MGMT 604: Quantitative Methods
Spring 2013
Random Variables
Random Variables
1. Random variable. What is a random variable? A friend of the author buys one lottery
ticket every week in 1 year. Over the 52 weeks, she counts the number of times that she
won
Situation Analysis
XBOX ONE Situation Analysis
Raquel, Jonah, Okana, Sandra & Randall
Marketing 684
October 6, 2013
Heath Anderson
Situation Analysis
2
XBOX ONE Situation Analysis
In this analysis we will discuss an overview of the XBOX ONE, its primary c
MGMT 604: Quantitative Methods
4-5: Multiplication Rule Complements and Conditional Probability
5-2: Preview - Random Variables
4-5 Basic Skills and Concepts
1. Interpreting at least one. You want to find the probability of getting at least 1 defect
wh
Quantitative Methods
MGMT 604
Chapter 1: Problems
Basic Skills and Concepts
(p. 34)
1) What is the difference between a random sample and a simple random sample?
In a random sample, every individual member has an equal chance of being selected;
while in a
Quantitative Methods
Chapter 4 Preview
4-3: Addition Rule
4-3 Basic Skills and Concepts
1. Disjoint Events. A single trial of some procedure is conducted and the resulting
events are analyzed. In your own words, describe what it means for two events in
MGMT604:QuantitativeMethods
Professor: Dr. Margot Geagon
Statistical Formulas
D escriptive Statistics:
X=
X
n
X=
(X - )2
=
n
2
fX
n
2
s=
(X - X )2
n-1
s = s2
= 2
Normal Probability:
z=
X -
X = + z
Statistical Inference:
X=
x
X -
X
t=
z=
P-P
n
X=
X -
z
Sample Assignment and Answer Following Case Analysis Method
A. Duty to Business Invitees
Flora Gonzalez visited a Wal-Mart store. While walking in a busy aisle from the stores cafeteria
toward a refrigerator, Gonzalez stepped on some macaroni that came fr
DEFINTIONS OF LAW
1) Sir William Blackstone 1723-1780:
A rule of civil conduct prescribed by the Supreme Power
of the State, commanding what is right and prohibiting
what is wrong.
OLIVER WENDEL HOLMES (1841-1935) Eminent
American Jurist:
A set of rules t
MGMT 604: Quantitative Methods
Class Notes
Basics of Statistics
Data types tell us how we can gain meaningful insight in the data this could be achieved by
computing mean or by building frequency table or by using other summary measures such as
mode or me
Chebyshevs Theorem
The Empirical Rule (all data will fall within 3 standard deviations of the mean [68%; 95%;
99.7%]) can be used only in the bell-shaped distribution. If the distribution is not bell-shaped,
then we can use Chebyshevs Theorem.
For any nor
BACKGROUND TO THE LAW OF NEGLIGENCE.
As you folks know by now, our Common Law as we practice it today, came down
from Britain, our former Colonial Masters. Negligence, which is part of Tort Law
was handed down along with Contract, Equity, Sales, Evidence,
Sample Assignment and Answer Following Case Analysis Method
A. Duty to Business Invitees
Flora Gonzalez visited a Wal-Mart store. While walking in a busy aisle from the stores cafeteria
toward a refrigerator, Gonzalez stepped on some macaroni that came fr
ANALYZING A CASE
If you are given a case problem to analyze, use the following format:
1)
Briefly summarize the facts of the case - restating the facts in a
clear and concise manner ( You must understand the facts of a
case before you can attempt to resol