While this course was very time-consuming and difficult at t…

While this course was very time-consuming and difficult at times, I feel I’ve gotten a good grasp on the basics of statistical concepts and R programming skills that will suit me well as I continue in the MAcc program and in my job going forward. (Hint: The answer is true!)

The probability model below describes the number of repair c…

The probability model below describes the number of repair calls that an appliance repair shop may receive during an hour   Repair calls 0 1 2 3 Prob 0.10 0.30 0.40 0.20   We have 2 employees on staff at the moment.  What’s the chance we need to call in another employee this hour to fulfill demand? (1 employee can handle 1 call)

e-grocers sell groceries over the internet.  Customers enter…

e-grocers sell groceries over the internet.  Customers enter their orders, pay by credit card, and receive delivery by truck.  A potential e-grocer analyzed the market and determined that the average order would have to exceed $85 if the e-grocer were to be profitable.  To determine whether an e-grocery would be profitable in one large city, she offered the service and recorded the size of the order for a random sample of 85 customers.   sample mean = $89.22 sample sd = $17.30 Suppose you ran all the numbers and got a p-value of 0.014, what is your conclusion at the 5% significance level?