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- Question 3 Shoprite is a busy center for residents in East Legon and its surrounding community. Assume that 2 customers arrive every 12 minutes and 3 customers are served every 15 minutes and that currently, there is only one cashier. (i).Determine the average waiting time in minutes before service begins. (ii). Advice the management the proportion of the time that a customer has to wait. (B). Management perceives that the waiting time computed in (ii) above is not acceptable and is faced with two options. Management can either employ an assistant for the cashier or open a second cash machine. The former, if implemented, will enable 4 requests to be served every 15 minutes and the assistant will receive a monthly salary of GH₵160. The latter, if implemented will improve the arrival rate to 1 customer every 12 minutes. However, it requires an initial capital outlay of GH₵3000 and the cashier who will operate the cash machine will receive a monthly salary of GH₵250. The shop…Question 10. Question 11 When asked what bothers them most about living with another person, women responded: Characteristic Frequency Sloppiness 4 Uneven sharing of chores 20 Irritating personal habits 7 Invasion of Privacy 19 If you were to create a Pareto chart, what would be the order of the characteristics when read from left to right? Group of answer choices Uneven sharing of chores, Irritating personal habits, Invasion of Privacy, Sloppiness Uneven sharing of chores, Invasion of Privacy, Irritating personal habits, Sloppiness Sloppiness, Irritating personal habits, Invasion of Privacy, Uneven sharing of chores Sloppiness, Invasion of Privacy, Irritating personal habits, Uneven sharing of chores Irritating personal habits, Sloppiness, Uneven sharing of chores, Invasion of Privacy Invasion of Privacy, Uneven sharing of chores, Sloppiness, Irritating personal habits Question 15 A random sample of men were weighed and found that the…The following payoff table provides profits based on various possible decision alternatives and various levels of demand. ALTERNATIVE DEMAND LOW MEDIUM HIGH Alternative 1 40 80 150 Alternative 2 80 120 130 Alternative 3 100 100 100 a. Which alternative would a pessimist choose? b. Which alternative would an optimist choose? c. Which alternative should be chosen using the Hurwicz decision criterion with α = 0.4?
- In a particularly small region in the Philippines, the consumer price index C depends onQuestion 12: at the 5% significance level, determine if the average debt is more than $30,000 for any student that would attend the university and complete a bachelor’s. Give the hypotheses.A study regarding the average cost of online streaming services in two states (A and B) is conducted. The results are shown in the following table. X and Y are independent.
- Question 4(A)A and C mall is a busy centre for residents in East Legon and itssourrounding community. Assume that 2 customers arrive every 12 minutesand 3 customers are served every 15 minutes and that currently, there is onlyone cashier.a) Determine the average waiting time in minutes before service begins. b) Advice the management the proportion of the time that a customer hasto wait. (B). Management perceives that the waiting time computed in (ii) above isnot acceptable and is faced with two options.Management can either employ an assistant for the cashier or open a secondcash machine.The former, if implemented, will enable 4 requests to be served every 15minutes and the assistant will receive a monthly salary of GH₵160. Thelatter, if implemented will improve the arrival rate to 1 customer every 12minutes.However, it requires an initial capital outlay of GH₵3000 and the cashierwho will operate the cash machine will receive a monthly salary of GH₵250.The shop avoids a loss in…A mining company finds that daily lost-work injuries averages to 1.2. If the local union contract has a clause requiring that the mine be shut down as soon as three workers incur lost-work injuries, on what percentage of the days will the mine be operational throughout the day?Answer question #9. Show the graph of the rejection region.
- If an economist wishes to determine whether there is evidence that average family income in a community exceeds $25,000. The best alternative hypothesis is: A. μ ≤ 25,000. B. μ ≥ 25,000. C. μ = 25,000. D. μ > 25,000.If you are interested in how well students perform on a standardized math-achievement test after they have completed a six-week math unit in either a computer-assisted class, a videotaped course, or a regular classroom, what kind of design do you have?Select one: a. time-series b. cross sectional c. panel Business School Full-Time Enrollment Students per Faculty Local Tuition ($) Foreign Tuitiion ($) English Test Work Experience Starting Salary ($) 1 Melbourne Business School 200 5 24,420 29,600 No Yes 71,400 2 University of New South Wales (Sydney) 228 4 19,993 32,582 No Yes 65,200 3 Indian Institute of Management (Ahmedabad) 392 5 4,300 4,300 No No 7,100 4 Chinese University of Hong Kong 90 5 11,140 11,140 No No 31,000 5 International University of Japan (Niigata) 126 4 33,060 33,060 Yes No 87,000 6 Asian Institute of Management (Manila) 389 5 7,562 9,000 No Yes 22,800 7 Indian Institute of Management (Bangalore) 380 5 3,935 16,000 No No 7,500 8 National University of Singapore 147 6 6,146 7,170 Yes Yes 43,300 9 Indian Institute of Management (Calcutta) 463 8 2,880 16,000 No No 7,400 10 Australian National University (Canberra) 42 2 20,300 20,300 Yes Yes 46,600 11 Nanyang Technological…