Description
ABSOLUTELY NO PLAGIARISM FROM ONLINE
Sampling with a Pair of Dice
Go to the link: http://www.random.org/dice/
or https://www.freeonlinedice.com/#dice
- Roll the 2 virtual dice and calculate the sum of the pair of virtual dice. Do this 10 times.
- Then after you have rolled the virtual pair dice 10 times and calculated 10 sums calculate the average of these 10 sums.
- Conduct this experiment again but this time roll the virtual pair of dice 20 times and calculate the 20 sums and then find the average of these 20 sums.
- Post your results and discussion how this relates to this week’s lesson, particularly the Central Limit Theorem.
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
Explanation & Answer
Hello, kin...
Completion Status:
100%
Review
Review
Anonymous
Nice! Really impressed with the quality.
Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!
Most Popular Content
Stibnite is a silvery white mineral with a metallic luster. It is one of the few minerals that melts easily in a match
Stibnite is a silvery white mineral with a metallic luster. It is one of
the few minerals that melts easily in a match f ...
Stibnite is a silvery white mineral with a metallic luster. It is one of the few minerals that melts easily in a match
Stibnite is a silvery white mineral with a metallic luster. It is one of
the few minerals that melts easily in a match flame or at a temperature
of approximately 977°F or greater. Find the Celsius temperature for
which stibnite melts [Use the formula .] A. [525, ∞) B. (-∞, 525] C. [510.8, ∞) D. (-∞, 525]
the number of defective flash drives, statistics homework help
Data set 2 presents a sample of the number of defective flash drives produced by a small manufacturing company over the la ...
the number of defective flash drives, statistics homework help
Data set 2 presents a sample of the number of defective flash drives produced by a small manufacturing company over the last 30 weeks. The company’s operations manager believes that the number of defects produced by the process is less than seven defective flash drives per week. Use this online calculator (or any statistical package that you are comfortable with) to construct a hypothesis test to verify the operations manager’s claim. Your hypothesis test should include null and alternative hypotheses, a t test statistic value, a p value, a decision, and a conclusion. Submit a Word file that includes the hypothesis test.
Powerball, Mega Millions and Florida Lotto probability project help
Need all three parts completed. Powerball probability of wining the jackpot= 1:
292,201,338.Mega Millions probability of ...
Powerball, Mega Millions and Florida Lotto probability project help
Need all three parts completed. Powerball probability of wining the jackpot= 1:
292,201,338.Mega Millions probability of winning the
jackpot= 1: 258,890,850.Florida Lotto probability of winning the
jackpot= 1: 22,957,480.
Thanks
Simple Interest Annual Interest Rate and Total Cost Scenarios Discussion
For this discussion, suppose you purchase a television for $1300.00
with a First Premier credit card that has 79.9% APR. ...
Simple Interest Annual Interest Rate and Total Cost Scenarios Discussion
For this discussion, suppose you purchase a television for $1300.00
with a First Premier credit card that has 79.9% APR. Assuming simple
interest and no monthly payments, how much interest will you owe at the
end of 12 months? What will the total cost of the television be? Suppose you open a savings account with $1300.00 at a 0.5% annual
interest rate. Assume simple interest. How much interest will your
account accrue at the end of 12 months? What will be the balance of your
account? In one scenario, you are the lender (to the bank) in the other
scenario the credit card company is the lender. Compare the two
different scenarios. Is this a fair situation and why? Next respond to
your peers' post by explaining whether you agree or disagree with their
reasoning and why.In your initial post,
make sure you are answering all questions in the prompt. Including
showing all work and explaining your steps in words. Your initial post
should be at least 200 words in length.
ELAC Global Supply Chains Problem Set Inventory Aggregation Excel Worksheet
You will watch the course recording to do the assignment, and please submit it by Excel file.https://bu-metcollege.zoom.us ...
ELAC Global Supply Chains Problem Set Inventory Aggregation Excel Worksheet
You will watch the course recording to do the assignment, and please submit it by Excel file.https://bu-metcollege.zoom.us/rec/play/E5J-xTkDoZ2...Global Supply Chains
Problem Set: Inventory Aggregation
Your friend Jane, an entrepreneur living in Boston, needs your help. Jane is considering opening an online store
to sell a product that will have a logo of one of the top universities in Boston. She is very secretive at this point
and will not tell you the type of product – just that it comes in five colors and will contain one of the 8 logos (i.e.,
there are 40 different configurations of the product). She asked another friend to make demand forecasts. The
forecast indicates level demand over the year, with the average weekly demand and the standard deviation of
the weekly demand forecast shown in Table 1. Demand will be independent across products but demand will
be positively correlated over time.
Table 1: Demand Forecast
Jane has also contracted with an offshore manufacturing facility to produce the products. Their lead-time
agreement specifies that ordered products will be received 12 weeks after the order is placed. Jane will place
orders on a weekly basis (once per week). Jane has the option of printing the logo herself (after a customer
places an order) or having the offshore supplier print the logo. She estimates her average printing cost to be
$0.75 per unit. Unfortunately, because the supplier’s manufacturing processes are typically setup to include
printing, there will be no decrease in supplier production costs if Jane prints the logos. The offshore production
costs per unit are shown in Table 2.
Offshore Poduction Costs
Table 2: Production Costs
Jane needs help with inventory planning. In particular, she has two options in mind. The first option will consist
of holding final product inventory for all 40 of the product configurations. She likes this option because she
would be able to immediately ship products to customers. The second option would consist of holding inventory
of the five product colors, and printing the university logos herself before shipment to customers. She likes this
option because it simplifies inventory requirements.
For this assignment, create an Excel spreadsheet to evaluate the two options. The comparison should compare:
(a) the annual holding cost of safety stock for the “no aggregation” option, where all 40 final product
configurations are held in inventory, and (b) the annual holding cost of safety stock plus the increased printing
cost for the “aggregation” option, where inventory is held by color so that only 5 different items are held in
inventory. When analyzing the two alternatives, use a target product fill rate of 99%.
After explaining inventory holding costs to Jane, you agree to use an annual holding rate of 35% for your
analysis because jane will need to rent warehouse space. However, this value is uncertain. So, you agree to use
a graphical display to show her how the options compare if the annual holding rate is changed over a range from
15% to 50%.
The assessment of this work will be based on the accuracy and clarity of your spreadsheet and the graph.
Submit one Excel file, using a file name Lastname_PS2.
Chamberlain Week 5 Week 5 Probability and Normal Distribution Lab Report
Required ResourcesRead/review the following resources for this activity:OpenStax Textbook: Chapter 2, 6, and 7LessonWeeks ...
Chamberlain Week 5 Week 5 Probability and Normal Distribution Lab Report
Required ResourcesRead/review the following resources for this activity:OpenStax Textbook: Chapter 2, 6, and 7LessonWeeks 3 and 5 Excel SpreadsheetsScenario/SummaryThis week's lab highlights the use of probability and normal distribution.Follow the directions below to gather data, calculate using Excel spreadsheets, and interpret the results.DeliverablesThe deliverable is a Word document with your answers to the questions posed below based on the data you find.Required SoftwareMicrosoft WordMicrosoft ExcelSteps to Complete Week 5 LabUse the Weeks 3 and 5 spreadsheets to help you answer the questions below.Step 1: Survey or measure 10 people to find their heights. Determine the mean and standard deviation for this group by using the Week 3 Excel spreadsheet. Post a screen shot of the portion of the spreadsheet that helped you determine these values. How does your height compare to the mean (average) height of the group that you surveyed? Is your height taller, shorter, or the same as the mean of your group?Data Example of 10 people with different heightsStep 2: Give some background information on the group of people you used in your study. You might consider using the following questions to guide your answer.How did you choose the participants for your study (sampling method)?What part of the country did your study take place in?What are the age ranges of your participants?How many of each gender did you have in your study?What are other interesting factors about your group?Step 3: Use the Week 5 Excel spreadsheet for the following.(Use the Empirical Rule tab from the spreadsheet). Determine the 68%, 95%, and 99.7% values of the Empirical Rule in terms of the ten heights in your height study.What do these values tell you?Post a screen shot of your work from the Week 5 Excel spreadsheet.
Week 5 Spreadsheet Example(Use the normal probability tab from the spreadsheet). Based on your study results, what percent of the study participants are shorter than you? What percent are taller than you?Post a screen shot of your work from the Week 5 Excel spreadsheet.Example: If my height is 73 inches, then 20.86% of the relevant population is shorter. The other 79.14%, of course, is taller.Week 5 Spreadsheet ExampleStep 4: Be sure your name is on the Word document, save it, and then submit it under "Assignments" and "Week 5: Lab".GradingThis activity will be graded based on the Week 5 Lab Rubric.Course Outcomes (CO): 3, 4, 5CriteriaRatingsPtsThis criterion is linked to a Learning OutcomeMeasures of Central Tendency and Variation12.0 ptsAddresses all elements of the following: *10 height values *mean of data *standard deviation of data *screenshot of values calculated on spreadsheet *comparison of heights10.2 ptsAddresses 4 out of 5 of the following: *10 height values *mean of data *standard deviation of data *screenshot of values calculated on spreadsheet *comparison of heights8.4 ptsAddresses 3 out of 5 of the following: *10 height values *mean of data *standard deviation of data *screenshot of values calculated on spreadsheet *comparison of heights6.6 ptsAddresses 1 or 2 out of 5 of the following: *10 height values *mean of data *standard deviation of data *screenshot of values calculated on spreadsheet *comparison of heights0.0 ptsNo Effort12.0 ptsThis criterion is linked to a Learning OutcomePopulation Data and Sampling Techniques15.0 ptsAddresses all elements of the following: *Sampling method *Location *Age group of participants *Gender of participants *Other factors about participants12.75 ptsAddresses 4 out of 5 of the following: *Sampling method *Location *Age group of participants *Gender of participants *Other factors about participants10.5 ptsAddresses 3 out of 5 of the following: *Sampling method *Location *Age group of participants *Gender of participants *Other factors about participants8.25 ptsAddresses 1 or 2 out of 5 of the following: *Sampling method *Location *Age group of participants *Gender of participants *Other factors about participants0.0 ptsNo Effort15.0 ptsThis criterion is linked to a Learning OutcomeProbability, and Measures that would follow a normal distribution in life sciences15.0 ptsAddresses all elements of the following: *Empirical Rule values *Interpretation of Empirical Rule values *Screenshot of Empirical spreadsheet *Interpretation of Normal Distribution spreadsheet values *Screenshot of probabilities/ percentiles12.75 ptsAddresses 4 out of 5 of the following: *Empirical Rule values *Interpretation of Empirical Rule values *Screenshot of Empirical spreadsheet *Interpretation of Normal Distribution spreadsheet values *Screenshot of probabilities/ percentiles10.5 ptsAddresses 3 out of 5 of the following: *Empirical Rule values *Interpretation of Empirical Rule values *Screenshot of Empirical spreadsheet *Interpretation of Normal Distribution spreadsheet values *Screenshot of probabilities/ percentiles8.25 ptsAddresses 1 or 2 out of 5 of the following: *Empirical Rule values *Interpretation of Empirical Rule values *Screenshot of Empirical spreadsheet *Interpretation of Normal Distribution spreadsheet values *Screenshot of probabilities/ percentiles0.0 ptsNo Effort15.0 ptsThis criterion is linked to a Learning OutcomeGrammar and Formatting8.0 ptsLab is easy to read and presents material in a logical order with no grammatical errors.6.8 ptsLab is easy to read and presents material in a logical order. There are a few grammatical errors but they do not distract from readability.5.6 ptsLab is easy to read and has few grammatical errors, but it is not logically organized.4.4 ptsThere are significant grammatical errors and organizational issues that distract from readability.0.0 ptsNo Effort8.0 ptsTotal Points: 50.0
Similar Content
geometry chords and arc, math homework help
...
Statistics questions
Svga monitors manufactured by tsi electronics have life spans that have a normal distribution with a variance of 1,000,000...
Can someone help me solve this problem ?
Reverse the roles of the variables by solving for the indicated variable.Solve for q: p = 7q&nb...
math homework help!!
Emily goes to the store to buy a jacket. The store is having a sale for 30% off the original price. Emily also has a $10 o...
advanced calculus questions
FINAL EXAM, ADVANCED CALCULUS I, FALL 2020
Name:
1. (15 pts) Let E be the set of real numbers so that δ ∈ E if and on...
math problem , math homework help
3. A fitness center is considering an expansion. Three proposals are being considered: add new pool, add new equipment or ...
Answers 1
If ?1 & ?2 are population proportion of drug-resistant tuberculosis in New Jersey and Texas To calculate p-value, we need ...
Img 20190510 0004 New
...
Word Document
Two cars that I would choose that are small and fuels efficient are Toyota Corolla and Pris c. They were both made in 2015...
Related Tags
Book Guides
Get 24/7
Homework help
Our tutors provide high quality explanations & answers.
Post question
Most Popular Content
Stibnite is a silvery white mineral with a metallic luster. It is one of the few minerals that melts easily in a match
Stibnite is a silvery white mineral with a metallic luster. It is one of
the few minerals that melts easily in a match f ...
Stibnite is a silvery white mineral with a metallic luster. It is one of the few minerals that melts easily in a match
Stibnite is a silvery white mineral with a metallic luster. It is one of
the few minerals that melts easily in a match flame or at a temperature
of approximately 977°F or greater. Find the Celsius temperature for
which stibnite melts [Use the formula .] A. [525, ∞) B. (-∞, 525] C. [510.8, ∞) D. (-∞, 525]
the number of defective flash drives, statistics homework help
Data set 2 presents a sample of the number of defective flash drives produced by a small manufacturing company over the la ...
the number of defective flash drives, statistics homework help
Data set 2 presents a sample of the number of defective flash drives produced by a small manufacturing company over the last 30 weeks. The company’s operations manager believes that the number of defects produced by the process is less than seven defective flash drives per week. Use this online calculator (or any statistical package that you are comfortable with) to construct a hypothesis test to verify the operations manager’s claim. Your hypothesis test should include null and alternative hypotheses, a t test statistic value, a p value, a decision, and a conclusion. Submit a Word file that includes the hypothesis test.
Powerball, Mega Millions and Florida Lotto probability project help
Need all three parts completed. Powerball probability of wining the jackpot= 1:
292,201,338.Mega Millions probability of ...
Powerball, Mega Millions and Florida Lotto probability project help
Need all three parts completed. Powerball probability of wining the jackpot= 1:
292,201,338.Mega Millions probability of winning the
jackpot= 1: 258,890,850.Florida Lotto probability of winning the
jackpot= 1: 22,957,480.
Thanks
Simple Interest Annual Interest Rate and Total Cost Scenarios Discussion
For this discussion, suppose you purchase a television for $1300.00
with a First Premier credit card that has 79.9% APR. ...
Simple Interest Annual Interest Rate and Total Cost Scenarios Discussion
For this discussion, suppose you purchase a television for $1300.00
with a First Premier credit card that has 79.9% APR. Assuming simple
interest and no monthly payments, how much interest will you owe at the
end of 12 months? What will the total cost of the television be? Suppose you open a savings account with $1300.00 at a 0.5% annual
interest rate. Assume simple interest. How much interest will your
account accrue at the end of 12 months? What will be the balance of your
account? In one scenario, you are the lender (to the bank) in the other
scenario the credit card company is the lender. Compare the two
different scenarios. Is this a fair situation and why? Next respond to
your peers' post by explaining whether you agree or disagree with their
reasoning and why.In your initial post,
make sure you are answering all questions in the prompt. Including
showing all work and explaining your steps in words. Your initial post
should be at least 200 words in length.
ELAC Global Supply Chains Problem Set Inventory Aggregation Excel Worksheet
You will watch the course recording to do the assignment, and please submit it by Excel file.https://bu-metcollege.zoom.us ...
ELAC Global Supply Chains Problem Set Inventory Aggregation Excel Worksheet
You will watch the course recording to do the assignment, and please submit it by Excel file.https://bu-metcollege.zoom.us/rec/play/E5J-xTkDoZ2...Global Supply Chains
Problem Set: Inventory Aggregation
Your friend Jane, an entrepreneur living in Boston, needs your help. Jane is considering opening an online store
to sell a product that will have a logo of one of the top universities in Boston. She is very secretive at this point
and will not tell you the type of product – just that it comes in five colors and will contain one of the 8 logos (i.e.,
there are 40 different configurations of the product). She asked another friend to make demand forecasts. The
forecast indicates level demand over the year, with the average weekly demand and the standard deviation of
the weekly demand forecast shown in Table 1. Demand will be independent across products but demand will
be positively correlated over time.
Table 1: Demand Forecast
Jane has also contracted with an offshore manufacturing facility to produce the products. Their lead-time
agreement specifies that ordered products will be received 12 weeks after the order is placed. Jane will place
orders on a weekly basis (once per week). Jane has the option of printing the logo herself (after a customer
places an order) or having the offshore supplier print the logo. She estimates her average printing cost to be
$0.75 per unit. Unfortunately, because the supplier’s manufacturing processes are typically setup to include
printing, there will be no decrease in supplier production costs if Jane prints the logos. The offshore production
costs per unit are shown in Table 2.
Offshore Poduction Costs
Table 2: Production Costs
Jane needs help with inventory planning. In particular, she has two options in mind. The first option will consist
of holding final product inventory for all 40 of the product configurations. She likes this option because she
would be able to immediately ship products to customers. The second option would consist of holding inventory
of the five product colors, and printing the university logos herself before shipment to customers. She likes this
option because it simplifies inventory requirements.
For this assignment, create an Excel spreadsheet to evaluate the two options. The comparison should compare:
(a) the annual holding cost of safety stock for the “no aggregation” option, where all 40 final product
configurations are held in inventory, and (b) the annual holding cost of safety stock plus the increased printing
cost for the “aggregation” option, where inventory is held by color so that only 5 different items are held in
inventory. When analyzing the two alternatives, use a target product fill rate of 99%.
After explaining inventory holding costs to Jane, you agree to use an annual holding rate of 35% for your
analysis because jane will need to rent warehouse space. However, this value is uncertain. So, you agree to use
a graphical display to show her how the options compare if the annual holding rate is changed over a range from
15% to 50%.
The assessment of this work will be based on the accuracy and clarity of your spreadsheet and the graph.
Submit one Excel file, using a file name Lastname_PS2.
Chamberlain Week 5 Week 5 Probability and Normal Distribution Lab Report
Required ResourcesRead/review the following resources for this activity:OpenStax Textbook: Chapter 2, 6, and 7LessonWeeks ...
Chamberlain Week 5 Week 5 Probability and Normal Distribution Lab Report
Required ResourcesRead/review the following resources for this activity:OpenStax Textbook: Chapter 2, 6, and 7LessonWeeks 3 and 5 Excel SpreadsheetsScenario/SummaryThis week's lab highlights the use of probability and normal distribution.Follow the directions below to gather data, calculate using Excel spreadsheets, and interpret the results.DeliverablesThe deliverable is a Word document with your answers to the questions posed below based on the data you find.Required SoftwareMicrosoft WordMicrosoft ExcelSteps to Complete Week 5 LabUse the Weeks 3 and 5 spreadsheets to help you answer the questions below.Step 1: Survey or measure 10 people to find their heights. Determine the mean and standard deviation for this group by using the Week 3 Excel spreadsheet. Post a screen shot of the portion of the spreadsheet that helped you determine these values. How does your height compare to the mean (average) height of the group that you surveyed? Is your height taller, shorter, or the same as the mean of your group?Data Example of 10 people with different heightsStep 2: Give some background information on the group of people you used in your study. You might consider using the following questions to guide your answer.How did you choose the participants for your study (sampling method)?What part of the country did your study take place in?What are the age ranges of your participants?How many of each gender did you have in your study?What are other interesting factors about your group?Step 3: Use the Week 5 Excel spreadsheet for the following.(Use the Empirical Rule tab from the spreadsheet). Determine the 68%, 95%, and 99.7% values of the Empirical Rule in terms of the ten heights in your height study.What do these values tell you?Post a screen shot of your work from the Week 5 Excel spreadsheet.
Week 5 Spreadsheet Example(Use the normal probability tab from the spreadsheet). Based on your study results, what percent of the study participants are shorter than you? What percent are taller than you?Post a screen shot of your work from the Week 5 Excel spreadsheet.Example: If my height is 73 inches, then 20.86% of the relevant population is shorter. The other 79.14%, of course, is taller.Week 5 Spreadsheet ExampleStep 4: Be sure your name is on the Word document, save it, and then submit it under "Assignments" and "Week 5: Lab".GradingThis activity will be graded based on the Week 5 Lab Rubric.Course Outcomes (CO): 3, 4, 5CriteriaRatingsPtsThis criterion is linked to a Learning OutcomeMeasures of Central Tendency and Variation12.0 ptsAddresses all elements of the following: *10 height values *mean of data *standard deviation of data *screenshot of values calculated on spreadsheet *comparison of heights10.2 ptsAddresses 4 out of 5 of the following: *10 height values *mean of data *standard deviation of data *screenshot of values calculated on spreadsheet *comparison of heights8.4 ptsAddresses 3 out of 5 of the following: *10 height values *mean of data *standard deviation of data *screenshot of values calculated on spreadsheet *comparison of heights6.6 ptsAddresses 1 or 2 out of 5 of the following: *10 height values *mean of data *standard deviation of data *screenshot of values calculated on spreadsheet *comparison of heights0.0 ptsNo Effort12.0 ptsThis criterion is linked to a Learning OutcomePopulation Data and Sampling Techniques15.0 ptsAddresses all elements of the following: *Sampling method *Location *Age group of participants *Gender of participants *Other factors about participants12.75 ptsAddresses 4 out of 5 of the following: *Sampling method *Location *Age group of participants *Gender of participants *Other factors about participants10.5 ptsAddresses 3 out of 5 of the following: *Sampling method *Location *Age group of participants *Gender of participants *Other factors about participants8.25 ptsAddresses 1 or 2 out of 5 of the following: *Sampling method *Location *Age group of participants *Gender of participants *Other factors about participants0.0 ptsNo Effort15.0 ptsThis criterion is linked to a Learning OutcomeProbability, and Measures that would follow a normal distribution in life sciences15.0 ptsAddresses all elements of the following: *Empirical Rule values *Interpretation of Empirical Rule values *Screenshot of Empirical spreadsheet *Interpretation of Normal Distribution spreadsheet values *Screenshot of probabilities/ percentiles12.75 ptsAddresses 4 out of 5 of the following: *Empirical Rule values *Interpretation of Empirical Rule values *Screenshot of Empirical spreadsheet *Interpretation of Normal Distribution spreadsheet values *Screenshot of probabilities/ percentiles10.5 ptsAddresses 3 out of 5 of the following: *Empirical Rule values *Interpretation of Empirical Rule values *Screenshot of Empirical spreadsheet *Interpretation of Normal Distribution spreadsheet values *Screenshot of probabilities/ percentiles8.25 ptsAddresses 1 or 2 out of 5 of the following: *Empirical Rule values *Interpretation of Empirical Rule values *Screenshot of Empirical spreadsheet *Interpretation of Normal Distribution spreadsheet values *Screenshot of probabilities/ percentiles0.0 ptsNo Effort15.0 ptsThis criterion is linked to a Learning OutcomeGrammar and Formatting8.0 ptsLab is easy to read and presents material in a logical order with no grammatical errors.6.8 ptsLab is easy to read and presents material in a logical order. There are a few grammatical errors but they do not distract from readability.5.6 ptsLab is easy to read and has few grammatical errors, but it is not logically organized.4.4 ptsThere are significant grammatical errors and organizational issues that distract from readability.0.0 ptsNo Effort8.0 ptsTotal Points: 50.0
Earn money selling
your Study Documents