Question

In: Finance

Questions 9-11 Sales report for 8 groups of workers by week Week Group 1 Group 2...

Questions 9-11

Sales report for 8 groups of workers

by week
Week Group 1 Group 2 Group 3 Group 4 Group 5 Group 6 Group 7 Group 8
1 983 983 914 744 967 711 131 827
2 951 10 229 725 339 809 48 664
3 568 503 364 540 258 881 702 280
4 96 976 406 704 475 405 881 471
5 919 619 781 194 240 844 753 341
6 650 890 782 402 970 542 640 10
7 127 742 25 532 428 168 635 807
8 899 109 632 635 859 671 676 172
9 275 925 13 311 778 623 879 502
10 917 565 891 856 687 615 765 58
11 575 156 691 101 286 322 658 217
12 726 707 173 778 469 260 277 642
13 681 918 40 996 822 894 805 191
14 799 806 611 494 167 31 30 156
15 733 116 514 604 253 682 811 643
16 0 255 107 331 797 917 713 339
17 567 206 874 744 158 537 127 548
18 865 950 285 990 52 633 979 176
19 753 499 271 847 230 994 242 933
20 372 752 223 639 718 17 181 177
21 268 872 59 940 443 264 88 290
22 318 104 298 95 345 250 13 232
23 937 676 23 494 384 141 564 421
24 110 217 473 673 363 879 388 729
25 405 974 77 980 57 658 606 215
26 172 640 497 976 108 860 294 56
27 153 946 930 333 432 240 481 585
28 647 604 79 571 953 284 943 301
29 90 866 149 403 994 8 659 922

Question 9 (21 points):

Data used: “Sales” sheet

This table report the sales for each group over a number of weeks.

You will have to create new tables that contain salary information for each group based on the below rules.

9a.          Each week, salary for each group is based on the schedule below:

   If Sales in a given week is less than 300 then salary for this week is 250

                If Sales in a given week is more than or equal to 300 then salary for this week is 450

Report the total dollar salary for all groups over the whole period. (5 points)

9b.          Each week, calculate the average Sales across 8 groups.

Each week, salary for each group is based on the schedule belo

If Sales in this week is More than 700 OR the average sales of this week (you just calculated) is more than 580 THEN salary for this week is 500.

                If not, salary is 300.

Report the total dollar salary for all groups over the whole period. (5 points)

9c.          Each week, calculate the average Sales across 8 groups.

Each week, salary for each group is based on the schedule below:

The Fix salary equal to 10% of sales

Also the Bonus/Penalty is determined following the rule below:

If Sales in this week is less than the average sales (you just calculated) OR less than 600 then penalty is -15% of the sales of this week. If not, bonus is 10% of the sales of this week.

Report the total dollar salary for all groups over the whole period. (5 points)

9d.          Each week, salary for each group is based on the schedule below:

                If sales less than 200 then salary is 10% of sales

                If sales more than or equal to 200 and less than 500 then salary is 15% of sales

                If sales more than or equal to 500 then salary is 20% of sales.

Report the total dollar salary for all groups over the whole period. (6 points)

Question10 (3 points):

Find the sum of all odd numbers from 1 to 1001. (3 points)

Question 11 (4 points):

Use https://finance.google.com/finance

For Walmart (WMT), what is the average gross profit margin over the most recent 4 years.

Remember to use annual data.

(4 points)

Solutions

Expert Solution

9 (a)

9 (b)

9 (c)

9 (d)

10)

Sum of first 4 odd numbers = 1+3+5+7= 16 = 4*4

Sum of first 5 odd numbers= 1+3+5+7+9 = 25 = 5*5

Similarly, Number of odd numbers from 1 to 1001 = (1001-1)/2 = 500

Sum of all odd numbers from 1 to 1001

= 500*500 = 250000

11)


Related Solutions

(10 pts) For the following data: Group 1 Group 2 3 5 2 9 1 8...
(10 pts) For the following data: Group 1 Group 2 3 5 2 9 1 8 8 12 4 9 Calculate the following: SS1 SS2 SSD SD Sx1-x2
Shoe Size 12 6 11 13 8 9 8 8 9 9 11 5 10 8...
Shoe Size 12 6 11 13 8 9 8 8 9 9 11 5 10 8 7 7 11 9 9 9 12 8 8 8 12 9 11 8 11 8 13 5 9 8 11 We need to find the confidence interval for the SHOE SIZE variable. To do this, we need to find the mean and standard deviation with the Week 1 spreadsheet. Then we can the Week 5 spreadsheet to find the confidence interval. This does...
Week 2 Discussion 1 Group One – Answer each of the questions below. 1. Numeric Rating...
Week 2 Discussion 1 Group One – Answer each of the questions below. 1. Numeric Rating Scale, Wong-Baker FACES Pain Rating Scale and the Faces Pain Scale are three Pain Rating Scales. Describe each of these scales. Which scale would be appropriate for different patient populations? Do these scales provide all the information needed for a complete pain assessment? What data is missing? (CSLO 1) 2. Discuss non-pharmacologic measures used to care for patients experiencing pain. Include patient teaching that...
A shoe company wants to test if three groups of workers have different salaries. Group (1):...
A shoe company wants to test if three groups of workers have different salaries. Group (1): 23, 41, 54, 66, 78 Group (2): 45, 55, 60, 70, 72 Group (3): 18, 30, 34, 40, 44 Use kruskall Wallis test with α = 0.05.
If the equilibrium wage is $9 in the market for hotel workers and $8 in the...
If the equilibrium wage is $9 in the market for hotel workers and $8 in the market for restaurant workers and both markets have similar elasticities of labor supply and demand, then a minimum wage of $10 in both markets will: a. cause more unemployment among restaurant workers than hotel workers. b. cause more unemployment among hotel workers than restaurant workers. c. cause the same amount of unemployment in both markets. d. have no effect in either market.
Considering the following time series data: Week 1 2 3 4 5 6 7 8 9...
Considering the following time series data: Week 1 2 3 4 5 6 7 8 9 10 Sales 8 11 14 19 16 10 8 12 14 16 Compute the naïve forecast and the three-week Moving Average and evaluate the forecast accuracy considering the Mean Absolute Error (MAE), Mean Squared Error (MSE) and the Mean Absolute Percentage Error (MAPE) for each of these two predictions. Compare both of them and determine which is the best model
There are 2100 workers in the Factory. They want to elect 9 people from a 11...
There are 2100 workers in the Factory. They want to elect 9 people from a 11 people group to form a standing committe of labor union. And the 9 people elected need to get at least 1050 votes each to make sure their election result is legible. The question is: At least, how many votes are needed to have 9 people from the group elected legibly?
Match No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14...
Match No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Player A 8 42 56 68 91 123 12 46 57 137 5 80 14 10 19 Player B 38 44 46 59 57 61 48 42 51 39 58 41 55 45 68 1. For the given data set representing the runs scored by two players in last 15 matches, conduct the following analysis: i. Which average you will use to summarize...
In a volunteer group, adults 21 and older volunteer between 1 and 9 hours each week....
In a volunteer group, adults 21 and older volunteer between 1 and 9 hours each week. The program includes people from a community college, a four-year college, and non-students. The leader of the group is interested in seeing if there is a relationship between the type of volunteer and the number of hours volunteered. She collected the following data below. Perform a hypothesis test to help her at 0.10 level of significance. 1-3 hours 4-6 hours 7-9 hours Community College...
The following sample was taken: 1, 9, 11, 3, 12, 15, 16, 8, 7, 8, 12,...
The following sample was taken: 1, 9, 11, 3, 12, 15, 16, 8, 7, 8, 12, 3, 2, 6, 6, 7, 8, 10, 9, 5, 6, 7, 8, 6, 8, 7 a. Calculate the average b. Estimate the variance c. Build a 95% confidence interval for the standard deviation. Please, give your answer by hand. Thanks in advance.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT