
Process analysis and design
1,) In a community of 100,000 adults, subscribers to the newspaper, the Tallahassee Democrat, tend to renew their annual subscription with probability 90% and persons presently not subscribing will subscribe for the next year with probability 0.2%. If the present number of subscribers is 1500, predict the annual subscription levels for each of the next three years?

Process analysis is a method that permits an unmistakable understanding of an organization's business processes to be acquired. There are a few critical stages to process analysis. Process analysis is a deliberate audit of all means and systems followed to play out a given movement. It is a depiction of the manner in which a specific assignment is done inside an association.
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- Room registrations in the Toronto Towers Plaza Hotelhave been recorded for the past 9 years. To project futureoccupancy, management would like to determine the math-ematical trend of guest registration. This estimate willhelp the hotel determine whether future expansion will beneeded. Given the following time-series data, develop aregression equation relating registrations to time (e.g., atrend equation). Then forecast year 11 registrations. Roomregistrations are in the thousands:arrow_forwardAn auditor used regression analysis to evaluate the relationship between utility costs andmachine hours. The following information was developed using a computer softwareprogram: Intercept 2,050 Standard error of estimate 200Regression 0.825 Number of observations 36Correlation coefficient 0.800 How much is the utility cost if the company’s 10 machines will use 2,400 hours next month?a. ₱3,830b. ₱3,970c. ₱4,030d. ₱4,050arrow_forwardTucson Machinery, Inc., manufactures numerically controlled machines, which sell for an average price of $14.0 million each. Sales for these NCMs for the past two years were as follows: Use Exhibit 3.10. QUARTER LAST YEAR I II III IV QUANTITY (UNITS) Y = 14 20 28 18 QUARTER THIS YEAR I II III IV QUANTITY (UNITS) 20 26 30 15 a. Find the equation of a simple linear regression line using Excel. (Round your answers to 3 decimal places.) > Answer is complete but not entirely correct. 18.535 X + 0.630 tarrow_forward
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