2-3 Textbook Assignment: Homework Problems Assignment
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Complete the Chapter 3 textbook homework assigned by your instructor. Please check the announcements area for information on this assignment.
For additional details, please refer to the Homework Rubric document.
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3-2. The following data reflect the number of defects produced on an assembly line at the Dearfield
Electronics Company for the past 8 days.
3
5
4
0
1
3
2
3
1
0
0
8
1
0
4
3
1
2
5
3
4
2
3
0
a. Compute the mean number of defects for this population of days.
b. Compute the median number of defects produced for this population of days.
c. Determine if there is a mode number of defects and, if so, indicate the mode value.
3-6. Examine the following data:
23
24
a.
b.
c.
d.
65
17
45
12
19
106
35
23
28
19
39
39
100
70
50
20
26
18
25
44
27
31
Compute the quartiles.
Calculate the 90th percentile
Develop a box and whisker plot
Calculate the 20th and the 30th percentiles.
3-33. A random sample of 20 pledges to a public radio fundraiser revealed the following dollar
pledges:
90
125
75
100
50
85
75
60
125
100
100
50
35
75
50
150
100
90
85
80
a.
Compute the range, variance, standard deviation, and interquartile range for these sample
data.
b. Briefly explain the difference between the range and the interquartile range as a measure of
dispersion.
3-47. A population of unknown shape has a mean of 3,000 and a standard deviation of 200.
a. Find the minimum proportion of observations in the population that are in the range 2,600
to 3,400.
b. Determine the maximum proportion of the observations that are above 3,600.
c. What statement could you make concerning the proportion of observations that are smaller
than 2,400?
3-57. Pfizer, Inc., a major U.S. pharmaceutical company, is developing a new drug aimed at
reducing the pain associated with migraine headaches. Two drugs are currently under
development. One consideration in the evaluation of the medication is how long the painkilling
effects of the drugs last. A random sample of 12 tests for each drug revealed the following times
(in minutes) until the effects of the drug were neutralized. The random samples are as follows:
Drug A
Drug B
258
219
214
283
243
291
227
277
235
258
222
273
240
289
245
260
245
286
234
265
243
284
211
266
a. Calculate the mean and standard deviation for each of the two drugs.
b. Based on the sample means calculated in part a, which drug appears to be effective longer?
c. Based on the sample standard deviations calculated in part a, which drug appears to have
the greater variability in effect time?
d. Calculate the sample coefficient of variation for the two drugs. Based on the coefficient of
variation, which drug has the greater variability in its time until the effect is neutralized?
3-82. The Hillcrest Golf and Country Club manager selected a random sample of the members
and recorded the number of rounds of golf they played last season. The reason for his interest in
this data is that the club is thinking of applying a discount to members who golf more than a
specified number of rounds per year. The sample of eight people produced the following number
of rounds played:
13
a.
b.
c.
d.
e.
32
12
9
16
17
16
12
Compute the mean for these sample data.
Compute the median for these sample data.
Compute the mode for these sample data.
Calculate the variance and standard deviation for these sample data.
Note that one person in the sample played 32 rounds. What effect, if any, does this large
value have on each of the three measures of location? Discuss.
f. For these sample data, which measure of location provides the best measure of the center
of the data? Discuss.
g. Given this samples data, suppose the manager wishes to give discounts to golfers in the
top quartile. What should the minimum number of rounds played be to receive a
discount?
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The team members must come from at least three different functional areas because the new CEO wants input from a variety of stakeholders. The challenge is that under the old business model, none of the personnel working in the functional areas communicated or collaborated. In addition, the former CEO never asked for new ideas and seemed oblivious to issues the corporation was facing.The following are key ideas for you to keep in mind as you write your plan, but this isn't an outline for the plan. An outline and what you should include in your plan is defined in the Requirements section further below.The team will work together for a sustained period of time.The visible outcome of the teamwork should focus on the development of a new business model and growth strategies; however, the success of the team as an outcome is up to you and the team members.There should be a representative from each of the three functional areas to produce the model.A variety of perspectives is important.Communication and collaboration are new priorities for teamwork; these processes have not been considered as valuable in the past.Issues impacting the business model have not previously been identified by the business' leadership.Innovation previously has not been prioritized as a factor in the business model.Develop a plan for building your team that you could present to the CEO. To facilitate evaluation of this assessment, format it according to APA guidelines.RequirementsThe purpose of this assessment is to create an overview of what should be considered when developing teams. It is not intended to be an in-depth analysis. Using the scenario described above for this assessment, write a plan with the following sections. You may use the Assessment 3 Template [DOCX] to create your plan if desired.Title page.Introduction. Briefly explain the goal of your plan and the high-level approach you took in developing it.Functional Area Team Member Selections. Select and describe team members from three of these functional areas: human resources, accounting/finance, marketing/sales, information technology, and operations.Reasons for Functional Area Team Member Selections. Explain the reasons for including each functional area and team member in an organizational team in terms of the advantages offered and the type of role an individual would fill.Characteristics of Effective Team Members. Describe the characteristics (knowledge, skills, and abilities) each team member brings to the project and explain how those characteristics support a team effort and will be crucial to its success.Communicating Team Objectives. Explain how you will effectively communicate team objectives, and consider the consequences of failing to do so. Will you draft a team charter? Will you write a mission statement?Strategies for Delegating Responsibility. Explain the types of strategies you will use to delegate responsibility within the team, how the strategies take into account individual strengths, and how responsibility is delegated fairly. Will you assign tasks or ask for volunteers?Strategies for Managing Conflict. Describe strategies that will be used to avoid and resolve conflicts between members of a team, and consider the consequences of not dealing with conflict.Success Measurement, Tools, and Process. Explain how the success of the team will be measured.Conclusion. Summarize how your plan will result in an effective team that will contribute to organizational success.References page.Example assessment: You may use the Assessment 3 Exemplar [PDF] to give you an idea of what a Proficient or higher rating on the scoring guide would look like.Additional RequirementsBased on the intended audience, your plan should be well organized and written in clear, succinct language.Target 4–5 double-spaced pages of content, in addition to a title page and references page.Include 3–7 reputable resources to support your ideas.Follow APA rules for attributing sources that support your analysis and conclusions.Academic Integrity and APA FormattingAs a reminder related to using APA rules to ensure academic honesty:When using a direct quote (using exact or nearly exact wording), you must enclose the quoted wording in quotation marks, immediately followed by an in-text citation. The source must then be listed in your references page.When paraphrasing (using your own words to describe a non-original idea), the paraphrased idea must be immediately followed by an in-text citation and the source must be listed in your references page.Note: Faculty may use the Writing Feedback Tool when grading this assessment. The Writing Feedback Tool is designed to provide you with guidance and resources to develop your writing based on five core skills. You will find writing feedback in the Scoring Guide for the assessment, once your work has been evaluated.
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Describe the characteristics of effective team members.Explain how to effectively communicate team objectives to team members.Describe strategies for handling conflict between members of a team.Competency 5: Communicate in a manner that is scholarly, professional, and consistent with expectations for the field of business. Organize content so ideas flow logically with smooth transitions.Competency MapCHECK YOUR PROGRESSUse this online tool to track your performance and progress through your course.Toggle DrawerContextPerhaps you have heard the saying that there is no I in the word team. This can be especially true for business professionals who have learned that the key to successful projects is often the result of effective teamwork. Therefore, teamwork has become an important element in dynamic, successful organizations that meet or exceed their goals.SHOW LESSMore challenging is the implementation of true collaboration in the teamwork environment. 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Journal of Management and Organization, 25(2), 263–283.CommunicationToday's team may or may not be based physically onsite. Explore how to improve communication in this suggested article:Hill, N. S., & Bartol, K. M. (2018). Five ways to improve communication in virtual teams. MIT Sloan Management Review, 60(1), 1–5.DelegationLeaders must know how to delegate well in order to benefit the team's objectives. For more information on delegation, read this article:Bloom, E. (2019). Better delegation = better leadership. Nonprofit World, 33(7), 20–21.Conflict ResolutionIs conflict always negative? Learn more in this suggested article:Fowler, A., Field, E., & McMahon, J. (2019). The upside of conflict. Stanford Social Innovation Review, 17(1), 34–41.Measuring SuccessIn business, your team may consist of varying roles with differing objectives. Learn how to bring everyone together in this suggested article:Lepsinger, R. (2018). Better together: Building effective cross-functional teams. Industrial Management, 60(5), 26–30.Check Your Understanding: The Problem StatementThe following brief self-assessment will assess your ability to identify the qualities of a good problem statement:Choosing a Problem Statement.Research ResourcesYou may use resources of your choice to prepare for this assessment; however, you will need to ensure that they are appropriate, credible, and valid. The BUS-FP3007 – Developing a Business Perspective Library Guide can help direct your research. The Supplemental Resources and Research Resources, both linked from the navigation menu in your courseroom, provide additional resources to help support you.Assessment InstructionsPreparationUse the Capella library and the Internet to research the characteristics of effective teams, as well as strategies for building and leading teams. Use at 3–7 reputable resources to support your writing in this assessment.ScenarioFor this assessment, consider you are a consultant hired by an established medium-sized manufacturing corporation with 250 employees. It directly markets one unique product. The corporation is run by a new CEO and 11 other executives who have been with the organization for varying lengths of time. The new CEO has an aggressive growth objective for the corporation of 100 percent over the next five years. The current business model will not support this objective and needs to be updated.Your task is to create a team that will work together over a 9-month time frame to develop a proposal for a new business model and growth strategies. Your responsibilities include convening the team, assigning roles and responsibilities, structuring the team, monitoring activities and production, and documenting outcomes. The team members must come from at least three different functional areas because the new CEO wants input from a variety of stakeholders. The challenge is that under the old business model, none of the personnel working in the functional areas communicated or collaborated. In addition, the former CEO never asked for new ideas and seemed oblivious to issues the corporation was facing.The following are key ideas for you to keep in mind as you write your plan, but this isn't an outline for the plan. An outline and what you should include in your plan is defined in the Requirements section further below.The team will work together for a sustained period of time.The visible outcome of the teamwork should focus on the development of a new business model and growth strategies; however, the success of the team as an outcome is up to you and the team members.There should be a representative from each of the three functional areas to produce the model.A variety of perspectives is important.Communication and collaboration are new priorities for teamwork; these processes have not been considered as valuable in the past.Issues impacting the business model have not previously been identified by the business' leadership.Innovation previously has not been prioritized as a factor in the business model.Develop a plan for building your team that you could present to the CEO. To facilitate evaluation of this assessment, format it according to APA guidelines.RequirementsThe purpose of this assessment is to create an overview of what should be considered when developing teams. It is not intended to be an in-depth analysis. Using the scenario described above for this assessment, write a plan with the following sections. You may use the Assessment 3 Template [DOCX] to create your plan if desired.Title page.Introduction. Briefly explain the goal of your plan and the high-level approach you took in developing it.Functional Area Team Member Selections. Select and describe team members from three of these functional areas: human resources, accounting/finance, marketing/sales, information technology, and operations.Reasons for Functional Area Team Member Selections. Explain the reasons for including each functional area and team member in an organizational team in terms of the advantages offered and the type of role an individual would fill.Characteristics of Effective Team Members. Describe the characteristics (knowledge, skills, and abilities) each team member brings to the project and explain how those characteristics support a team effort and will be crucial to its success.Communicating Team Objectives. Explain how you will effectively communicate team objectives, and consider the consequences of failing to do so. Will you draft a team charter? Will you write a mission statement?Strategies for Delegating Responsibility. Explain the types of strategies you will use to delegate responsibility within the team, how the strategies take into account individual strengths, and how responsibility is delegated fairly. Will you assign tasks or ask for volunteers?Strategies for Managing Conflict. Describe strategies that will be used to avoid and resolve conflicts between members of a team, and consider the consequences of not dealing with conflict.Success Measurement, Tools, and Process. Explain how the success of the team will be measured.Conclusion. Summarize how your plan will result in an effective team that will contribute to organizational success.References page.Example assessment: You may use the Assessment 3 Exemplar [PDF] to give you an idea of what a Proficient or higher rating on the scoring guide would look like.Additional RequirementsBased on the intended audience, your plan should be well organized and written in clear, succinct language.Target 4–5 double-spaced pages of content, in addition to a title page and references page.Include 3–7 reputable resources to support your ideas.Follow APA rules for attributing sources that support your analysis and conclusions.Academic Integrity and APA FormattingAs a reminder related to using APA rules to ensure academic honesty:When using a direct quote (using exact or nearly exact wording), you must enclose the quoted wording in quotation marks, immediately followed by an in-text citation. The source must then be listed in your references page.When paraphrasing (using your own words to describe a non-original idea), the paraphrased idea must be immediately followed by an in-text citation and the source must be listed in your references page.Note: Faculty may use the Writing Feedback Tool when grading this assessment. The Writing Feedback Tool is designed to provide you with guidance and resources to develop your writing based on five core skills. You will find writing feedback in the Scoring Guide for the assessment, once your work has been evaluated.
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