For Unit 3 L.O. 3
You are asked to compute the Normal Approximation to the Binomial to Approximate a probability.
Use
np and X np(1 p) for binomial probability distribution.
I tried to create a video to help with this type of problem.
https:/youtu.be/Wzv
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A study was given to six units regarding nurses taking a nap while working on the night
shift. On the on successful unit 153 30 minute naps were taken while the study was performed.
Nurses were showing high levels of sleepiness before the naps. More than
Module Ten, Scenario Analysis: Printing Equipment
By
Carlos Uribe
Southern New Hampshire University
QSO-500
Quantitative Analysis for Decision Making
The owner of the small printing company has a few alternatives she can consider for the
acquisition of th
Module Nine, Final Project: Statistical Analysist Report
By
Carlos Uribe
Southern New Hampshire University
QSO-500
Quantitative Analysis for Decision Making
Introduction
A-Cat Corp, a transformer manufacturer, consistently struggles with inventory
managem
A control chart is a graph used to study the change of a variable over time. The chart is multifaceted. Not only does it trend or plot outputs in chronological order, but it shows the average of
those outputs, as well as the range of the outputs with uppe
Module Four Worksheet
Every data collection and analysis method has limitations. For this worksheet activity, using the
Reference article from the provided list for your final project article, identify all elements of the article
that you have studied in
A-CATs is a medium size company in Gondi a India. Their main production product is a
voltage regulator in the 500 Kilovolt amps range. This device is required due to the inability of
the Indian government to provide stable power to its own country[Whi15].
Some observations on Milestone 2
Posted on: Thursday, May 25, 2017 1:06:00 PM EDT
Sorry for the announcement bombardment but I really wanted to get a few areas ironed out from
observations made when grading.
1) p-values are ALWAYS between 0 and 1. Someti
Running Head: Innosmart Statistic Analysis
QSO 510 Quantitative Analysis
Southern New Hampshire University
.
QSO-510-G1070 Quantitative Analysis 16TW1
January 7th, 2017
2
Salaries Determinants at Rivers Company
Introduction
High-tech is a noble institutio
For the exclusive use of M. Riddell, 2017.
W13377
A-CAT CORP.: FORECASTING
Jitendra Sharma wrote this case solely to provide material for class discussion. The author does not intend to illustrate either
effective or ineffective handling of a managerial s
Both z- and t-distributions help establish confidence intervals for the mean. Both assume a normal
distribution of the sample mean. The major difference between z and t distributions and intervals, though, has to do
with sample size. If the sample size is
A manufacturer of computer chips has a computer hardware company as its largest
customer. The computer hardware company requires all of its chips to meet
specifications of 1.2 cm. The vice-president of manufacturing, concerned about a
possible loss of sal
As a financial advisor, I would recommend Stock B. I took the opportunity to research and learn
about the Sharpe Ratio[Opd07]. The Sharpe Ratio gives the concept that riskier investments
should give investors better compensation of the said investment [Op
ANOVA is a hypothesis testing technique used to compare the equality of means for two or
more groups; for example, it can be used to test that the mean number of computer chips
produced by a company on each of the day, evening, and night shifts is the sam
presents a sample of the number of defective flash drives produced by a small manufacturing
company over the last 30 weeks. Use Excels Analysis ToolPak (or any statistical package that
you are comfortable with) to compute the regression equation for predi
I do feel the ANOVA is usefully. An example is our A-Cat study. The Transformers and Refrigerators seem
to be counted correclty. So I can run the ANOVA since there are there are no large outliers in the
number groups. So ANOVA can be usful. I do feel ther
A finance manager employed by an automobile dealership believes that the number of cars sold
in his local market can be predicted by the interest rate charged for a loan.
Interest Rate (%) Number of Cars Sold (100s)
3
10
5
7
6
5
8
2
The finance manager pe
As a general rule the t-distribution is used when your population deviation is not known and your
sample size is under 30 units. This method is not a preferred method due the small sample size.
[Sha171]
The example I would use is the amount of power I am
slope (b)
y-intercept (a)
variable (x)
regression equation
0.047386
6.298851
31 weeks
a + bx 7.767816 predicted # of defective flash drives in week 31
r
0.303005
r2
0.091812
x
y
Week # of Flash drives
1
2
3
4
Number of Defective Flashdrives for 30 Wee
xy
HR processes many data that yields many inter-related metrics. An example, of data processed by HR is
annual salary rates which can be used to determine pay scale competitiveness. In order to understand
this, annual salaries for similar positions, roles,
Z and T confidence intervals each provide a range, i.e. low and high values in which a
random occurrence can be found. The formula to calculate each is the same. The only
difference between the formulae is the Z score is used in calculating a Z confidence
Normal distribution or bell curve has a distribution of occurrences that is typically spread
symmetrically. The area under the curve equals 1.0 or 100%, representing the probabilities. One
way to calculate the probability of an event occurring is by obtai
Module Seven, Milestone Two: Statistical Analysist Report
By
Carlos Uribe
Southern New Hampshire University
QSO-500
Quantitative Analysis for Decision Making
Introduction
A-Cat Corp, a transformer manufacturer, consistently struggles with inventory
manage
ANOVA or analysis of variance is a statistical method used to compare differences in
population means of two or more groups, samples, experiments, etc. This technique compares
two types of variances. Each group, sample, experiment, etc. is compared to its
Module Four, Scenario Analysis: Cars Sold
By
xxx
Southern New Hampshire University
QSO-500
Quantitative Analysis for Decision Making
There are various factors the finance manager should consider when predicting future car
sales. Car loan interest rates ar
Module Six, Scenario Analysis: Vacation Time
By
xxx
Southern New Hampshire University
QSO-500
Quantitative Analysis for Decision Making
The vice-president of administration is concerned about employee burnout and wonders
if employees are taking sufficient