Central tendancy | Management homework help

Initial Discussion. Respond to each of the following 11 questions: 

Read and understand the selected learning objectives in the Lind et al. (2021) textbook.

Chapter 3: LO3-1 Relative Positions of the Mean, and Median; Relative Positions of the Mean, and Median; LO3-4 Dispersion; LO3-5 The Empirical Rule.

Chapter 4: LO4-3 Measures of Position, LO4-4 Box Plots

Chapter 3

Basic measures of central tendency are the Mean, median, and mode. 

3A. Share examples of business scenarios in which using each of the three would be the best way to answer a business question or solve a business problem. 

What characteristics of a situation, problem, or question make it best answered by calculating the following. Consider when the data is symmetrical, is significantly skewed, is qualitative.

3B1. The mean 

3B2. The median 

3B3. The mode

3C. Explain why dispersion is a necessary measure with central tendency in statistics.

3D. A sample of pizza delivery times is a symmetrical, bell-shaped distribution. The sample mean is 18.1 minutes; the standard deviation is 1.9 minutes. Using the Empirical Rule, about 95% of the pizza delivery times are between what two amounts?

Chapter 4

4A. Define a Median in everyday language.

Joey’s Pizza offers free delivery within 15 miles during COVID-19. The owner wants some information on the time it takes for delivery. Refer to the box plot below based on delivery sample times.

4B1. How many minutes does a typical delivery take?

4B2. Between what range of minutes will one-half of the deliveries take?

4B3. Between what range of minutes will all the deliveries take?

4B4. What is the interquartile range value?

Box Plot with the following values. Minimum is 14 minutes, Quartile 1 is 17 minutes, Median is 18 minutes, Quartile 3 is 19 minutes, and Maximum is 23 minutes.

  







Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10