A company has the head office at Ukraine and a branch at London. The personnel director wanted to know if the workers at the two places would like the introduction of a new plan of work and a survey was conducted for this purpose. Out of a sample of 500 workers at Kolkata, 62% favoured the new plan. At Mumbai out of a sample of 400 workers, 41% were against the new plan. Is there any significant difference between the two groups in their attitude towards the new plan at 5% level?
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- Alocal toy manufacturer is using a production line that runs 8 hours per day and produces a toy that requires a total of 7 tasks to be performed. The daily demand is 100 toysTimes of the tasks are 273, 2.01, 2.13, 2.0, 2.61, 2.71 and 2.95 minutes for A, B C, D, E , and Grespectively. However, due to the nature of the product there are precedence rules that must be observed. Such that Task A does not need any predecessors: task B requires task A to be completed. To start task Deach require task B to be completedTask must be completed prior to stating task E. Task F needs both task D and task E to be completed. Finally, task G can start only once task Fiscompleted.Given we apply the most remaining tasks rule for balancing the assembly line, with broken according to longest task time firstWhat will the estimated idle time in minutes for THIRD workstation?A graduating senior has been accepted by three uni- versities for an M.S. in engincering. Two criteria have been identified. The first is the program and university's academic ranking. The second is the cost. A third criteria of location was initially consid- ered, but then the student recognized that it is only for about a year, and applications were only made to acceptable schools. The student is currently enrolled in the first university, which is rated as a 5 for aca- demic rank and a 10 for cost. The second is a larger out-of-state public university, which is rated as an 8 for academic rank and a 6 for cost. The third is a prestigious private school, which is rated as a 10 academically and a 3 for its higher cost. (a) What is the total score for each school if the two objectives have the same weight? (b) If academic rank is has a weight of 75%, what is the total score for each school?Pisa Pizza, a seller of frozen pizza, is considering introducting a healthier version of its pizza that will be low in cholesterol and contain no trans fats. The firm expects that sales of new pizza will be $20 million per year. While many of these sales will be to new customers, Pisa Pizza estimaes that 40% will come from customers who switch to the new, healthier pizzai nstead of buying the original version. a) Assume cusotmer will spend the same amount on either version. What level of incremental sales is associated with introducing the new pizza? b) Suppose that 50% of hte cusomters who will switch from Pisa Pizza's orignial pizza to its healthier pizza will switch to another brand if Pisa PIzza does not introduce a healthier pizza. What level of incremental sales is associated with introducing the new pizza in this case?
- It is question 3.4 ezjointPlz anwer correctly . Any typed answer only6.33 Statistics released by the National HighwayTraffic Safety Administration and the National SafetyCouncil show that on an average weekend night, 1 outof every 10 drivers on the road is drunk. If 400 driversare randomly checked next Saturday night, what is theprobability that the number of drunk drivers will be(a) less than 32?(b) more than 49?(c) at least 35 but less than 47?
- A city in Metro Manila conducted a survey on selling a Modernized PUV. They have surveyed 2 questions to the 1000 Filipino jeepney drivers/operators. a. Question 1: Would you buy a Modernized PUV for P50,000/month? 20 people Would you buy a Modernized PUV for P5,000/month? 700 people Would you buy a Modernized PUV for P500/month? 900 people Would you buy a Modernized PUV for P50/month? 1000 people b. Question 2: Would you sell your Modernized PUV for P50,000/month? 950 people Would you sell your Modernized PUV for P5,000/month? 500 people Would you sell your Modernized PUV for P500/month? 90 people Would you sell your Modernized PUV for P50/month? 3 person What would be the suitable balance of price? (Hint: Use two-point formula) What would be the number of people interested?A CBS News/New York Times poll of 1,000 adults in the United States asked the question, "Do you think global warming will have an impact on you during your lifetime?" (CBS News website). Consider the responses by age groups shown below. Age Response 18-29 30+ Yes 134 293 No 131 432 Unsure 2 8 a. What is the probability that a respondent 18-29 years of age thinks that global warming will not have an impact during his/her lifetime (to 4 decimals)? b. What is the probability that a respondent 30+ years of age thinks that global warming will not have an impact during his/her lifetime (to 4 decimals)? c. For a randomly selected respondent, what is the probability that a respondent answers yes (to 3 decimals)? d. Based on the survey results, does there appear to be a difference between ages 18-29 and 30+ regarding concern over global warming?A group of 10 golfing friends have the following annual incomes: $32,000, $12,000, $56,000, $120,000, $10,000, $38,000, $70,000, $16,000, $20,000, $24,000. The share of income received by the third quintile of this income distribution is 14.9% 13.1% 14.1% 13.9%
- ONLY SOLVE D An investor with a total wealth of $100 is faced with the following opportunities. First, he may invest $100 now and receive $144 if there are good times, but receive $64 if there are bad times. The investor estimates that good times happen with 50% probability.He can also buy an investor newsletter whether good times or bad times will occur. (a) Draw the decision tree that illustrates the options available to the investor and the payoffs to the different options. Define P as the price of the newsletter. (b) If the investor is risk-neutral with U(M) = M, where M is income, how much would he be willing to pay for the subscription to the newsletter? (c) If the investor is risk-averse with utility U(M) = M0.5, where M is income, how much would this investor be willing to pay for the subscription to the newsletter? (d) Suppose that the owner of the newsletter estimates that there are 75 risk-averse investors like those of part (c) and 25 investors like those of part(b). If…This is 3 sub part of 1 question so answer completely. you will get up vote for correct and complete answer and vice versawhy do i get diffrent answer if i use p=MC method?