Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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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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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
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Queenstar Company manufactures smartphones and tablets. Its main customers are retailers who then sell to the general public. The company’s manufacturing is spread across five sits and goods are stored in its nine warehouses located across the country. You are an audit supervisor of Akof & Co and in preparation for the forthcoming audit for the year ending 30 June 20X7, you are reviewing the following notes your audit manager has provided you with in relation to the company’s internal controls.
Queenstar Company has a small internal audit (IA) department. During the year, the IA started a programme of physically verifying the company’s assets and comparing the results to the non-current assets register, as this type of reconciliation had not occurred for some time. To date only 15% of assets have had their existence confirmed as IA has experienced significant staff shortages and several members of the current IA team are new to Queenstar Company.
During the year, Queenstar Company…
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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