Note that Walmart's fiscal year starts the first week of February. This means that when analyzing the data, week 41 is actually week 45(41+4 weeks for January) in 2003 or the beginning of November 2003. Also, week 52 is actually week 4 (52+4 weeks for January 2003 minus 52 weeks for 2003) in 2004 or the end of January 2004.
1. Identify spikes(outliers) in the data where extreme (high or low) sales values occur and correlate these spikes with actual calendar dates in 2003 or 2004 and with any holidays or special events or abnormally slow periods that may occur during these periods.
| Week | Sales in $ |
| 41 | 18000 |
| 42 | 16800 |
| 43 | 15200 |
| 44 | 15000 |
| 45 | 13600 |
| 46 | 16000 |
| 47 | 12600 |
| 48 | 14800 |
| 49 | 16800 |
| 50 | 14800 |
| 51 | 15200 |
| 52 | 16000 |
| 53 | 15600 |
| 54 | 15600 |
| 55 | 15000 |
| 56 | 15700 |
| 57 | 15800 |
| 58 | 13800 |
| 59 | 12800 |
| 60 | 14400 |
| 61 | 15800 |
| 62 | 16000 |
| 63 | 12400 |
| 64 | 16200 |
| 65 | 17000 |
| 66 | 18600 |
| 67 | 16000 |
| 68 | 18000 |
| 69 | 19600 |
| 70 | 18600 |
| 71 | 18450 |
| 72 | 18000 |
| 73 | 18200 |
| 74 | 18600 |
| 75 | 16000 |
| 76 | 15200 |
| 77 | 16800 |
| 78 | 15800 |
| 79 | 17600 |
| 80 | 15800 |
| 81 | 15600 |
| 82 | 14200 |
| 83 | 16600 |
| 84 | 16100 |
| 85 | 14100 |
| 86 | 14400 |
| 87 | 14500 |
| 88 | 16900 |
| 89 | 17000 |
| 90 | 16000 |
| 91 | 17800 |
In: Statistics and Probability
In: Economics
Your answer should be between 300 and 500 words long for each question
section A
1. Discuss three elements of literature and give
examples from any of the texts studied in
class.
2. Analyze three sound or literary devices that Dylan
Thomas uses in the poem “Do Not
Go Gentle into that Good Night” to convey the theme of death.
3. Discuss Chinua Achebe’s Things Fall Apart as a tragedy.
4. Examine three major conflicts in William
Shakespeare’s Romeo and Juliet and
determine how the conflicts you identify contribute to the fatal
end of the two star-crossed lovers.
In: Psychology
Define and explain the relationship between total revenue, average revenue, and marginal revenue for a monopolist. What is monopoly profit? Should a monopolist produce quantities of product greater than that which would maximize profits?
In: Economics
What is the difference between a debt/income ratio and a debt serving ratio? What impact on both measures did the monetary policy from the late 1990s to 2004 have?
In: Economics
McEwan Industries sells on terms of 3/10, net 20. Total sales for the year are $1,643,000; 40% of the customers pay on the 10th day and take discounts, while the other 60% pay, on average, 74 days after their purchases. Assume 365 days in year for your calculations.
| Nominal cost: | % |
| Effective cost: | % |
In: Finance
The sales manager of a potato chip manufacturing company ltd noticed that the sales of a winning brand have been declining two months in a row. He interpreted the problem as ‘ineffective advertising’. He instructed the marketing researcher to investigate the efficiency of the advertising campaign. The researcher conducted an exploratory research and discovered that the retailer support had declined because of new competitive quality products which provided higher value and profit margins on sales. Retailers are therefore making more profit by selling the competitive quality product. This information made it clear to the researcher that an investigation of advertising effectiveness would not solve the problem instead re-definition of the problem was necessary. Subsequently, it was defined in conjunction with the sales manager as ‘competitive pricing based on quality and profit margins’. Furthermore, the researcher realized that there are many factors that contribute to the success of the company on the market place, aimed at satisfying the needs and wants of customers which are met by creating the quality products and adequate services. He, therefore concluded that marketing operates in a dynamic environment and is facing new challenges brought about by players new or old.
Source: Donald et al, (2006), Business research methods,
[12 Marks]
In: Operations Management
There were key similarities between the American economic crisis and the European crisis. As well as key differences.
Describe these similarities and differences. In your description of the similarities, explain key relationships between the causes of the crisis in the United States and the causes in Europe (for instance, how did the housing bubble contribute to the crises in both Europe and the United States? What were some of the key characteristics of the recessions in the United States and Europe? What were some of the key similarities in government policies and actions in response to the crisis? What are the three differences? Describe them.
In: Economics
Show all your results to three decimal places.
|
Year |
Y |
X1 |
X2 |
|
1996 |
72 |
$10 |
$2000 |
|
1997 |
81 |
9 |
2100 |
|
1998 |
90 |
10 |
2210 |
|
1999 |
99 |
9 |
2305 |
|
2000 |
108 |
8 |
2407 |
|
2001 |
126 |
7 |
2500 |
|
2002 |
117 |
7 |
2610 |
|
2003 |
117 |
9 |
2698 |
|
2004 |
135 |
6 |
2801 |
|
2005 |
135 |
6 |
2921 |
|
2006 |
144 |
6 |
3000 |
|
2007 |
180 |
4 |
3099 |
|
2008 |
162 |
5 |
3201 |
|
2009 |
171 |
4 |
3308 |
|
2010 |
153 |
5 |
3397 |
|
2011 |
180 |
4 |
3501 |
|
2012 |
171 |
5 |
3689 |
|
2013 |
180 |
4 |
3800 |
|
2014 |
198 |
4 |
3896 |
|
2015 |
189 |
4 |
3989 |
In: Economics
A menswear manufacturer knows that the height of all men is
normal with a mean of 69 inches and a standard deviation of 3
inches.
a) What proportion of all men have a height between 69 and 74
inches?
b) What proportion of all men have a height between 67 and 74
inches?
c) What is the 95th (and 99th) percentile of all men’s heights?
In: Statistics and Probability