statistics business

  1. B

    how can I calculate the percentage

    Hello, I have been trying to search how to calculate the best percentage of wastage that its acceptable, and still get high Sale values by using the old data to calculate I have attached file. example of the answer. at 25% of wastage QTY is acceptable.
  2. K

    Real Life Problem - Removing Outliers from a large dataset of continuous data

    Hey there, I started a job recently and found myself working with data that has outliers. They need to be thrown out using microsoft access or microsoft excel. Here's the problem: there are truck drivers entering in their mileage every time they get gas at a pump. Almost all the data turns out...
  3. Z

    whether Y(employees injured) variation is due to X1(job function) or X2(population)

    Here is the actual question- There are 1000 employees in a firm, and the firm has four departments namely D1, D2, D3 and D4 with 100, 200, 300, 400 employees respectively. Now, each employee is explained about what constitutes an injury(for this experiment). Then, each employee is asked whether...
  4. A

    Help with the statistics solving

    Violations 0 0 1 2 3 4 5 >5 Fine A$1000 0 0 10 10 10 20 50 (Please note from the table that 0 violations = 0 fines, 1 violation = 0 fines, 2 violations = $10,000 fine, 3 violations = $10,000 fine, 4 violations = $10,000 fine, 5...
  5. W

    Finding the Target mean?

    Hi, I am taking an online Statistics course, and am having a hard time figuring out how to setup this problem. I would appreciate any help I can get, I am a statistics beginner and want to learn the steps in solving this questions. " San Juan Green Tea is sold in 1/2 liter ( 500 ML) bottles...
  6. K

    sampling based upon probability of event occurrence

    I have a sampling and probability question. A sub-assembly is assembled from 2 parts, A and B. Both are molded parts that are molded with 8-cavity molds. When a lot of either is made, the lot is comprised of equal parts from each of the 8 cavities. For A and B, 20,000 parts are made of...
  7. C

    Finding constant within Data Set

    I have a data set that tells me the sales data for every month for all products. Another data set that tells me the total quantity sold for all products. Then in a third data set is just total sales / quantity. Equal to sale per product. However, within the sales data set there is a...
  8. L

    Hypothesis testing - which method to use?

    Hi everyone, I am taking a introductory Statistics course for my business program. I have been given a case to work with and I am completely confused about it. A little help would be great! I am not looking for exact answers per say, but just some guidance on which methods to use. Here is the...