Questions
2. To raise awareness of its capabilities, FedEx developed a sales promotion that was sent to...

2. To raise awareness of its capabilities, FedEx developed a sales promotion that was sent to selected offices. To assess the possible benefit of the promotion, FedEx pulled the shipping records for a random sample of 50 offices that received the promotion and another random sample of 75 that did not and collected data on the number of mailings. They want to see if those who received the sales promotions shipped more mailings. The complete set of results is provided below (promotions columns). a. State the null and alternate hypotheses. b. Run the test. Paste the test output and state your decision (minitab - Stat-paired T-Test and CI). c. What is the best estimate for the population difference in means for the number of mailings between offices with the promotion and offices without the promotion? (Be 90% confident in your estimate for the confidence interval). d. Interpret the confidence interval in part c. e. What is the margin of error associated with 90% confidence interval?

Promotion   Mailings
Promotions_NO   15
Promotions_NO   49
Promotions_NO   42
Promotions_NO   22
Promotions_NO   26
Promotions_NO   35
Promotions_NO   38
Promotions_NO   13
Promotions_NO   35
Promotions_NO   14
Promotions_NO   5
Promotions_NO   64
Promotions_NO   27
Promotions_NO   57
Promotions_NO   50
Promotions_NO   43
Promotions_NO   32
Promotions_NO   39
Promotions_NO   13
Promotions_NO   19
Promotions_NO   47
Promotions_NO   45
Promotions_NO   38
Promotions_NO   59
Promotions_NO   35
Promotions_NO   8
Promotions_NO   10
Promotions_NO   58
Promotions_NO   44
Promotions_NO   9
Promotions_NO   10
Promotions_NO   0
Promotions_NO   42
Promotions_NO   37
Promotions_NO   23
Promotions_NO   12
Promotions_NO   54
Promotions_NO   41
Promotions_NO   36
Promotions_NO   43
Promotions_NO   45
Promotions_NO   18
Promotions_NO   65
Promotions_NO   10
Promotions_NO   17
Promotions_NO   59
Promotions_NO   26
Promotions_NO   18
Promotions_NO   8
Promotions_NO   14
Promotions_NO   74
Promotions_NO   29
Promotions_NO   60
Promotions_NO   19
Promotions_NO   30
Promotions_NO   29
Promotions_NO   12
Promotions_NO   0
Promotions_NO   20
Promotions_NO   31
Promotions_NO   13
Promotions_NO   5
Promotions_NO   7
Promotions_NO   42
Promotions_NO   36
Promotions_NO   9
Promotions_NO   23
Promotions_NO   70
Promotions_NO   28
Promotions_NO   25
Promotions_NO   26
Promotions_NO   24
Promotions_NO   50
Promotions_NO   7
Promotions_NO   0
Promotions_YES   38
Promotions_YES   74
Promotions_YES   18
Promotions_YES   65
Promotions_YES   60
Promotions_YES   51
Promotions_YES   71
Promotions_YES   47
Promotions_YES   29
Promotions_YES   39
Promotions_YES   45
Promotions_YES   36
Promotions_YES   57
Promotions_YES   36
Promotions_YES   12
Promotions_YES   20
Promotions_YES   23
Promotions_YES   79
Promotions_YES   16
Promotions_YES   4
Promotions_YES   62
Promotions_YES   37
Promotions_YES   2
Promotions_YES   23
Promotions_YES   6
Promotions_YES   10
Promotions_YES   28
Promotions_YES   65
Promotions_YES   25
Promotions_YES   86
Promotions_YES   27
Promotions_YES   58
Promotions_YES   33
Promotions_YES   54
Promotions_YES   40
Promotions_YES   92
Promotions_YES   71
Promotions_YES   0
Promotions_YES   77
Promotions_YES   60
Promotions_YES   56
Promotions_YES   38
Promotions_YES   16
Promotions_YES   89
Promotions_YES   62
Promotions_YES   9
Promotions_YES   42
Promotions_YES   73
Promotions_YES   49
Promotions_YES   14

In: Statistics and Probability

A global manufacturing company has hired a supply chain management consulting company to review its supply...

A global manufacturing company has hired a supply chain management consulting company to review its supply chain. The consulting company has recommened the manufacturer to conduct periodic review of its logistics network design and optimize its network of warehouses.

(i) Discuss why the manufacturer should periodically review its logistics network design.

(ii) Discuss the advantages of having a small number of centrally located warehouses and having a large number of warehouses closer to the customers.

In: Operations Management

Explain why the present value of a cash flow stream, and the asset associated therewith; fluctuate...

  1. Explain why the present value of a cash flow stream, and the asset associated therewith; fluctuate in value with the level of interest rates in the capital markets.

     2.   List and explain the points of financial impact on a company if it raises the credit standards required of its customers who utilized trade credit offered by the

           company.

  1. Define Weighted Average Cost of Capital and explain why a company must earn at least its Weighted Average Cost of Capital on new investments. What are the financial implications if it does not?

In: Finance

How to do survival analysis in excel with this data Life expectancy of males in years...

How to do survival analysis in excel with this data

Life expectancy of males in years from 2005 to 2015

Country 2005, LE-M (years) 2015, LE-M (years)
Afghanistan 55.8 61.1
Albania 72.3 75.6
Algeria 70.1 74.1
Angola 47.5 57.4
Antigua and Barbuda 71.5 73.3
Argentina 70.6 72.2
Armenia 69.1 70.6
Aruba 71.5 72.9
Australia 77.8 80.2
Austria 75.9 78.4
Azerbaijan 64.6 68.6
Bahamas 70 72
Bahrain 74.2 75.6
Bangladesh 66.2 69.8
Barbados 71.4 72.9
Belarus 62.3 66.5
Belgium 75.3 78
Belize 65.7 67.2
Benin 54.6 58.5
Bhutan 62.7 68.6
Bolivia (Plurin. State of) 60.1 65.3
Bosnia and Herzegovina 72 73.7
Botswana 47.3 59.8
Brazil 67.3 71
Brunei Darussalam 74.2 75.1
Bulgaria 68.8 70.8
Burkina Faso 50.5 58
Burundi 50.3 54.2
Cabo Verde 69.5 70.1
Cambodia 58.5 65.5
Cameroon 50.6 55.1
Canada 77.2 79.7
Central African Republic 42.5 47.8
Chad 46.8 50.5
Channel Islands 76 78.7
Chile 74.3 76.2
China 71.7 74.2
China, Hong Kong SAR 78.5 80.5
China, Macao SAR 78.2 80.3
Colombia 68 70.2
Comoros 58 61.2
Congo 51.1 61
Costa Rica 75.5 76.7
Côte d'Ivoire 45.9 50.4
Croatia 71.4 73.6
Cuba 75.3 77.1
Curaçao 71.2 74.5
Cyprus 76.3 77.7
Czechia 72.2 75.1
Dem. People's Rep. Korea 64.2 67.2
Dem. Rep. of the Congo 50.4 56.7
Denmark 75 78.1
Djibouti 55.9 60
Dominican Republic 68.1 70.2
Ecuador 70.7 72.8
Egypt 66.7 68.7
El Salvador 65 67.9
Equatorial Guinea 52.3 55.5
Eritrea 54.7 61.4
Estonia 66 71.9
Ethiopia 52.3 61.9
Fiji 65.5 66.9
Finland 74.9 77.7
France 75.8 78.8
French Guiana 72.8 76.1
French Polynesia 70.7 74
Gabon 58.3 63.1
Gambia 55.9 59.1
Georgia 68.9 68.5
Germany 75.6 77.9
Ghana 56.7 60.7
Greece 76.4 78
Grenada 68.5 70.8
Guadeloupe 74.3 76.8
Guam 73.6 76.4
Guatemala 65.7 69.2
Guinea 51.3 57.5
Guinea-Bissau 52 54.3
Guyana 62.6 64
Haiti 56.5 60.2
Honduras 68.6 70.4
Hungary 68.3 71.7
Iceland 78.8 80.6
India 62.7 66.2
Indonesia 64.9 66.6
Iran (Islamic Republic of) 70 74
Iraq 66.9 67
Ireland 75.3 78.7
Israel 77.4 80
Italy 77.3 79.9
Jamaica 70.1 73.1
Japan 78.3 80
Jordan 70.8 72.2
Kazakhstan 59.1 64.3
Kenya 51 63
Kiribati 61.6 62.4
Kuwait 72.6 73.5
Kyrgyzstan 63 66.4
Lao People's Dem. Rep. 59 63.9
Latvia 65.2 68.8
Lebanon 73.9 77.3
Lesotho 44.7 50.1
Liberia 51.6 59.8
Libya 69.1 68.8
Lithuania 65.7 68.5
Luxembourg 75.1 78.8
Madagascar 58.8 63
Malawi 45.7 58.2
Malaysia 71.2 72.6
Maldives 71.1 75.4
Mali 49.3 55.6
Malta 76.8 78.6
Martinique 75.5 77.8
Mauritania 58.6 61.2
Mauritius 68.9 70.7
Mayotte 73 76
Mexico 72.4 74
Micronesia (Fed. States of) 66.9 67.7
Mongolia 60.8 64.5
Montenegro 70.6 74
Morocco 68.5 73.7
Mozambique 47.9 54
Myanmar 60.9 63.7
Namibia 51.7 59.1
Nepal 62.9 67.4
Netherlands 76.2 79.4
New Caledonia 71.3 73.7
New Zealand 76.8 79.5
Nicaragua 68 71.4
Niger 50.8 57.6
Nigeria 46.1 51.2
Norway 76.8 79.5
Oman 71.4 74.5
Pakistan 62.5 65
Palau 66.3 68.1
Panama 73 74.3
Papua New Guinea 60.3 62.6
Paraguay 68.7 70.7
Peru 69 71.5
Philippines 64.4 65.4
Poland 70.4 72.9
Portugal 74.1 77.3
Puerto Rico 72.7 75.2
Qatar 75.6 76.9
Republic of Korea 73.6 77.9
Republic of Moldova 63.6 66.7
Réunion 73 76
Romania 67.9 71.4
Russian Federation 58.6 64.7
Rwanda 49.6 63.1
Saint Lucia 70.1 72.2
Saint Vincent & Grenadines 68.3 70.7
Samoa 67.2 71.1
Sao Tome and Principe 62 64.1
Saudi Arabia 71.5 72.7
Senegal 57.3 63.8
Serbia 69.4 71.8
Seychelles 67.9 68.7
Sierra Leone 40.1 49.7
Singapore 76.7 80.1
Slovakia 69.8 72.7
Slovenia 72.8 77.3
Solomon Islands 63.5 68.3
Somalia 50 53.3
South Africa 51.2 56.1
South Sudan 49.1 54.1
Spain 76.5 79.6
Sri Lanka 69.6 71.2
State of Palestine 69.5 71.1
Sudan 57.5 62.1
Suriname 64.8 67.8
Swaziland 44.2 51.6
Sweden 77.9 80
Switzerland 77.7 80.5
Syrian Arab Republic 71.4 64.4
Tajikistan 63.6 67.7
TFYR of Macedonia 71.3 73.2
Thailand 67.7 70.8
Timor-Leste 60 66.1
Togo 53 58.3
Tonga 68.8 69.6
Trinidad and Tobago 65.1 66.9
Tunisia 71.4 73
Turkey 68 71.5
Turkmenistan 60.3 63.9
Uganda 47.8 56.5
Ukraine 61.9 66.1
United Arab Emirates 74.1 76
United Kingdom 76.1 79
United Rep. of Tanzania 52 60.8
United States of America 74.5 76.5
United States Virgin Islands 74.9 76.7
Uruguay 71.6 73.3
Uzbekistan 64.5 68.1
Vanuatu 66.7 69.4
Venezuela (Boliv. Rep. of) 68.8 69.9
Viet Nam 68.9 70.7
Western Sahara 62.3 66.9
Yemen 59.7 62.8
Zambia 45.3 57.5
Zimbabwe 42.7 56.1

In: Statistics and Probability

Discuss the concept of Economic Order Quantity? If a company has too many items in inventory,...

Discuss the concept of Economic Order Quantity? If a company has too many items in inventory, how would this affect its cash flow. What are some of the ways you would maintain an efficient inventory without running out of items for your customers?

In: Accounting

What conclusion can we draw from the customer profit analysis? Advise the management of the Floral...

  1. What conclusion can we draw from the customer profit analysis? Advise the management of the Floral Art Company as to whether any changes should be made in its relationships with customers. Advise Hector as to how he should go about executing these changes.

In: Accounting

Why must amounts received in advance from customers be deferred? a. The customer may not pay...

Why must amounts received in advance from customers be deferred?

a. The customer may not pay the entire balance due

b. The company receiving payment has not earned the amount

c. The customer has a right of return

d. All of the above are reasons to defer

In: Finance

Imagine you are working for a company that sells teleconferencing equipment. Draft a value proposition (list...

Imagine you are working for a company that sells teleconferencing equipment. Draft a value proposition (list at least ten) for selling your equipment to a sales manager who has ten salespeople traveling two weeks a month to visit customers all over the country.

In: Operations Management

Many European governments are reluctant to allow online betting in an attempt to protect their national...

Many European governments are reluctant to allow online betting in an attempt to protect their national gambling businesses. A recent study found that seven countries out of the 27 in the European Union banned online gambling. Of the other 20 only 13 have opened their markets to competition; in the rest gambling is dominated by monopolies owned or licensed by the government. In the Netherlands, for example, residents can only place online bets with a state monopoly: De Lotto. The Ministry of Justice even warned banks in the country that they could be prosecuted if they transferred money to online gambling companies. Other countries have ordered online betting companies to block access to their sites. Their governments argue that this is to protect people from gambling excessively. However the revenue they gain from their own monopolies should not be ignored as a possible motive.

1. If governments believe that gambling is bad for their citizens then in economic terms how would you classify this service?

2. Why might governments want to protect their own monopolies in the gambling sector?

3. What might be the effect of greater competition in the gambling industry in these countries?

4. How does this relate to natural monopolies in the U.S.?

5. What are the market structure implications?

6. What are other relevant examples can be applied and discussed?  

In: Economics

data:highrate trickling filter pipe dia = 30m deep = 1m swage flow = 4.5mld recirulation ratio...

data:highrate trickling filter

pipe dia = 30m

deep = 1m

swage flow = 4.5mld

recirulation ratio = 1.4

bod of raw sewage = 250mg/l

bod removed in primary clarifier = 25%

efficiency?

(ans:74%)

In: Civil Engineering