Description
A company is planning to make a new kind of smart phone. The cost to produce x smartphones is C(x) = 18x+85,000. Meanwhile the revenue earned by selling x smart phones is given by R(x) = 23x. If R<C, then the company loses money. At what level of production does this happen?
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23x < 18x+85000
5x<85000
x < 17000
if the company sell less than 17000 smart phone, it loses money.
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20170801123152statistics Week 4 Worksheets 1
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20170801123152statistics Week 4 Worksheets 1
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Purdue University Pennies for Your Thoughts Worksheet
Topic: Pennies for Your ThoughtsIn many of the problems from last unit, you were given information about the population. F ...
Purdue University Pennies for Your Thoughts Worksheet
Topic: Pennies for Your ThoughtsIn many of the problems from last unit, you were given information about the population. For many of the variables, you assumed the variable had a normal distribution. What if the variables you are studying are not normally distributed? Here is your challenge – if the population is not normal, can you make any inferences about that population from your random samples?As a class last unit, you have created a population of the ages of pennies. Your instructor will share this Penny Population document with you as an Excel file, that will include the histogram, mean, and standard deviation of this population of penny ages. Your instructor will also share a link to the Sampling Form to be used in step 5. See Example and DB starter video in Unit 5 LiveBinder.Main Post:1) Describe the distribution shape of the population of penny ages (i.e., left skewed, symmetric, right skewed).2) On your copy of the Penny Population document, randomly select 5 penny ages from this population. Calculate the mean of this Nickel Sample (sample size n = 5). How does this compare to the population mean?3) On your copy of the Penny Population document, randomly select 10 penny ages from this population. Calculate the mean of this Dime Sample (sample size n = 10). How does this compare to the population mean?4) On your copy of the Penny Population document, randomly select 25 penny ages from this population. Calculate the mean of this Quarter Sample (sample size n = 25). How does this compare to the population mean?5) Enter your Nickel Sample mean, Dime Sample mean, and Quarter Sample mean in the Sampling Form sent by your instructor. It will generate a histogram of the class means for each sample (Nickel Samples, Dime Samples, and Quarter Samples).6) Copy and paste the class histograms as they look so far for others to review in the discussion.
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MTH 410 International Tractor Motors Research Paper
International Tractor Motors (ITM) had recently undertaken an ad campaign aimed at agricultural owners in a certain countr ...
MTH 410 International Tractor Motors Research Paper
International Tractor Motors (ITM) had recently undertaken an ad campaign aimed at agricultural owners in a certain country in Asia. The ad campaign was devoted to promoting the new IT-8 large specialty tractor. Four sales associates were assigned to sell in different medium to large farms throughout the country for many days. One associate was assigned to the northern part of the country. Another was assigned to the southern part. The other two were assigned to the west and east, respectively. Because of regulations, a sales associate can sell at most one IT-8 tractor per day and only one such tractor per farm, too. A sales associate was successful if he/she sold a tractor during the day. Thus, ITM can sell at most 4 tractors (4 total sales) per day in this country.Download the file titled Tractor Successes. It contains a scatter plot of the number of successes versus frequency. To compare the results to the Binomial Distribution, complete the following:Explain why this tractor sales scenario can be a binomial experiment.Using the Tractor Successes scatter plot, construct a frequency distribution for the number of successes.Compute the mean number of successes. The formula for the mean is as follows: ∑(x⋅f)∑fThe terms x represent the total number of successes (0, 1, 2, 3, 4) and f is the corresponding frequency (number of days where x successes occurred).Explain what the numerical result means.From the frequency distribution, construct the corresponding relative frequency distribution.Explain why the relative frequency distribution table is a probability distribution.Then, use Excel to create a scatter plot of the probability distribution:Select the two columns of the probability distribution. Click on INSERT, and then go to the Charts area and select Scatter. Then choose the first Scatter chart (the one without lines connecting).Using the frequency distribution, what is the tractor sales success average? In part 3, note that the numerator in the formula for the mean is the total number of successes. The total number of trials is the denominator of the formula for the mean multiplied by 4. What does this average mean?The Binomial Distribution is uniquely determined by n, the number of trials, and p, the probability of “success” on each trial. Using Excel, construct the Binomial Probability Distribution for four trials, n, and probability of success, p, as the tractor sales success average in part 5. Here is an explanation of the BINOM.DIST function in Excel: https://support.office.com/en-ie/article/BINOM-DIST-function-c5ae37b6-f39c-4be2-94c2-509a1480770c?ui=en-US&rs=en-IE&ad=I (Links to an external site.)For example, In Excel=BINOM.DIST(7,15,0.7, FALSE)represents the probability of 7 successes out of 15 (n) trials. The 0.7 is the probability of success, p.Using the above value of n=4 with probability of success, p, as the tractor sales success average in part 5, what is the probability of at least two successes?Using the formula for the mean of the Binomial Distribution, what is the mean number of successes in part 6 above?In Excel, create a scatter plot for the Binomial Distribution. The instructions for creating a scatter plot are in part 4 above.Use the results above to compare the probability distribution of tractor sales successes and the Binomial Distribution. Compare the means in parts 4 and 6, too.If the probability distribution of tractor sales successes and the Binomial Distribution differ, explain why that is so.Do you think the Binomial Distribution is a good model for the tractor sales success scenario? Why or why not?How can International Tractor Motors use the Binomial Distribution to approximate tractor sales in similar countries?In what other scenarios can International Tractor Motors use the Binomial Distribution? Explain.Write a report that adheres to the formatting and APA expectations outlined on the Citing & APA Resources page (Links to an external site.) in the CSU-Global Writing Center. As with all written assignments at CSU-Global, you should have in-text citations and a reference page.Submit your Excel file in addition to your report.Requirements:The paper must be written in third person.Your paper should be four to five pages in length (counting the title page and references page) and cite and integrate at least one credible outside source. The CSU-Global Library (Links to an external site.) is a great place to find resources.Include a title page, introduction, body, conclusion, and a reference page.The introduction should describe or summarize the topic or problem. It might discuss the importance of the topic or how it affects you or society, or it might discuss or describe the unique terminology associated with the topic.The body of your paper should answer the questions posed in the problem. Explain how you approached and answered the question or solved the problem, and, for each question, show all steps involved. Be sure the Word document is in paragraph format, not numbered answers like a homework assignment.The conclusion should summarize your thoughts about what you have determined from the data and your analysis, often with a broader personal or societal perspective in mind. Nothing new should be introduced in the conclusion that was not previously discussed in the body paragraphs. Your conclusion should emanate from (be aligned with) your findings.Include any tables of data or calculations, calculated values, and/or graphs associated with this problem in the body of your assignment.Document formatting, citations, and style should conform to the CSU-Global Virtual Library CSU-Global Guide to Writing and APA: Introduction (Links to an external site.). A short summary containing guidelines for paper formatting, citations, and references is contained in the New Sample APA Paper (Links to an external site.). In addition, information in the CSU-Global Virtual Library under the Writing Center/APA Resources tab (Links to an external site.) has many helpful areas (Writing Center, Writing Tips, Template & Examples/Papers & Essays, and others).
Variables, Measurement, and SPSS, statistics homework help
To prepare for this Assignment:Review the Learning Resources as well as the SPSS resources found in this week’s Learning ...
Variables, Measurement, and SPSS, statistics homework help
To prepare for this Assignment:Review the Learning Resources as well as the SPSS resources found in this week’s Learning Resources.Review, download, and install the SPSS software on your computer using the IBM SPSS Version 23 Installation and Registration document for PC or for MAC in this week’s Learning Resources.Using the SPSS software, open the Afrobarometer dataset or the High School Longitudinal Study dataset (whichever you choose) found in this week’s Learning Resources and then choose two variables that interest you.For this Assignment:Write a 1- to 2-page summary and include the following:A description of what the each of the variables measure.A description of the unit of analysis.A description and explanation of the levels of measurement for each variable (i.e., nominal, ordinal, interval, ratio).Explain how you might conceive these variables to be used to answer a social change question. What might be the implications for social change?ResourcesFrankfort-Nachmias, C., & Leon-Guerrero, A. (2015). Social statistics for a diverse society (7th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 1, “The What and the Why of Statistics” (pp. 1–26)Wagner, W. E. (2016). Using IBM® SPSS® statistics for research methods and social science statistics (6th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 1, “Overview”Dietz, T., & Kalof, L. (2009). Introduction to social statistics: The logic of statistical reasoning. West Sussex, United Kingdom: Wiley-Blackwell.Introduction to Social Statistics: The Logic of Statistical Reasoning, 1st Edition by Dietz, T.; Kalof, L. Copyright 2009 by John Wiley & Sons - Books. Reprinted by permission of John Wiley & Sons - Books via the Copyright Clearance Center.
Chapter 1, “An Introduction to Quantitative Analysis” (pp. 1–31)Dietz, T., & Kalof, L. (2009). Introduction to social statistics: The logic of statistical reasoning. West Sussex, United Kingdom: Wiley-Blackwell.Introduction to Social Statistics: The Logic of Statistical Reasoning, 1st Edition by Dietz, T.; Kalof, L. Copyright 2009 by John Wiley & Sons - Books. Reprinted by permission of John Wiley & Sons - Books via the Copyright Clearance Center.
Chapter 2, “Some Basic Concepts” (pp. 33–63)
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20170801123152statistics Week 4 Worksheets 1
• This is not to be written as a paper. Please insert the answers to • If Excel is used please attach the work book an ...
20170801123152statistics Week 4 Worksheets 1
• This is not to be written as a paper. Please insert the answers to • If Excel is used please attach the work book and label each tab
Purdue University Pennies for Your Thoughts Worksheet
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Purdue University Pennies for Your Thoughts Worksheet
Topic: Pennies for Your ThoughtsIn many of the problems from last unit, you were given information about the population. For many of the variables, you assumed the variable had a normal distribution. What if the variables you are studying are not normally distributed? Here is your challenge – if the population is not normal, can you make any inferences about that population from your random samples?As a class last unit, you have created a population of the ages of pennies. Your instructor will share this Penny Population document with you as an Excel file, that will include the histogram, mean, and standard deviation of this population of penny ages. Your instructor will also share a link to the Sampling Form to be used in step 5. See Example and DB starter video in Unit 5 LiveBinder.Main Post:1) Describe the distribution shape of the population of penny ages (i.e., left skewed, symmetric, right skewed).2) On your copy of the Penny Population document, randomly select 5 penny ages from this population. Calculate the mean of this Nickel Sample (sample size n = 5). How does this compare to the population mean?3) On your copy of the Penny Population document, randomly select 10 penny ages from this population. Calculate the mean of this Dime Sample (sample size n = 10). How does this compare to the population mean?4) On your copy of the Penny Population document, randomly select 25 penny ages from this population. Calculate the mean of this Quarter Sample (sample size n = 25). How does this compare to the population mean?5) Enter your Nickel Sample mean, Dime Sample mean, and Quarter Sample mean in the Sampling Form sent by your instructor. It will generate a histogram of the class means for each sample (Nickel Samples, Dime Samples, and Quarter Samples).6) Copy and paste the class histograms as they look so far for others to review in the discussion.
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Answer the following questions. --LINK-- http://ogburn.org/wp-content/uploads/2016/08/Alg-I... PLEASE ANSWER IN A WORD DO ...
Lesson 15 - Permutations and Combinations, algebra homework help
Answer the following questions. --LINK-- http://ogburn.org/wp-content/uploads/2016/08/Alg-I... PLEASE ANSWER IN A WORD DOCUMENT!!I can any the max time pus the extra 7 days on ANY of my questions.
MTH 410 International Tractor Motors Research Paper
International Tractor Motors (ITM) had recently undertaken an ad campaign aimed at agricultural owners in a certain countr ...
MTH 410 International Tractor Motors Research Paper
International Tractor Motors (ITM) had recently undertaken an ad campaign aimed at agricultural owners in a certain country in Asia. The ad campaign was devoted to promoting the new IT-8 large specialty tractor. Four sales associates were assigned to sell in different medium to large farms throughout the country for many days. One associate was assigned to the northern part of the country. Another was assigned to the southern part. The other two were assigned to the west and east, respectively. Because of regulations, a sales associate can sell at most one IT-8 tractor per day and only one such tractor per farm, too. A sales associate was successful if he/she sold a tractor during the day. Thus, ITM can sell at most 4 tractors (4 total sales) per day in this country.Download the file titled Tractor Successes. It contains a scatter plot of the number of successes versus frequency. To compare the results to the Binomial Distribution, complete the following:Explain why this tractor sales scenario can be a binomial experiment.Using the Tractor Successes scatter plot, construct a frequency distribution for the number of successes.Compute the mean number of successes. The formula for the mean is as follows: ∑(x⋅f)∑fThe terms x represent the total number of successes (0, 1, 2, 3, 4) and f is the corresponding frequency (number of days where x successes occurred).Explain what the numerical result means.From the frequency distribution, construct the corresponding relative frequency distribution.Explain why the relative frequency distribution table is a probability distribution.Then, use Excel to create a scatter plot of the probability distribution:Select the two columns of the probability distribution. Click on INSERT, and then go to the Charts area and select Scatter. Then choose the first Scatter chart (the one without lines connecting).Using the frequency distribution, what is the tractor sales success average? In part 3, note that the numerator in the formula for the mean is the total number of successes. The total number of trials is the denominator of the formula for the mean multiplied by 4. What does this average mean?The Binomial Distribution is uniquely determined by n, the number of trials, and p, the probability of “success” on each trial. Using Excel, construct the Binomial Probability Distribution for four trials, n, and probability of success, p, as the tractor sales success average in part 5. Here is an explanation of the BINOM.DIST function in Excel: https://support.office.com/en-ie/article/BINOM-DIST-function-c5ae37b6-f39c-4be2-94c2-509a1480770c?ui=en-US&rs=en-IE&ad=I (Links to an external site.)For example, In Excel=BINOM.DIST(7,15,0.7, FALSE)represents the probability of 7 successes out of 15 (n) trials. The 0.7 is the probability of success, p.Using the above value of n=4 with probability of success, p, as the tractor sales success average in part 5, what is the probability of at least two successes?Using the formula for the mean of the Binomial Distribution, what is the mean number of successes in part 6 above?In Excel, create a scatter plot for the Binomial Distribution. The instructions for creating a scatter plot are in part 4 above.Use the results above to compare the probability distribution of tractor sales successes and the Binomial Distribution. Compare the means in parts 4 and 6, too.If the probability distribution of tractor sales successes and the Binomial Distribution differ, explain why that is so.Do you think the Binomial Distribution is a good model for the tractor sales success scenario? Why or why not?How can International Tractor Motors use the Binomial Distribution to approximate tractor sales in similar countries?In what other scenarios can International Tractor Motors use the Binomial Distribution? Explain.Write a report that adheres to the formatting and APA expectations outlined on the Citing & APA Resources page (Links to an external site.) in the CSU-Global Writing Center. As with all written assignments at CSU-Global, you should have in-text citations and a reference page.Submit your Excel file in addition to your report.Requirements:The paper must be written in third person.Your paper should be four to five pages in length (counting the title page and references page) and cite and integrate at least one credible outside source. The CSU-Global Library (Links to an external site.) is a great place to find resources.Include a title page, introduction, body, conclusion, and a reference page.The introduction should describe or summarize the topic or problem. It might discuss the importance of the topic or how it affects you or society, or it might discuss or describe the unique terminology associated with the topic.The body of your paper should answer the questions posed in the problem. Explain how you approached and answered the question or solved the problem, and, for each question, show all steps involved. Be sure the Word document is in paragraph format, not numbered answers like a homework assignment.The conclusion should summarize your thoughts about what you have determined from the data and your analysis, often with a broader personal or societal perspective in mind. Nothing new should be introduced in the conclusion that was not previously discussed in the body paragraphs. Your conclusion should emanate from (be aligned with) your findings.Include any tables of data or calculations, calculated values, and/or graphs associated with this problem in the body of your assignment.Document formatting, citations, and style should conform to the CSU-Global Virtual Library CSU-Global Guide to Writing and APA: Introduction (Links to an external site.). A short summary containing guidelines for paper formatting, citations, and references is contained in the New Sample APA Paper (Links to an external site.). In addition, information in the CSU-Global Virtual Library under the Writing Center/APA Resources tab (Links to an external site.) has many helpful areas (Writing Center, Writing Tips, Template & Examples/Papers & Essays, and others).
Variables, Measurement, and SPSS, statistics homework help
To prepare for this Assignment:Review the Learning Resources as well as the SPSS resources found in this week’s Learning ...
Variables, Measurement, and SPSS, statistics homework help
To prepare for this Assignment:Review the Learning Resources as well as the SPSS resources found in this week’s Learning Resources.Review, download, and install the SPSS software on your computer using the IBM SPSS Version 23 Installation and Registration document for PC or for MAC in this week’s Learning Resources.Using the SPSS software, open the Afrobarometer dataset or the High School Longitudinal Study dataset (whichever you choose) found in this week’s Learning Resources and then choose two variables that interest you.For this Assignment:Write a 1- to 2-page summary and include the following:A description of what the each of the variables measure.A description of the unit of analysis.A description and explanation of the levels of measurement for each variable (i.e., nominal, ordinal, interval, ratio).Explain how you might conceive these variables to be used to answer a social change question. What might be the implications for social change?ResourcesFrankfort-Nachmias, C., & Leon-Guerrero, A. (2015). Social statistics for a diverse society (7th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 1, “The What and the Why of Statistics” (pp. 1–26)Wagner, W. E. (2016). Using IBM® SPSS® statistics for research methods and social science statistics (6th ed.). Thousand Oaks, CA: Sage Publications.
Chapter 1, “Overview”Dietz, T., & Kalof, L. (2009). Introduction to social statistics: The logic of statistical reasoning. West Sussex, United Kingdom: Wiley-Blackwell.Introduction to Social Statistics: The Logic of Statistical Reasoning, 1st Edition by Dietz, T.; Kalof, L. Copyright 2009 by John Wiley & Sons - Books. Reprinted by permission of John Wiley & Sons - Books via the Copyright Clearance Center.
Chapter 1, “An Introduction to Quantitative Analysis” (pp. 1–31)Dietz, T., & Kalof, L. (2009). Introduction to social statistics: The logic of statistical reasoning. West Sussex, United Kingdom: Wiley-Blackwell.Introduction to Social Statistics: The Logic of Statistical Reasoning, 1st Edition by Dietz, T.; Kalof, L. Copyright 2009 by John Wiley & Sons - Books. Reprinted by permission of John Wiley & Sons - Books via the Copyright Clearance Center.
Chapter 2, “Some Basic Concepts” (pp. 33–63)
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