Type of Error on Billing Statement Frequency Relative Freequeency Incorrect Items Billed 274 35.81% Missing Address 16 2.09% Incorrect Address 233 30.46% Past Payment Not Recorded 134 17.51% Wrong Customer Billed 51 6.66% Missing Phone Number 57 7.45% Total 765 What does this frequency table tell you, from the managerial perspective, about the most and the least common sources of errors? Which errors would you prioritize resolving, as a manager, if the cost of addressing each type of error is roughly the same?
Type of Error on Billing Statement Frequency Relative Freequeency Incorrect Items Billed 274 35.81% Missing Address 16 2.09% Incorrect Address 233 30.46% Past Payment Not Recorded 134 17.51% Wrong Customer Billed 51 6.66% Missing Phone Number 57 7.45% Total 765 What does this frequency table tell you, from the managerial perspective, about the most and the least common sources of errors? Which errors would you prioritize resolving, as a manager, if the cost of addressing each type of error is roughly the same?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Type of Error on Billing Statement | Frequency | Relative Freequeency | |
Incorrect Items Billed | 274 | 35.81% | |
Missing Address | 16 | 2.09% | |
Incorrect Address | 233 | 30.46% | |
Past Payment Not Recorded | 134 | 17.51% | |
Wrong Customer Billed | 51 | 6.66% | |
Missing Phone Number | 57 | 7.45% | |
Total | 765 |
What does this frequency table tell you, from the managerial perspective, about the most and the least common sources of errors? Which errors would you prioritize resolving, as a manager, if the cost of addressing each type of error is roughly the same?
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