Question: A company places a seven-digit serial

> The Woolworths Group has a goal of having customers put the company first across all their brands. To achieve this the Group has identified five priorities. 1. Building a customer and store-led culture and team. 2. Generating sustainable sales momentum i

> Traditionally, government organisations have tended to operate in silos, focusing on their own objectives and managing and protecting their own budgets. Recently, however, faced with seemingly intractable economic, social and environmental problems, many

> Using figure 1.5 as an example, develop an internal value chain for an airline such as Virgin Australia. Figure 1.5: FIGURE 1.5 Sample organisational value chain for a winery Primary activities Research and development • wine varieties • production

> Australian fashion designer Sean Ashby commenced his men’s swimwear and clothing business aussieBum in 2001. A keen swimmer and surfer, he was unable to find a good pair of men’s cossies and used his life savings of $20 000 to make a series of prototypes

> Frank owns a caravan and loves to visit national parks with his family. However, the family only takes two one-week trips in the caravan each year. Frank’s wife would rather stay in motels than the caravan. She presented him with the fo

> Janet Baker is deciding where to live during her second year at university. During her first year, she lived in the university residence college. Recently, her friend Rachel asked her to share an off-campus flat for the upcoming school year. Janet likes

> Some activities add value to an organisation, while others do not. Required Determine whether each of the following activities is likely to be value-added or non-value-added, and explain your choice. (a) Inspection activities (b) Moving materials to wor

> Explain the value chain and list ways that value chain analysis benefits organisations.

> The Steelcase Workplace Index studied the types of work-related activities that Americans did while on vacation in the summer. Among other things, 40% read work-related material. Thirty-four percent checked in with the boss. Respondents to the study were

> A telephone survey conducted by the Maritz Marketing Research company found that 43% of Americans expect to save more money next year than they saved last year. Forty-five percent of those surveyed plan to reduce debt next year. Of those who expect to sa

> A few years ago, a survey commissioned by The World Almanac and Maturity News service reported that 51% of the respondents did not believe the Social Security system will be secure in 20 years. Of the respondents who were age 45 or older, 70% believed th

> In a certain city, 30% of the families have a MasterCard, 20% have an American Express card, and 25% have a Visa card. Eight percent of the families have both a MasterCard and an American Express card. Twelve percent have both a Visa card and a MasterCar

> An Adweek Media/Harris Poll revealed that 44% of U.S. adults in the 18–34 years’ category think that “Made in America” ads boost sales. A different Harris Interactive poll showed that 78% of U.S. adults in the 18–34 years’ category use social media onlin

> The U.S. Bureau of Labor Statistics publishes data on the benefits offered by small companies to their employees. Only 42% offer retirement plans while 61% offer life insurance. Suppose 33% offer both retirement plans and life insurance as benefits. If a

> Purchasing Survey asked purchasing professionals what sales traits impressed them most in a sales representative. Seventy-eight percent selected “thoroughness.” Forty percent responded “knowledge of your own product.” The purchasing professionals were al

> The following joint probability table contains a breakdown on the age and gender of U.S. physicians in a recent year, as reported by the American Medical Association. a) What is the probability that one randomly selected physician is 35â€&#14

> Use the values in the cross-tabulation table to solve the equations given. a) P(F ∩ A) = __________ b) P(A|B) = ___________ c) P(B) = _____________ d) P(E ∩ F) = __________ e) P(D|B) = ___________ f) P(B|D) = ________

> Use the values in the cross-tabulation table to solve the equations given. a) P(E) = _____________ b) P(B ∪ D) = __________ c) P(A ∩ E) = __________ d) P(B|E) = ___________ e) P(A ∪ B) = __________ f

> A list of the top 10 manufacturing companies in the United States according to Industry Week along with their total revenue in $ billions follows. Compute the median, Q3, P20, P60, P80, and P93 on these data. Company ___________ Revenue ($ billion) Exxon

> Suppose 70% of all companies are classified as small companies and the rest as large companies. Suppose further, 82% of large companies provide training to employees, but only 18% of small companies provide training. A company is randomly selected withou

> In a small town, two lawn companies fertilize lawns during the summer. Tri-State Lawn Service has 72% of the market. Thirty percent of the lawns fertilized by Tri-State could be rated as very healthy one month after service. Greenchem has the other 28% o

> Alex, Alicia, and Juan fill orders in a fast-food restaurant. Alex incorrectly fills 20% of the orders he takes. Alicia incorrectly fills 12% of the orders she takes. Juan incorrectly fills 5% of the orders he takes. Alex fills 30% of all orders, Alicia

> In a manufacturing plant, machine A produces 10% of a certain product, machine B produces 40% of this product, and machine C produces 50% of this product. Five percent of machine A products are defective, 12% of machine B products are defective, and 8% o

> In a study undertaken by Catalyst, 43% of women senior executives agreed or strongly agreed that a lack of role models was a barrier to their career development. In addition, 46% agreed or strongly agreed that gender-based stereotypes were barriers to th

> According to a survey of restaurant owners in the United States by MustHaveMenus, 77% of restaurant owners believe that they need to use social media as a marketing tool. A different survey by the National Restaurant owners revealed that 80% of restauran

> With the advent of online ordering, shipping has become more important to consumers. One survey showed that 80% of online consumers want same-day shipping. Another study showed that 24% of online consumers are shopping lovers who enjoy buying and purchas

> A national survey of small-business owners was conducted to determine the challenges for growth for their businesses. The top challenge, selected by 46% of the small-business owners, was the economy. A close second was finding qualified workers (37%). Su

> In a recent year, business failures in the United States numbered 83,384, according to Dun & Bradstreet. The construction industry accounted for 10,867 of these business failures. The South Atlantic states accounted for 8,010 of the business failures. Su

> The results of a survey asking, “Do you have a calculator and/or a computer in your home?” follow. Is the variable “calculator” independent of the variable “comput

> The following list shows the 15 largest banks in the world by assets according to Standard and Poor’s. Compute the median and the mean assets from this group. Which of these two measures do you think is most appropriate for summarizing these data and why

> Use the values in the joint probability table to solve the equations given. a) P(C|A) = __________ b) P(B|D) = __________ c) P(A|B) = __________ CD A-36-44 B.11.09

> Use the values in the cross-tabulation table to solve the equations given. a) P(G|A) = __________ b) P(B|F) = __________ c) P(C|E) = __________ d) P(E|G) = __________ EFG A 15 12 8 B11 17 19 C 21 32 27 D18 13 12

> A nationwide CareerBuilder survey was conducted regarding the job hunting experience. From the survey, it was learned that 26% of workers have had a bad experience as a job applicant. Eighty-two percent of workers expect to hear back from a company when

> A study by Becker Associates, a San Diego travel consultant, found that 30% of the traveling public said that their flight selections are influenced by perceptions of airline safety. Thirty-nine percent of the traveling public wants to know the age of th

> According to a report released by the National Center for Health Statistics, 51% of U.S. households has only cell phones (no land line). According to the FCC, nearly 70% of the U.S. households have high-speed Internet. Suppose of the U.S. households havi

> A study by Peter D. Hart Research Associates for the Nasdaq Stock Market revealed that 43% of all American adults are stockholders. In addition, the study determined that 75% of all American adult stockholders have some college education. Suppose 37% of

> The International Housewares Association (IHA) reported that 73% of all U.S. households have ceiling fans. In addition, 77% of all U.S. households have an outdoor grill. Suppose 60% of all U.S. households have both a ceiling fan and an outdoor grill. A U

> a. A batch of 50 parts contains six defects. If two parts are drawn randomly one at a time without replacement, what is the probability that both parts are defective? b. If this experiment is repeated, with replacement, what is the probability that both

> Use the values in the joint probability table to solve the equations given. a) P(E ∩ B) = __________ b) P(C ∩ F) = __________ c) P(E ∩ D) = __________ DEF A.12.13.08 B.18.09.04 C.06.24.06

> Use the values in the cross-tabulation table to solve the equations given. a) P(A ∩ E) = __________ b) P(D ∩ B) = __________ c) P(D ∩ E) = __________ d) P(A ∩ B) = __________ CD

> On a certain day, the average closing price of a group of stocks on the New York Stock Exchange (to the nearest dollar) is shown. What are the mean, the median, and the mode for these data? 21 21 21 22 23 25 28 29 33 35 38 56 61

> A survey conducted by the Northwestern University Lindquist-Endicott Report asked 320 companies about the procedures they use in hiring. Only 54% of the responding companies review the applicant’s college transcript as part of the hiring process, and onl

> According to Nielsen Media Research, approximately 86% of all U.S. households have high-definition television (HDTV). In addition, 49% of all U.S. households own digital video recorders (DVR). Suppose 40% of all U.S. households have HDTV and have DVR. A

> According to a survey conducted by the American Pet Products Association, 68% of U.S. households own a pet. According to the Energy Information Administration, 31% of all U.S. households have trouble paying their energy bills. Suppose 17% of all U.S. hou

> According to a survey conducted by Netpop Research, 65% of new-car buyers use online search engines as part of their car-buying experience. Another study reported that 11% of new-car buyers skip the test drive. Suppose 7% of new-car buyers use online sea

> Use the values in the joint probability table to solve the equations given. a) P(A ∪ F) = __________ b) P(E ∪ B) = __________ c) P(B ∪ C) = __________ d) P(E ∪ F) = __________ E

> Use the values in the cross-tabulation table to solve the equations given. a) P(A ∪ D) = __________ b) P(E ∪ B) = __________ c) P(D ∪ E) = __________ d) P(C ∪ F) = __________ DE

> Given P(A) = .10, P(B) = .12, P(C) = .21, P(A ∩ C) = .05, and P(B ∩ C) = .03 solve the following. a) P(A ∪ C) = __________ b) P(B ∪ C) = __________ c) If A and B are mutually exclusive, P(A ∪ B) = __________

> A small company has 20 employees. Six of these employees will be selected randomly to be interviewed as part of an employee satisfaction program. How many different groups of six can be selected?

> A bin contains six parts. Two of the parts are defective and four are acceptable. If three of the six parts are selected from the bin, how large is the sample space? Which counting rule did you use, and why? For this sample space, what is the probability

> Compute P20, P47, P83, Q1, Q2, and Q3 for the following data. 120 138 97 118 172 144 138 107 94 119 139 145 162 127 112 150 143 80 105 116 142 128 116 171

> A company’s customer service 800 telephone system is set up so that the caller has six options. Each of these six options leads to a menu with four options. For each of these four options, three more options are available. For each of these three options

> 1. Statistical measures used to yield information about the center or middle part of a group of numbers are called _______________. 2. The "average" is the _______________. 3. The value occurring most often in a group of numbers is called _______________

> 21. The population standard deviation for this data is _______________. 22. In estimating what proportion of values fall within so many standard deviations of the mean, an analyst should use _______________ if the shape of the distribution of numbers is

> 11. The range of the data is _______________. 12. The value of Q1 is _____________, Q2 is ____________, and Q3 is ____________. 13. The interquartile range is _____________. 14. The value of the 34th percentile is ________________. 15. Subtracting each v

> 1. In several countries of Africa, a common size for a Coke can is 340 milliliters (mL). Because of the variability of bottling machinery, it is likely that every 340-mL bottle of Coca-Cola does not contain exactly 340 mL of fluid. Some bottles may conta

> Compute the mean for the following numbers. 7-2590-3 -6 -7 -4 -5 2-8

> Compute the mean for the following numbers. 17.3 44.5 31.6 40.0 52.8 38.8 30.1 78.5

> Determine the median for the following numbers. 213 345 609 073 167 243 444 524 199 682

> Determine the median and the mode for the following numbers. 248462784389435

> Compute the 35th percentile, the 55th percentile, Q1, Q2, and Q3 for the following data. 16 28 29 13 17 20 11 34 32 27 25 30 19 18 33

> 1. The following data represents the number of printer ribbons used annually in a company by twenty-eight departments. This is an example of ______________ data. 2. Below is a frequency distribution of ages of managers with a large retail firm. This is

> The Nielsen Company compiled a list of the top 25 advertisers in African American media. Shown below are a Minitab descriptive statistics analysis of the annual advertising spending in $ million by these companies in African American media and a box plot

> Excel was used to analyze the number of employees for the top 60 employers with headquarters around the world outside of the United States. The data were compiled by myglobalcareer.com, extracted from My Global Career 500, and analyzed using Excel’s desc

> happi.com published a list of the top 50 household and personal products companies in the United States. Topping the list was Procter & Gamble with $40.3 billion followed by Colgate-Palmolive with $13.1 billion and Estee Lauder with $11.8 billion. Th

> U.S. Bank Locations compiled a list of over 6000 banks in the United States in order of their total assets. Leading the list were JPMorgan Chase, Bank of America, and Wells Fargo Bank. Following is an Excel analysis of total assets ($ billions) for the t

> Business Travel News reported that the average per diem total for a business traveler in Paris, France, is $608. Suppose the shape of the distribution of the per diem costs of a business traveler to Paris is unknown but that 53% of the per diem figures a

> According to the U.S. Army Corps of Engineers, the top 20 U.S. ports, ranked by total tonnage (in million tons), were as follows: Port Total ___________________ Tonnage South Louisiana, LA ………………………………… 242.6 Houston, TX …….……………………………………… 212.6 New York

> According to the Bureau of Labor Statistics, the average annual salary of a worker in Detroit, Michigan, is $45,140. Suppose the median annual salary for a worker in this group is $41,369 and the mode is $39,500. Is the distribution of salaries for this

> The following are per capita GDP figures for eight eastern European countries according to the World Bank. The monetary figures are in international dollars; for comparison, the per capita GDP for the United States is 59,532 international dollars. Countr

> According to a Human Resources report, a worker in the industrial countries spends on average 419 minutes a day on the job. Suppose the standard deviation of time spent on the job is 27 minutes. a) If the distribution of time spent on the job is approxim

> The Polk Company reported that the average age of a car on U.S. roads in a recent year was 7.5 years. Suppose the distribution of ages of cars on U.S. roads is approximately bell shaped. If 99.7% of the ages are between 1 year and 14 years, what is the s

> 10. The graphical depiction that is a type of vertical bar chart and is used to depict a frequency distribution is a _______________. 11. The graphical depiction that utilizes cumulative frequencies is a _______________. 12. The graph shown below is an e

> Financial analysts like to use the standard deviation as a measure of risk for a stock. The greater the deviation in a stock price over time, the more risky it is to invest in the stock. However, the average prices of some stocks are considerably higher

> The U.S. Department of the Interior releases figures on mineral production. Following are the 15 leading states in nonfuel mineral production in the United States for 2016. State ________________ Value ($ billions) Nevada ……………………………………………. 7.65 Arizona

> Shown here are the top 12 biggest oil and gas companies in the world according to Forbes. Use these as population data and answer the questions that follow. Company ____________ Production Volume (million barrels per day) Saudi Aramco (Saudi Arabia) …………

> Shown below are the top 10 contractors of the U.S. federal government by dollars according to the U.S. General Services Administration. Use this population data to compute a mean and a standard deviation for these data. Company _____________ Amount of Co

> Shown below are the top 15 market research firms in the United States in 2018 according to the AMA Gold Top 50 Report. Compute the mean, median, P30, P60, P90, Q1, Q3, range, and the interquartile range on these data. Company ________________ Sales ($ mi

> The 2010 U.S. Census also asked for each person’s age. Suppose that a sample of 40 households taken from the census data showed the age of the first person recorded on the census form to be as follows. Compute P10, P80, Q1, Q3, the int

> The 2010 U.S. Census asked every household to report information on each person living there. Suppose for a sample of 30 households selected, the number of persons living in each was reported as follows. Compute the mean, median, mode, range, lower and

> Suppose a market research firm enlisted 800 families in one U.S. city to participate in a study of expenditures for the December holiday season. Each family kept a log of spending for this holiday season, submitted their log to the market research firm,

> Use a business analytics approach to analyze the following data using descriptive statistics. Write a half-page report of your findings such that it might aid business people in making decisions from information gleaned from these data. 52 68 54 64 6

> Suppose a consumer group asked 18 consumers to keep a yearly log of their shopping practices and that the following data represent the number of coupons used by each consumer over the yearly period. Use the data to construct a box-and-whisker plot. List

> 23. The volume of wheat in each silo in Nebraska in August. 24. A rating scale of the productivity of each worker which has as its adjectives: very poor, poor, average, good, outstanding. 25. A person's religious preference. 26. Weights of statistics' t

> Construct a box-and-whisker plot on the following data. Do the data contain any outliers? Is the distribution of data skewed? 540 690 503 558 490 609 379 601 559 495 562 580 510 623 477 574 588 497 527 570 495 590 602 541

> A local hotel offers ballroom dancing on Friday nights. A researcher observes the customers and estimates their ages. Discuss the skewness of the distribution of ages if the mean age is 51, the median age is 54, and the modal age is 59?

> On a certain day the average closing price of a group of stocks on the New York Stock Exchange is $35 (to the nearest dollar). If the median value is $33 and the mode is $21, is the distribution of these stock prices skewed? If so, how?

> Shown below are the maximum per diem rates for 11 international cities provided by the U.S. Department of State. The per diem rates include hotel, car, and food expenses. Use this list to calculate the z scores for Lagos, Riyadh, and Bangkok. Treat the l

> Environmentalists are concerned about emissions of sulfur dioxide into the air. The average number of days per year in which sulfur dioxide levels exceed 150 milligrams per cubic meter in Milan, Italy, is 29. The number of days per year in which emission

> The time needed to assemble a particular piece of furniture with experience is normally distributed with a mean time of 43 minutes. If 68% of the assembly times are between 40 and 46 minutes, what is the value of the standard deviation? Suppose 99.7% of

> According to Chebyshev’s theorem, how many standard deviations from the mean would include at least 88% of the values?

> Some numbers are not normally distributed. If the mean of the numbers is 38 and the standard deviation is 6, what proportion of values would fall between 26 and 50? What proportion of values would fall between 14 and 62? Between what two values would 89%

> A distribution of numbers is approximately bell shaped. If the mean of the numbers is 125 and the standard deviation is 12, between what two numbers would approximately 68% of the values fall? Between what two numbers would 95% of the values fall? Betwee

> Shown below are the top nine leading retailers in the United States in a recent year according to Kantar Consulting Company Revenues _________________ ($ billions) Walmart ………………………………………………………… 374.80 The Kroger ………………………………………………… Co. 115.89 Amazon ………

> 12. Recorded measurements are ________________. 13. The highest level of data measurement is _______________. 14. The level of data measurement used when ranking items is _______________. 15. If a number represents the geographic location of a business,

> A sample of 12 small accounting firms reveals the following numbers of professionals per office. a) Determine the variance. b) Determine the standard deviation. c) Determine the interquartile range. d) What is the z score for the firm that has six profe

> Compare the variability of the following two sets of data by using both the population standard deviation and the population coefficient of variation. Data Set 1 ___________ Data Set 2 49 …………………………………. 159 82 …………………………………. 121 77 …………………………………. 138 54…

> According to Chebyshev’s theorem, at least what proportion of the data will be within μ ± kσ for each value of k? a) k = 2 b) k = 2.5 c) k = 1.6 d) k = 3.2

> The following sample data represent the time (in minutes) required by business executives to complete an expense report. Determine the interquartile range on these data and comment on what it means. 44 18 39 40 59 46 59 37 15 73 23 19 90 58 35 82 14

> Use your calculator or computer to find the population variance and population standard deviation for the following data. 123 090 546 378 392 280 179 601 572 953 749 075 303 468 531 646