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Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Question
Chapter 14.2, Problem 7P
a)
Summary Introduction
To create: The pivot table that shows the average of each ratio.
Introduction: Simulation model is the digital prototype of the physical model that helps to
b)
Summary Introduction
To classify: The companies as bankrupt or not using logistic regression.
Introduction: Simulation model is the digital prototype of the physical model that helps to forecast the performance of the system or model in the real world.
c)
Summary Introduction
To classify: The companies as bankrupt or not using logistic regression use pair of accounting ratios.
Introduction: Simulation model is the digital prototype of the physical model that helps to forecast the performance of the system or model in the real world.
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Students have asked these similar questions
The director of a nonprofit ballet company is planning its next fundraising campaign. In recent years, the program has found the given percentages of donors and gift levels. These were used to develop a spreadsheet model to calculate the total amount donated. Use a one-way
data table to show how the amount varies based on the number of solicitations.
E Click the icon to view the ballet company fundraising model.
ballet company fundraising model
Fill in the missing values from the one-way data table to show how the amount varies based on the number of solicitations.
A
D
1 Ballet Company
(Simplify your answers. Type integers or decimals. Do not round.)
Solicitations
Total
Donations
Amount
$10,000
3 Gift Level
Average Number of Gifts
4 Benefactor
5 Philanthropist
6 Producer's Circle
7 Director's Circle
8 Principal
9 Soloist
3
$5,000
500
12
27
51
5%
12%
600
$1,000
$500
$100
$50
700
of solicitations
800
24
of solicitations
900
11 Solicitations
1,000
1000
12
13 Total Donations
$153,500
1100…
You are the general manager of a luxury car dealership. You are considering purchasing data from a data broker that collects data of high potential value to your dealership. In addition to providing a list of names, mailing addresses, and email addresses, the data include an approximate estimate of individuals’ annual income based on the zip code in which they live, census data, and highest level of education achieved. Using the data provided by the broker, you could establish an estimated annual income for each person on the list to identify likely purchasers of your dealership’s autos and then send emails to those potential customers. List the advantages and disadvantages of such a marketing strategy. Would you recommend this means of promotion in this instance? Why or why not?
Solve for the predicted values of y and the residuals for the following data.
Advertising
12.5
3.7
21.5
60.0
37.6
6.1
16.6
41.2
Sales
141
55
338
994
542
89
126
379
(Do not round the intermediate values. Round your answers to 4 decimal places, e.g. 1.7585.)
y
Predicted ( ŷ )
Residuals (y – ŷ )
12.5
141
3.7
55
21.5 338
60.0
994
37.6 141
6.1
89
16.6
126
41.2 379
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