Wednesday, December 18, 2019

Essay on note - 1296 Words

Sample Case Analysis (Case 10.1) First read the case carefully. In this instance Cregg Hart is interested in knowing if the rivet diameter from a potential new supplier is the same as the diameter from their existing supplier. This lends itself naturally to do a confidence interval or suitable confidence level, say 95% or do a hypothesis test assuming the mean diameters from the two suppliers are the same. Next open the Excel file which you can download from CANVAS Excel files and into your computer completely free of charge and run with it. What should result from assignment is as follows: Please Note: students in face-to-face classes should turn in a hard copy with a staple on eth top left corner. Students in the online†¦show more content†¦Specifically they imply that we cannot reject the null hypothesis of equal means. Also notice the p_value of 0.82 which implies that if we rejected the equal means hypothesis, we would be making a type I mistake with a probability of roughly 82%. Conclusions / recommendations As the two rivet families have equal mean diameter, statistically speaking, which means that they also have equal strength. This leads us to recommend that if the new supplier is reliable and less expensive, they should be utilized at least for a part of production process at the Motive Power Company until they are totally proved over time and then can be relied upon for their rivets for larger orders. Appendix: As the data was downloaded from CANVAS class file, it is not attached. If this project involved collecting data, it would have been attached in this appendix. Please also note the following information as it appears in your syllabus to help you do cases in this class: On page 5 it says: Case Analysis: Case analysis is essential to understanding the material in this class. Throughout the semester case analysis exercises are assigned in theShow MoreRelatedQuestions On Explaining Your Note Taking Ability Essay847 Words   |  4 Pagesyou will need to be to do the following: 1. Evaluate your note taking ability 2. Improve your test preparation 3. Review Case Studies on Note Taking How would you evaluate your note taking ability? I haven t taken notes in a very long time. At work, I usually just jot things down on a note pad. Then, when I m ready, I transcribe those notes into information. In high school, I was a fairly good note taker, I think. I was organized, ready to listen, and freeRead MoreListening And Note Taking1046 Words   |  5 PagesListening and Note Taking Listening and Note-Taking is essential in order to be successful in all aspects of college. When an individual listens and takes quality notes they retain the information being presented a lot better than if the person did not take notes or listen to what was being lectured. 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