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Essays 31 - 60

Confirming Understanding of Probability

come up on 1 die for the sum of two dice to be 3. As the sides of the dice are numbered from 1 to 6, the die would have...

Excel Baseball Case Study

Min $300,000 Range $6,200,000 San Francisco San Fransico Max $15,000,000 Min $300,000 Range $14,700,000 NY Mets NY Mets M...

Investment Risk

the potential of the company. In addition to the financial performance measured by ratios such as profit margins, the investors wi...

Statistical Testing

The t-test gives as a score of 1.5691772 and the p-value (which is a probability value) is 0.074085. From this result there is a s...

Simulation Model Statistical Case Study

are five main approaches to using probability. The first is the classical approach. Here there is the assumption that all outcomes...

Bayesian Logic and CoffeeTime's 'Borrow Information'

houses in closer proximity to the university or financial district turn a better profit than those in more outlying locations (whi...

Case Study on Cemex

However, when we look at this project there are many more complications, Cemex is not an Indonesian company and as such the net pr...

Statistical Analysis and Alpha Use

The statistical conclusion validity of a study measures the exact amount of validity shown by the test in a given situation. A te...

Questions on Statistics Topics Answered

79, 78, 50, 80, 98, 88, 79, 71, 57, 81, 41, 65, 50, 71, 91, 75, 60, 79, 79, 71, 65, 85, 64 for the following questions. Mean 71.88...

UK Value Determinants and Long Term Life Insurance and Short Term General Insurance

limited guarantees. The Financial Times (3/3/99) reported that when Norwich Union bought London & Edinburgh in October of 1...

A Streetcar Named Desire Film by Elia Kazan

is still a little to doubt that the cover up of her impending death is just not another part of her overall facade. Yet, because ...

History and Political Ramifications of Kosovo

In six pages this paper discusses the present political status of Kosovo in a consideration of the region's history, Albanian and ...

Carstab Chemical Manufacturer's Quantitative Approaches

it also has direct applicability to daily life and business. Indeed, the entire management school exemplified by Total Quality Ma...

Sex Survey Statistical Analysis

analysis show to be untrue. Using linear regression and correlation, one can see that some of the numbers given in Ms. Smiths ar...

Arguing Against Capital Punishment

In six pages this paper argues that the high probability of error is sufficient to abolish capital punishment in the United States...

Decision Making and Hazard Insurance

In seven pages this report discusses risk protection as a major underlying role factor of hazard insurance and discusses decision ...

Questions on Inventory and Supply Chain Management

(CSR). Formerly little more than the means of getting goods from one place to another, logistics management has the ability to pl...

Real World Application of Inferential Tests

seventy-nine percent for those who did not work out. This would reduce the inferences to only two possible choices: Exercising in ...

The Impact of the Inflation Statement Of May, 2003

to hear its prognostication for the near future (Gosselin, 2003), indicating how "the Fed would be forced into deflation-fighting ...

An Example of How a Decision under Uncertainty May Be Assessed in the Business Environment

has been built, and more potential customers are travelling away from the store (Kotler and Keller, 2008). One of the first appro...

The Use of Statistical Analysis to Cut Costs

these past sales statistics to give an indication on the potential for a sale to be lost because the delivery cannot take place on...

Forecasting Stock Needs using Statistics

the same general trend will be seen, this is usually performed using the ordinary least squares (OLS) method (McCullagh and Nelder...

Third Cycle Investment Recommendation for Aquine

chance that the watch will pass the certification. This is a doubling of the chances of failure from 1 in 3 to 2 in 3, and as such...

The Echelon Surveillance System

United States, pursuant to various treaties" ("NSA Watch: Echelon FAQ," n.d.). It is easy to see that well-known global intelligen...

Decisions Influencing Home Ownership

demand the process for the homes on the market has also increased and constrained the buyers in terms of affordability (Nellis and...

Business Decisions and Statistical Analysis

it is often necessary for organizations to make decisions in the absence of certainty. Practically speaking, certainty is almost t...

Drawing and Using a Decision Tree

Decision trees can be useful tool when making decisions. The writer looks at what a decision tree can do, and then uses a scenari...

Risk Management Questions

the frequency of unexpected accidents or incidences, such as type blowouts and incidences of air range in passengers. Knowing the ...

USING BAYESIAN THEORY TO DETERMINE A POTENTIAL OUTCOME

of a hurricane occurring to any degree of accuracy). The theorem helps us better understand what were up against and tries to elim...

Life and Theoretical Contributions of Pierre de Fermat

the work of Apollonius concerning plane loci (Ball Fermat.html). In his youth, Fermat was friends with the French scientis...