...Statistics Project Keller Graduate School Of Management GM 533: Applied Managerial Statistics Professor Nitin Dvivedi Anthony C. Parks II 23 August 2012 In part C of this Project we are going to analyze size and credit balance. If you take a look at all the appendix you will see that as the size of a family increases, so does the credit balance. This value allows us to predict credit balances for family sizes as they increase. We also can predict larger families also carry higher credit balances. The variables of sizes and credit balance are depended on each other to prove this hypothesis that the larger the size the greater the credit balance. Overall I think that this part of the project we can relate to our real life because it displays the different types of social levels and we can find a pattern. For example we can say that smaller families live in urban areas and larger families live in rural and suburban areas; thus, we also can say that these areas you will find that they carry higher credit balances versus urban areas, which will carry lower credit balances since they have smaller families. This part of the project gives us a great visual on size and credit balances and allows us to see which way the scale would move if we increase the sizes or decrease or sizes. APPENDIX A As you look at this graph you can see that as the size get bigger the credit balance increase also, so as you move to the right and up the linear line will move diagonal higher. The...
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...Tammy Tan z3461062 ECON1203 Lee Lee Ooi ASB 232 (Mon 10:00 – 11:00) JGW - AllRepairs Business Analytics Department: Quality Control z3461062 Executive Summary This report will examine the success of JGW’s AllRepairs in maintaining a high quality of service and isolate any inefficiency in the provision of services. One concern of AllRepairs is in quality control and measures efficiency by the time it takes the mechanic to undertake the assigned task. In order to maximise chance of repeat business, AllRepairs is also interested in maintaining a good relationship with them. An agreed target has been established: at least 82% of customers should be either satisfied or very satisfied with the services provided. In this report, 293 jobs were selected as a sample and the associated customers were surveyed. Data has been collected from the branch that provides repairs to refrigeration units. KEY FINDINGS 95.6% of jobs were completed within one hour with the shortest being 8 minutes and longest 94 minutes Regarding difficulty, 28% of jobs were easy, 61% standard and 11% hard. There is a 50.54% variation in time due to difficulty, and as difficulty increases, so does time. The hard jobs created the greatest range in the time taken. There are no marked differences between mechanics that suggests any one mechanic was less efficient that the other mechanics. 17% of customers were very satisfied with the repair job, 60% were satisfied, 16% dissatisfied, 2% very...
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...Statistical Report Writing No.3. Introduction. A federal regulatory agency is investigating an advertised claim that a certain device can increase the gasoline mileage of car. Ten of these devices are purchased and installed in cars. Gasoline mileage (mpg) for each of the cars is recorded both before and after installation. The data are listed in the following table. The columns “Before” and “After” show the mileage (mpg) before and after the installation of device, the column “Change” represents the improvement of mileage. Here we present the summary of statistics for each variables. In this study we want to determine whether there is a significant gain in mileage after the devices were installed. Data analysis and statistical test. The following figures show the histogram and the normal quantile plot (QQ plot) for the variable “Change”. Note that the sample size is small. Thus, the reliability of statistical test is dependent on the ability to assume that the data come from a normal distribution. In particular, we need to assess the normality for the variable “Change” since it is used for a statistical test. The histogram (above left) displays neither a center nor symmetry of distribution. Rather, it is bimodal, suggesting that there are two distinct populations to which the effect of device could be different. The QQ plot (above right) also indicates that the plots do not follow the straight line. Thus, the normality of data cannot be assumed, making...
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...Thesis People are the same. We all have similar body characteristics. We all generally have two eyes, two hands and two feet. Most of us also wear shoes. But producing shoes of varying sizes is expensive and time consuming. Nyke is proposing a plan to cut the cost of their production of shoes by only making one universal size shoe for their customer base. We will look at a sample of data obtained by this company and determine if this is statistically the best plan moving forward for this company. Data Observations A statistical study is only as good as its raw data. Nyke has provided a sample of thirty five of their customer base shoe sizes, heights and genders. This is a really small random sample based on the gross production of shoes already being produced by Nyke, however, we can make some recommendations based on these numbers. We will assume these numbers are correct, and the process of picking these data points were random. Statistical Testing There are many tests we can run on this sample of data to determine if it is viable. First we need to turn this data into numbers that we can use in our equations to calculate our values. So we need to convert the numbers into the mean, median, mode, range of values, x, x2 and the standard deviation of the data. Second, we will use the data to construct several graphs, such as a boxplot, histogram, stem and leaf plot and a scatter plot to determine if or how the data is skewed and if there are any outliers. If we identify...
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...Few memories as a failure on a major project from half a decade ago still vividly remains in memories. As a Research Assistant to Tim, it was my first paid job. Tim, an Engineer, worked in silos and had driver social style to his heart beat. He only communicated the expectations without delving in the details that he had in his mind. Even though the Office space was a closed knit space for 16 students, Tim seldom hung out with people to build personal relationships. He only interacted with others when there was a need. His lack of explanation on why the project was needed had left me wondering regarding purpose and design aspects of the new programming project. I struggled on how to effectively design the project and often sought help from other people, who recommended me that the project needed investment in new programming platform as old platform was incapable of achieving the project objectives. After making almost no progress on the project and wasting time in attempts to make old platform workable, I received a vehement email from Tim, stating that XYZ Inc. was deciding to scale back on funding, as no progress reports were submitted. I was shocked to learn that I was even expected to submit progress reports at the end of quarter on the undertaken project in which I had neither any clue nor communication. As an amiable person, I was too quick to reach an agreement with Tim on project deliverables. I had thought that I would be receiving friendly advice and guidance from...
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...and answer document, uploaded to D2L dropbox. You will have to find an IT professional to interview on your own. Description of this assignment 1. Each student needs to find a candidate for a Post-implementation Review (PIR) report describing an information systems development project. 2. Where can you find an information technology professional to interview? You will have to find an IT professional to interview on your own. 3. If you work for a business or government organization, you should consider interviewing the IT/MIS director for your organization. If you work P/T or F/T in any reasonably sized organization, it is likely that there are some IT workers around (like help desk staff, programmers, analysts, network technicians or even IT managers). It can even be a friend, relative or acquaintance you know who works in such a job. 4. The following is a list of themes that you could address in the interview: Please do not write this paper in question and answer format. Use the questions below to help guide the interview. ▪ What type of job does he/she do? For whom? ▪ What projects is he/she currently working on for the organization? ▪ What projects has he/she recently completed? ▪ What IT applications has the firm recently implemented? ▪ Were the most recently applications developed in-house, were they outsourced development or were they application software packages that were customized and purchased? ...
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...Kempen | C402/C405 | Extend Diploma Mechanical Engineering EDENGM22A/B | Peter Kempen | C402/C405 | | GCSE English | Katherine Davey | G4 | GCSE English | Katherine Davey | G4 | | AS English Literature | Francesca Thomas | A58 | | | | | Archaeology: Unit 1 | Caroline Wilcox | B254 | Archaeology: Unit 2 | Caroline Wilcox | B254 | | Vocational Business assignment completion | Kemi Osoba | A49 | Vocational Business assignment completion | Bekoe Newman | A49 | | Vocational Sport and Travel Tourism assignment completion | Danny Chilvers | A50 | Vocational Sport and Travel Tourism assignment completion | Danny Chilvers | A50 | | AS /A2 GraphicsExtend Diploma Year 2 Final Major Project | Mark Pearson | Art Rooms | AS /A2 GraphicsExtend Diploma Year 2 Final Major Project | Mark Pearson | Art Rooms | Spring Term Revision Schedule 2013-14 Week 1 | Tuesday 8th April | | Morning session 10.00-12.00 | Afternoon Session 1.00-3.00 | | Subject/course | Teacher | Room | Subject/course | Teacher | Room | | A2 Business (China Research Theme) | Nessa | A25 | AS Business | Nessa | A25 | | A2 Economics | Charles | G5 | AS Economics | Charles | | | AS Business | Sarah (11.00-12.30) | A39 | A2 Business (Higher level exam technique) | Sarah | A39 | | AS Law | Amina | A26 | | | | | Vocational Business assignment completion | Kemi Osoba | A49 | Vocational Business assignment completion | Bekoe Newman | A49...
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...For ""Anticipated Project Size"" use your internal metrics as guidance. For example, if you use lines of code, then mentally assign ball park values to Small, Medium and Large as part of determining whether to give this criteria a high or low score. Follow a similar process ""Anticipated Duration"". Since project duration depends on project complexity, mentally categorize earlier projects as short, average or long duration to help put the current project in context. 2. After assigning a score for each criteria, view the Feasibility Study Suitability Indicator to discover the best method to use for determining project viability. 3. Omitted criteria will give an inaccurate result, so ensure all criteria are scored before checking the indicator." Criteria "Score (1=high, 3=low)" Guidelines Business Risk "1 = Significant, high-risk projects 2 = Low-to-modertate risk projects 3 = Small, low risk projects" Technology Risk "1 = Significant, high risk technological risks 2 = Low-to-moderate technological risks 3 = Small, low technological risks" Anticipated Project Size "1 = Large 2 = Medium sized 3 = Small" Anticipated Project Duration "1 = Long 2 = Medium duration 3 = Short" Project Dependencies "1 = Substantial and intricate project dependencies 2 = Minimal or manageable project dependencies 3 = No project dependencies" ...
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...(EPIEC) . From there he gained a lot of working experience and knowledge which made him to success in his business later . Business Motivation and starting One of the motivating factors was his father’s dream of his establishment in the society and another factor was after the independence of Bangladesh Aminul Islam realized that a new country has been born, therefore, a lot of construction will be needed for the development of the country and that is when he came up with the idea of Project Builders Limited. He proposed the idea to three other recent BUET graduates and they agreed to start with this new business. After the death of one of the partner and other two sold their share currently Aminul Islam is the only Managing Director and Chairman of Project Builders Limited. Vision The vision of Project Builders limited is to make quality constructions and make a strong infrastructure development of the country. Mission Construction of important structure and projects and to become the number one construction builder in Bangladesh. Initial Finance The company was initially started with four partners along...
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...knowledge to serve my best to the organization as well as my professional growth. Academics Relevant Courses: • Completed six weeks course and training in JAVA from SLR Infotech Pvt. Ltd, CHANDIGARH. • Pursuing 6 Months course and training in JAVA from DUCAT,NOIDA. • Completed six weeks course in C++ From ICT, KAITHAL B. Tech Projects: S.No Name Of the Project Description Team Members Roles and Responsibilities 1. CHANDIGARH TOURISM (B.Tech Summer Training Project) It was a software project based on core JAVA. It includes all the places to visit , map of chandigarh , hotel room booking , slides . Backend was based on MS-ACCESS . 2 Coding of Some pages, database manipulation & connectivity and preparing Crystal Reports. 2. DELHI TOURISM (B.Tech Minor Project ) It was a software project based on core JAVA. It includes all the places to visit , map of delhi , hotel room booking , slides . Backend was based on MS-ACCESS . 2 Coding of Some pages, database manipulation & connectivity and preparing Crystal Reports. 3. CRIME FILE MANAGEMENT (B.Tech Major Project ) It was a website describing various departments in crime department. It includes 3 modules WRITER , INSPECTOR , ADMIN. Writer writes complaints , Inspector investigates by watching the record using id’s and admin has all the controls. Platform used was ECLIPSE and backend was ORACLE database. 2 Overall designing of pages & coding of Admin Panel. Extra...
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...The following case represents a realistic situation facing construction firm that has just won a competitive contract. The realistic conditions complicating the project are described in detail, as are the alternatives offered by the staff for dealing with these complexities. Case The Sharon Construction Corporation The Sharon Construction Corporation has been awarded a contract for the construction of a 20,000-seat stadium. The construction must start by February 15 and be completed within one year. A penalty clause of $15,000 per week of delay beyond February 15 of next year is written into the contract. Jim Brown, the president of the company, called a planning meeting. In the meeting he expressed great satisfaction at obtaining the contract and revealed that the company could net as much as $300,000 on the project. He was confident that the project could be completed on time with an allowance made for the usual delays anticipated in such a large project. Bonnie Green, the director of personnel, agreed that in a normal year only slight delays might develop due to a shortage of labor. However, she reminded the president that for such a large project, the company would have to use unionized employees and that the construction industry labor agreements were to expire on November 30. Past experience indicated a fifty-fifty chance of a strike. Jim Brown agreed that a strike might cause a problem. Unfortunately, there was no way to change the contract. He inquired about...
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...FOR PROJECT A Cash Flows DCF (13%) PV 350,000 0.8850 309,750 350,000 0.7831 274,085 350,000 0.6931 242,585 826,420 NPV = 826,420 – 735,000 NPV = 91,420 FOR PROJECT B Cash Flows DCF (13%) PV 300,000 0.8850 265,500 300,000 0.7831 234,930 300,000 0.6931 207,930 708,360 NPV = 708,360 – 690,000 NPV = 18,360 FOR PROJECT C Cash Flows DCF (13%) PV 200,000 0.8850 177,000 200,000 0.7831 156,620 200,000 0.6931 138,620 472,240 NPV = 472,240 – 600,000 NPV = (127,760) Assuming the cost of capital increase to 15%, the new NPV will be as follows FOR PROJECT A Cash Flows DCF (15%) PV 350,000 0.8696 304,360 350,000 0.7561 264,635 350,000 0.6575 230,125 799,120 NPV = 799,120 – 735,000 NPV = 64,120 FOR PROJECT B Cash Flows DCF (15%) PV 300,000 0.8696 260,880 300,000 0.7561 226,830 300,000 0.6575 197,250 684,960 NPV = 684,960 – 690,000 NPV = (5,040) FOR PROJECT C Cash Flows DCF (15%) PV 200,000 0.8696 173,920 200,000 0.7561 151,220 200,000 0.6575 131,500 456,640 NPV = 456,640 – 600,000 NPV = (143,360) At this point it is necessary for one to determine the sensitivity of the change in NPV of the three projects due to the increase in cost of capital. SUMMARY OF NPVS’ CALCULATIONS PROJECT | NPV @ 13% | NPV @ 15% | % CHANGE IN NPV | A | 91,420 | 64,120 | * 29.86% | B | 18,360 | (5,040) | * 127.45% | C | (127,760) | (143,360) | * 12.2% | From the table above it is clear that all three projects had...
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...selected a company in which they wanted to go with. Before the project began there are several things in which both the client and the consultant should cover before making an agreement to enter into a contract. The client and the consultant both should understand the risks of a project, the cost, rewards, and deadlines. There are three reasons for success or failure that could happen with the new project. One is the importance of the consultant competency and fit with the company needs. The consultant should be able to understand the company and what it does and its needs. It’s important In this case the consultant should ask themselves if this is something they are able to do. The second reason is the interpersonal fit between the consultant and the clients. The consultant should be able to speak with the client and feel they are going to be able to talk to them in regards to the business needs. Finally the last reason is if the consultant is able to establish ground rules for the consulting process. Being able to identify the rules before and making sure it’s something they can commit to will help both parties. Fullerton, Johanna; West, Michael View Profile The client and the consultant should both agree on the scope of the project, the project time line, what both parties are hoping to achieve , the client role vs. the consultant role, and finally how the client measure to the success of the project. www.partnercomm.net. When a client brings in a consultant...
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...Kempen | C402/C405 | Extend Diploma Mechanical Engineering EDENGM22A/B | Peter Kempen | C402/C405 | | GCSE English | Katherine Davey | G4 | GCSE English | Katherine Davey | G4 | | AS English Literature | Francesca Thomas | A58 | | | | | Archaeology: Unit 1 | Caroline Wilcox | B254 | Archaeology: Unit 2 | Caroline Wilcox | B254 | | Vocational Business assignment completion | Kemi Osoba | A49 | Vocational Business assignment completion | Bekoe Newman | A49 | | Vocational Sport and Travel Tourism assignment completion | Danny Chilvers | A50 | Vocational Sport and Travel Tourism assignment completion | Danny Chilvers | A50 | | AS /A2 GraphicsExtend Diploma Year 2 Final Major Project | Mark Pearson | Art Rooms | AS /A2 GraphicsExtend Diploma Year 2 Final Major Project | Mark Pearson | Art Rooms | Spring Term Revision Schedule 2013-14 Week 1 | Tuesday 8th April | | Morning session 10.00-12.00 | Afternoon Session 1.00-3.00 | | Subject/course | Teacher | Room | Subject/course | Teacher | Room | | A2 Business (China Research Theme) | Nessa | A25 | AS Business | Nessa | A25 | | A2 Economics | Charles | G5 | AS Economics | Charles | | | AS Business | Sarah (11.00-12.30) | A39 | A2 Business (Higher level exam technique) | Sarah | A39 | | AS Law | Amina | A26 | | | | | Vocational Business assignment completion | Kemi Osoba | A49 | Vocational Business assignment completion | Bekoe Newman | A49...
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...Individual or Small Group Student Projects Contacting Community Partners When contacting an outside organization about a service-learning project, you want to make sure to maintain a professional attitude. So how do you make the first call? Below follows a possible introduction to use when calling and making that first contact with an agency of your choice. Hello, my name is _______________________. I am presently enrolled in a ___________course at [name of campus]. My [instructor or Student Success Lead] gave me your name and number. I am very interested in doing a service-learning project for your agency. I want to apply the _________skills I am learning in my _________class to the volunteer position. When can I meet with you to discuss this further? If you have to leave a message, don’t be discouraged. Because many nonprofit and community agencies are understaffed, they might not return your call right away. Persistence is important in regards to making contacts and starting your service experience. More Communication Tips: When speaking to the site supervisor… * Ask about the organization’s volunteer policies and training guidelines. It is possible that you need to fill out additional paperwork with their agency as well as the GU/MSB/UCC paperwork. * Explain the course objectives (provided in your course syllabus) and tell them that you have __ service-learning hours to fulfill for your course. * Tell them your availability. What times are best...
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