Spreadsheet Modeling & Decision Analysis: A Practical Introduction To Business Analytics, Loose-leaf Version
Spreadsheet Modeling & Decision Analysis: A Practical Introduction To Business Analytics, Loose-leaf Version
8th Edition
ISBN: 9781337274852
Author: Ragsdale, Cliff
Publisher: South-Western College Pub
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Arçelik Refrigerator Production Inc. manufactures various types of refrigerators. Currently, it has produced the AA-No Frost type refrigerator and wants to do a research on its market value. The company identified its 6-person expert housewife customer and requested the valuation of the AA-No Frost refrigerator. These customers use a similar type of General Electric refrigerator, and the General Electric refrigerator value is -0.5352 in the valuation of this refrigerator. Values ​​are determined out of 1000. According to this information, what is the value of the AA-No Frost refrigerator? What does it mean when compared to General Electric?
Identify the dependent and independent variable
solve a and b The following table shows the rank attained by male and female officers in the NewYork City Police Department (NYPD).a)  Do these data indicate that men and women are equitably represented at all levelsof the department? Test using a p-value approach.                                                       Male FemaleOfficer               21,900 4281Detective             4058 806Sergeant              3898 415Lieutenant          1333 89Captain                  359 12Higher ranks         218 10     b) There are far more men than women in the police force in general. However, the NYCPolice Commission has set itself certain goals with respect to the positions of the femalesamong its ranks. Across the females they aim to target the same proportion by rank asthey do among the males. The target proportions by category are:(1) Officer – 70% (2) Detectives – 15% (3) Sargent – 10%(4) Lieutenant – 3% (5) Captain – 1% (6) Higher – 1%Conduct a test to determine whether the proportions,…
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