Essentials of Modern Business Statistics with Microsoft Office Excel (Book Only)
7th Edition
ISBN: 9781337298353
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
Publisher: South-Western College Pub
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Matt Kenseth won the 2012 Daytona 500, the most important race of the NASCAR season. His win was no surprise because for the 2011 season he finished fourth in the point standings with 2330 points, behind Tony Stewart (2403 points), Carl Edwards (2403 points), and Kevin Harvick (2345 points). In 2011 he earned $6,183,580 by winning three Poles (fastest driver in qualifying), winning three races, finishing in the top five 12 times, and finishing in the top ten 20 times. NASCAR’s point system in 2011 allocated 43 points to the driver who finished first, 42 points to the driver who finished second, and so on down to 1 point for the driver who finished in the 43rd position. In addition any driver who led a lap received 1 bonus point, the driver who led the most laps received an additional bonus point, and the race winner was awarded 3 bonus points. But, the maximum number of points a driver could earn in any race was 48. The following table shows data for the 2011 season for the top 35…
Matt Kenseth won the 2012 Daytona 500, the most important race of the NASCAR season. His win was nosurprise because for the 2011 season he finished fourth in the point standings with 2330 points, behindTony Stewart (2403 points), Carl Edwards (2403 points), and Kevin Harvick (2345 points). In 2011 heearned $6,183,580 by winning three Poles (fastest driver in qualifying), winning three races, finishing inthe top five 12 times, and finishing in the top ten 20 times. NASCAR’s point system in 2011 allocated 43points to the driver who finished first, 42 points to the driver who finished second, and so on down to 1point for the driver who finished in the 43rd position. In addition any driver who led a lap received 1 bonuspoint, the driver who led the most laps received an additional bonus point, and the race winner was awarded3 bonus points. But, the maximum number of points a driver could earn in any race was 48. Table 15.13shows data for the 2011 season for the top 35 drivers (NASCAR…
A new company President is said to have caused the company to do a 180 before the new President in the company was losing $10000 per month. What is the company most likely doing under the new President?
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