The Empirical Rule tells us that … a) __________ of the data lies within 1 standard deviation of the mean b) __________ of the data lies within 2 standard deviation of the mean c) __________ of the data lies within 3 standard deviation of the mean
Q: Mercy's corporate data model benefits? Is Mercy's entrance into big data making a well-designed…
A: An American non-profit healthcare company called Mercy runs hospitals, clinics, and other healthcare…
Q: Determine the three categories of companies that would have a difficult time competing successfully…
A: Online shopping can be defined as the shopping activity where individuals search and purchase…
Q: Big Data can be analyzed, whether or not it is sifted and organized by quality. True False…
A: Big Data has become a buzzword in the business world in recent years. It refers to the vast amount…
Q: Please, help answer these questions 1. Identifies all the relevant facts of the case. 2.…
A: Disclaimer: Since you have posted a question with multiple sub-parts, so we will solve first three…
Q: How can an organization effectively manage its workforce, including issues related to training,…
A: The workforce is one of the most valuable assets of any organization. To succeed in today's rapidly…
Q: Discussion Question: Must Giving suitable examples/graphs for each question. 1. Discuss what…
A: International trade refers to the exchange of goods and services between different countries. It has…
Q: 10+ What is your favorite brand - local or global - and what is your most memorable experience with…
A: My favorite global brand is Zara. Zara is a global fashion brand that offers a range of affordable…
Q: The success of a sales promotional campain may largely hinge on the partnering entities. From your…
A: Nivea and Spar have partnered in South Africa to run a sales promotion campaign aimed at increasing…
Q: Recognise the core elements of purchasing ERP systems and databases.
A: When an organization decides to acquire an Enterprise Resource Planning (ERP) system or a database,…
Q: What are 6 terms associated with domestic and global implecations?
A: Domestic and global implications are an important aspect of business and marketing strategies that…
Q: Wha is something agreeable and diagreeable about this summary? In this article they go into…
A: The article provides an overview of fair trade and its growth in popularity in the marketplace,…
Q: Why is Pinterest's primary competition Google? Why does Pinterest create new features and products…
A: Pinterest provides various services like photographs, references and so on. Pinterest produce…
Q: What are the benefits of using artificial intelligence and machine learning in CRM systems, and how…
A: Artificial intelligence (AI) and machine learning (ML) can offer significant benefits to CRM…
Q: What precisely is meant by the term "social commerce," and what factors are contributing to the…
A: Social commerce refers to the use of social media platforms to facilitate the buying and selling of…
Q: Organization: Starbucks Questions: 1. Identify its operations strategy by analyzing its actions in…
A: Starbucks is a global coffeehouse chain that has built a reputation for delivering high-quality…
Q: How you think about using service blueprinting to examine a current service operation? Do you think…
A: Service blueprinting is a visual tool that allows organizations to map out the customer journey and…
Q: If you could create a company-specific dashboard, what would it show?
A: A customized dashboard designed specifically for a company provides a graphical representation of…
Q: Give an explanation of two recent advances in computer technology that have helped to improve the…
A: The term technology means the procedures, conceptual frameworks, and apparatus resulting from the…
Q: Business case, Sustainable Products E-commerce Store(package free shop): As more people become…
A: As the world becomes increasingly aware of the impact of human activity on the environment, the…
Q: Data collection strategy prior to data entry?
A: Data collection is the process of gathering data to get only useful information and not useless…
Q: What are the differences between strategic controls and financial controls and what is the…
A: Strategic controls and financial controls are both important tools for managing and directing…
Q: You are a group of Marketing Management consultants that have been contracted and you are to create…
A: Executive Summary: Our consulting team has conducted a comprehensive analysis of the Jamaican market…
Q: The six main types of organisations should be named. Can studies be built on top of your hypothesis?…
A: There are six main types of organizations, including sole proprietorship, partnership, corporation,…
Q: What distinguishes clustering indexes from secondary indexes?
A: Indexing is a data format that allows analysts to quickly retrieve records from a website file. The…
Q: Explain why E-Commerce Security is important to support Payment Systems for E-Commerce. Use examples…
A: Since you posted multiple questions, we will solve the first question for you as per our Honor code.…
Q: Explain the difference between transportation systems evaluation and transportation project…
A: Planning, designing, and building infrastructure and systems to facilitate the movement of people…
Q: In terms of both features and non-features, what do you believe an ideal online store would need to…
A: An online store is a business store that sells products and services to customers through online…
Q: Which of the following is true of technology and weather forecasting? Group of answer choices None…
A: Technological advancements refers to the improvement or innovation of technology over time,…
Q: Describe the many stages that are involved in the processing of data.
A: Data processing is a very crucial thing for business entities nowadays. In the absence of data…
Q: Give 2 Example of ballpark figures conversation *senario anything about in company *conversation…
A: Ballpark figures are rough estimates that are used to give an idea of a particular value or…
Q: Explain,, How can a firm create effective marketing campaigns for segmented markets?
A: Segmentation is the process of dividing a larger market into smaller groups of consumers with…
Q: Please give 3-5 unique and good business name for Betondis (B2B business) for rebranding.
A: Some unique business names for Betondis (B2B business) for re-branding Betondis is a platform…
Q: a. Explain 10 import activities that carried out at Turkey. b. Explain 10 challenges of export and…
A: Turkey is a country that heavily relies on imports due to its limited domestic production capacity…
Q: True or False: The decision made during the design process have a great effect on the cost of a…
A: The procedure used to develop a product or solve an issue step by step is called the design process.…
Q: How can companies use post-purchase behavior to inform their marketing and product development…
A: Post-purchase behavior refers to the actions, thoughts, and feelings that a customer experiences…
Q: How surprising is it that a little firm like Sunny Delight has so many analytics tools? How has…
A: A software that helps organizations analyze their businesses by providing relevant data in the form…
Q: Choose a large global company. Prepare an 875-to 1,050-word paper in which you discuss the following…
A: Reference(s) to research article must not be provided in the solution as per our Q&A guidelines.…
Q: Currently, private banking sector started to recognize the importance of branding themselves to…
A: Let's take the example of "HSBC Private Banking," a global private banking and wealth management…
Q: Famous Names and New Media Entities Summary of the Product's Performance on the Shelf Online…
A: An online storefront is actually the solution for traditional traders who ought to have an online…
Q: How is online analytical processing (OLAP) implemented?
A: A method for swiftly and simply analyzing massive amounts of data from many angles is called online…
Q: Identify FIVE (5) objectives for the adoption of IFMIS
A: IFMIS stands for "Integrated Financial Management Information System." It is a software-based…
Q: Analyse how organisations use information systems?
A: Organizations use information systems (IS) to manage and process data efficiently and effectively.…
Q: Do you think you could explain why identification is still such a hard problem in the current…
A: The explanation is discussing the challenges and complexities of identification in the current…
Q: Explain the risks and benefits of e-mail communication. Explain the importance of educating…
A: Email is a way for people to communicate electronically through the internet. One or more recipients…
Q: What are the two different kinds of services that people who utilise the Internet may take use of?…
A: Because of increase in the usage of mobile phone, Use of internet are growing at very fast rate.…
Q: What is search engine marketing—and how does it differ from traditional marketing
A: Marketing refers to the group of activities that aim to provide goods and services to the consumers…
Q: Topic: Determing the effect of influencer marketing on E-commerce growth in small businesses.…
A: In recent years, the use of influencer marketing has become increasingly popular in the e-commerce…
Q: What benefits does it provide to the consumer when a product is bundled with a service?
A: The Product-service bundle is a combination of two or more products & services generally with a…
Q: What are the advantages of integrating information and communications technology into educational…
A: The term information and communication technology is concerned with the use of technologies and…
Q: Find a company whose brand extension is successful. Describe its brand extension in details and…
A: Brand extension refers to the strategy where company use one of its existing brand name on new…
The Empirical Rule tells us that …
- a) __________ of the data lies within 1 standard deviation of the mean
- b) __________ of the data lies within 2 standard deviation of the mean
- c) __________ of the data lies within 3 standard deviation of the mean
Step by step
Solved in 3 steps
- The Baker Company wants to develop a budget to predict how overhead costs vary with activity levels. Management is trying to decide whether direct labor hours (DLH) or units produced is the better measure of activity for the firm. Monthly data for the preceding 24 months appear in the file P13_40.xlsx. Use regression analysis to determine which measure, DLH or Units (or both), should be used for the budget. How would the regression equation be used to obtain the budget for the firms overhead costs?Which of the following is a probability sampling method? a.Cluster sampling b.Quota sampling c.Snowball sampling d.Convenience sampling e.Judgement samplingA technique for the study of interrelationships among variables, usually for the purposes of data reduction and the discovery of underlying constructs or latent dimensions is known as: a. Factor Analysis b. Structural Model Analysis c. Multiple linear regression d. Reliability Analysis
- In the context of data patterns in a time series, ___________ is the unexplained deviation of a time series from a predictable pattern: Select one: a. inexplicable variation b. regular variation c. random variation d. seasonal variation e. irregular variationWhat is the meaning of x ~ N (50, 20)? 1. Sampling distribution of x is distributed with a mean of 20 and a standard deviation of 50 2. x-bar is normally distributed with a mean of 20 and a standard deviation of 50 3. x is normally distributed with a mean of 50 and a standard deviation of 20 4. Sampling distribution of x is distributed with a mean of 50 and a standard deviation of 20Bias is a synonym for Mean Absolute Deviation. True False
- What is the meaning of x ̅ ~ N (50, 2)? 1. The Sampling distribution is distributed normally with a mean of 50 and a standard deviation of 2 2. Sampling distribution of x is distributed normally with a mean of 2 and a standard deviation of 50 3. x is normally distributed with a mean of 50 and a standard deviation of 2 4. x-bar is normally distributed with a mean of 2 and a standard deviation of 50Bill Kime's bowling ball factory makes bowling balls of adult size and weight only. The standard deviation in the weight of a bowling ball produced at the factory is known to be 0.39 pounds. Each day for 24 days, the average weight, in pounds, of 9 of the bowling balls produced that day has been assessed as follows Day 1 2 3 4 5 6 Average (lb) 9.9 9.9 10.1 10.1 99 99 Day 7 8 9 10 11 12 Average (lb) Day Average (b) 13 14 15 16 17 18 10.1 10.0 10.0 10.1 10.1 10.0 9.9 10.1 10.1 10.0 10.1 10.1 Day 19 20 21 22 23 24 Average (lb) 99 10.0 10.1 9.9 10.0 10.0 a) Establish a control chart for monitoring the average weights of the bowling balls in which the upper and lower control limits are each two standard deviations from the mean What are the values of the control limits? Upper Control Limit (UCL)=b (Round your response to two decimal places)The tracking signal is the:a) standard error of the estimate.b) cumulative error.c) mean absolute deviation (MAD).d) ratio of the cumulative error to MAD.e) mean absolute percent error (MAPE)
- Which of the following is NOT a property of the sampling distribution of the sample mean? Choose the correct answer below. O A. The expected value of the sample mean is equal to the population mean. O B. The sample means target the value of the population mean. O C. The mean of the sample means is the population mean. O D. The distribution of the sample mean tends to be skewed to the right or left.For unbalanced data, select the performance measure that is not recommended to use. Group of answer choices Accuracy ROC Curve AUC SensitivityWhich of the following variables would lineartrend extrapolation be more accurate for? (a) An-nual population of the United States or (b) annualsales of cars produced in the United States byFord. Why?