Quantitative Methods for Business chapter 6 pps
Quantitative Methods for Business chapter 6 pps
... (64 ) 1
1
20.111 4.485
2
ϭϪϭϪ ϭ
ϭϭ
8
61 6
98
61 6 455 111
8
160 889()(.)(.)
Length of service (x) x
2
00
00
4 16
4 16
749
10 100
10 100
14 1 96
15 225
64 702
Length of service (x) x
2
00
4 16
4 16
525
749
864
10 ... distribu-
tion will therefore be close together.
1 86 Quantitative methods for business Chapter 6
Figure 6. 2 shows a much more symmetrical distributio...
Quantitative Methods for Business chapter 1 ppsx
... bill for the operatives.
∑
,
x
i
iϭ
2
and explain what your answer means
4
∑
,
Chapter 1 Setting off 29
Preface
Quantitative Methods for Business provides an understanding of quantitative
business ... probabilities 61 9
Table 4 Random numbers 62 0
Contents ix
CHAPTER
Setting off
1
Chapter objectives
This chapter will help you to:
■ assess the importance businesses att...
Quantitative Methods for Business chapter 11 pps
... geological problems. If management win the miners’
370 Quantitative methods for business Chapter 11
352 Quantitative methods for business Chapter 11
11.2.4 The equal likelihood decision rule
In ... incurred amount to
60 00 on Route A and €4500 on Route B. The probability that
the container is hijacked on Route A is put at 0.2; on Route B it
368 Quantitative methods...
Quantitative Methods for Business chapter 2 doc
... 60 m
2
and will be sold at a profit of £15,000. On average each will
house 2 people owning 1.2 cars. The 4-bedroom houses will
76 Quantitative methods for business Chapter 2
66 Quantitative methods ... easier to interpret the diagram.
68 Quantitative methods for business Chapter 2
Example 2.24
Solve the Sirdaria Citrus Company problem, using Solver.
Step 1: The fo...
Quantitative Methods for Business chapter 3 ppt
... Quantitative methods for business Chapter 3
Review questions
Answers to these questions, including fully worked solutions to the Key
questions marked with an asterisk(*), are on pages 63 3 63 6.
3.1* ... x,
forming the coefficient, and the power reduced from 2 to 1:
x
2
becomes 2x
2Ϫ1
or simply 2x
This means that for the equation:
y ϭ x
2
88 Quantitative methods for busine...
Quantitative Methods for Business chapter 4 doc
... continuous
114 Quantitative methods for business Chapter 4
132 Quantitative methods for business Chapter 4
25 13 0 13 20 18 13 16 15 0 15 14
15 9 7 14 17 13 3 15 7 23 10 15
Present these data in the form ... 11.5
9.90–9.99 7 23.3 6 23.1
10.00–10.09 11 36. 7 3 11.5
10.10–10.19 5 16. 7 4 15.4
10.20–10.29 3 10.0 4 15.4
10.30–10.39 1 3.3 6 23.1
Total 30 100.0 26 100.0
1...
Quantitative Methods for Business chapter 5 potx
... ‘temp’
agency are:
6. 26 4.90 4.52 5.11 5.94 5.82 7.14 7.28 5.15 7.04
4.47 4 .67 6. 90 5.85 5 .65 5.50 4.12 5.27 5.25 6. 43
5 .65 4 .65 5.37 4.24 6. 45 4.70 5.09 4.82 6. 23 5.40
6. 22 5. 26
(a) Compile a stem ... 1122223 569 9
61 2 8
7 3 4
Leaf unit ϭ 1
Example 5.17
The seating capacities for the 22 Musor restaurants in the Bristol area are:
61 54 73 78 59 49 51 58 75 67
60 87...
Quantitative Methods for Business chapter 7 potx
... two
variables.
252 Quantitative methods for business Chapter 7
Chapter 7 Two-way traffic – relationships between two variables 237
r
s
2
1
6 * 68 .5
6( 6 1)
1
411
6( 36 1)
1
411
6 * 35
1
411
210
... linear.
232 Quantitative methods for business Chapter 7
Figure 7.5
Good negative
correlation
65 43210
20
10
0
X
Y
Figure 7 .6
Zero correlation
65 43210
20...
Quantitative Methods for Business chapter 8 potx
... 0.9 26 6482
2 8000 0.857 68 56
3 8000 0.794 63 52
4 7000 0.735 5145
5 60 00 0 .68 1 40 86
5 5000 0 .68 1 3405
Net present value ϭ 23 26
electricians etc. They need to invest in a website to operate
their business. ... to compensate for the time
that passes before they arrive. The first of these techniques that we
shall consider is the net present value.
266 Quantitative methods...
Quantitative Methods for Business chapter 9 pdf
... 9.11
Error
Week Acutal Forecast (Actual Ϫ Forecast) 0.2 * Error Error
2
6 380 398. 160 Ϫ18. 160 Ϫ3 .63 2 329.7 86
7 350 394.528 Ϫ44.528 Ϫ8.9 06 1982.743
8 400 385 .62 2 14.378 2.8 76 2 06. 727
9 360 388.498 Ϫ28.498 ... 1.544 33.350 Ϫ0.350
1 Autumn 6. 8 22.125 0.315 6. 969 Ϫ0. 169
2 Winter 15.4 22.900 0 .64 0 14 .65 6 0.744
2 Spring 34.8 23.375 1.500 35. 063 Ϫ0. 263
2 Summer 36. 2 23....
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