nominal level variable
An ordinal level variabl
Application of Data Analysis for Effective Decision Making
EFFECTIVE 610

Summer 2015
ABSTRACT
The objective of this analysis is to forecast the monthly profit for twenty prospective new locations of
Crusty Dough Pizza Company. After examining the data provided, monthly profit was identified as the
dependent variable on which this analysis