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Jomo Kenyatta University Business Analyst Statistics Question

Assignment Details
You are a Business Analyst working for the ABC Ball Bearing company. An hour ago, you sent an order of ...

Jomo Kenyatta University Business Analyst Statistics Question

Assignment Details
You are a Business Analyst working for the ABC Ball Bearing company. An hour ago, you sent an order of 74 boxes of your A1 ball bearings to a customer on your delivery truck. You have just found out that your truck is going to go over a bridge that has a weight limit of 11,500 lbs. You need to determine if your truck will safely make it over the bridge. If you determine that the truck cannot make it over the bridge, you will need to call the driver and have him/her turn back.
The plant manager has told you that an empty delivery truck with the driver weights about 8500 lbs.
You have 30 boxes of the A1 ball bearings in your plant. You immediately had them weighed. The weights of the boxes are:
40.1
41.1 39.5 40.1 39.1
41.2 37.6 39.1 41.6 40.8
43.2 38.9 38.1 43.5 36.9
39.1 40.5 41.2 37.6 44.0
38.0 39.8 42.1 38.6 41.3
43.7 36.9 43.6 38.1 40.2
Calculate the Mean and the Standard Deviation of this sample.
Using the normal distribution curve, calculate the probability the truck’s total weight is under 11,500 lbs. What is your decision? Will you allow the truck to continue or will you call the driver and tell him/her to turn back? Show all of your calculations.
Discuss several types of sampling: e. convenience sampling, random sampling, stratified sampling, systematic sampling or cluster sampling. Discuss which type of sampling is used in this scenario.
Discuss what sampling bias is. Do you believe that using the 30 boxes in your warehouse caused sampling bias?
What does the central limit theorem state and why is it important to solving this problem. Is the thirty boxes of ball bearings enough to predict the probability of safely going over the bridge?
Use the template provided to complete a 5-page report (excluding the cover page). NOTE: Please delete all instructions and examples before submitting your work.
Use this template to complete your assignment.

Question that we talked about.

Mary is planning a study to see if learning of 6th graders on a math
lesson is affected by background noise level. ...

Question that we talked about.

Mary is planning a study to see if learning of 6th graders on a math
lesson is affected by background noise level. She wants to use a t-test
for independent groups to analyze her results. Help her plan her study.
What is her independent variable (IV) here? Describe two conditions she
could create for the IV in her study. What is her dependent variable
(DV) here? Describe a way to measure the DV so that each participant
would have one score at the end. Would this DV measure be on a
continuous scale of measurement? Why is this important? Explain and
justify.250 Words plus reference

5 pages

20180303172745number Theory

Complete the following problems. Be sure to show all work. 1) Find the indicated term of the arithmetic sequence with the ...

20180303172745number Theory

Complete the following problems. Be sure to show all work. 1) Find the indicated term of the arithmetic sequence with the first term a1

True or false math questions

True or FalseTrue or false. When simple interest is used, the accumulated amount is a linear function of time.True or fals ...

True or false math questions

True or FalseTrue or false. When simple interest is used, the accumulated amount is a linear function of time.True or false. Compound interest that is converted once a year is the same as simple interest.True or false. If interest is compounded annually, then the effective rate of interest is the same as the nominal rate of interest.True or false. The present value is always smaller than the future value.True or false. The future value of an annuity can be found by adding together all the payments that are paid into an account.True or false. The periodic payment R where and P is the loan amount and i is the interest per period that will amortize the loan at the end of the term comprising n periods.True or false. A sinking fund is the accumulated amount to be realized at some future date (the end of the term) when a fixed number of periodic payments are paid into an account earning interest at the rate of i per period.

2. Do the statistics suggest to you that returns for those risk factors come from the same distribution over the entire period? 3. Make a plot showing the growth of $1 in each of the three “risk factors (portfolios)” over the full sample. (Recall, this

Requirements are all in the following file--Experiential Learning.

2. Do the statistics suggest to you that returns for those risk factors come from the same distribution over the entire period? 3. Make a plot showing the growth of $1 in each of the three “risk factors (portfolios)” over the full sample. (Recall, this

Requirements are all in the following file--Experiential Learning.

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Most Popular Content

Jomo Kenyatta University Business Analyst Statistics Question

Assignment Details
You are a Business Analyst working for the ABC Ball Bearing company. An hour ago, you sent an order of ...

Jomo Kenyatta University Business Analyst Statistics Question

Assignment Details
You are a Business Analyst working for the ABC Ball Bearing company. An hour ago, you sent an order of 74 boxes of your A1 ball bearings to a customer on your delivery truck. You have just found out that your truck is going to go over a bridge that has a weight limit of 11,500 lbs. You need to determine if your truck will safely make it over the bridge. If you determine that the truck cannot make it over the bridge, you will need to call the driver and have him/her turn back.
The plant manager has told you that an empty delivery truck with the driver weights about 8500 lbs.
You have 30 boxes of the A1 ball bearings in your plant. You immediately had them weighed. The weights of the boxes are:
40.1
41.1 39.5 40.1 39.1
41.2 37.6 39.1 41.6 40.8
43.2 38.9 38.1 43.5 36.9
39.1 40.5 41.2 37.6 44.0
38.0 39.8 42.1 38.6 41.3
43.7 36.9 43.6 38.1 40.2
Calculate the Mean and the Standard Deviation of this sample.
Using the normal distribution curve, calculate the probability the truck’s total weight is under 11,500 lbs. What is your decision? Will you allow the truck to continue or will you call the driver and tell him/her to turn back? Show all of your calculations.
Discuss several types of sampling: e. convenience sampling, random sampling, stratified sampling, systematic sampling or cluster sampling. Discuss which type of sampling is used in this scenario.
Discuss what sampling bias is. Do you believe that using the 30 boxes in your warehouse caused sampling bias?
What does the central limit theorem state and why is it important to solving this problem. Is the thirty boxes of ball bearings enough to predict the probability of safely going over the bridge?
Use the template provided to complete a 5-page report (excluding the cover page). NOTE: Please delete all instructions and examples before submitting your work.
Use this template to complete your assignment.

Question that we talked about.

Mary is planning a study to see if learning of 6th graders on a math
lesson is affected by background noise level. ...

Question that we talked about.

Mary is planning a study to see if learning of 6th graders on a math
lesson is affected by background noise level. She wants to use a t-test
for independent groups to analyze her results. Help her plan her study.
What is her independent variable (IV) here? Describe two conditions she
could create for the IV in her study. What is her dependent variable
(DV) here? Describe a way to measure the DV so that each participant
would have one score at the end. Would this DV measure be on a
continuous scale of measurement? Why is this important? Explain and
justify.250 Words plus reference

5 pages

20180303172745number Theory

Complete the following problems. Be sure to show all work. 1) Find the indicated term of the arithmetic sequence with the ...

20180303172745number Theory

Complete the following problems. Be sure to show all work. 1) Find the indicated term of the arithmetic sequence with the first term a1

True or false math questions

True or FalseTrue or false. When simple interest is used, the accumulated amount is a linear function of time.True or fals ...

True or false math questions

True or FalseTrue or false. When simple interest is used, the accumulated amount is a linear function of time.True or false. Compound interest that is converted once a year is the same as simple interest.True or false. If interest is compounded annually, then the effective rate of interest is the same as the nominal rate of interest.True or false. The present value is always smaller than the future value.True or false. The future value of an annuity can be found by adding together all the payments that are paid into an account.True or false. The periodic payment R where and P is the loan amount and i is the interest per period that will amortize the loan at the end of the term comprising n periods.True or false. A sinking fund is the accumulated amount to be realized at some future date (the end of the term) when a fixed number of periodic payments are paid into an account earning interest at the rate of i per period.

Requirements are all in the following file--Experiential Learning.

Requirements are all in the following file--Experiential Learning.

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