Login

Contact Us
Homework
Homework Questions? Ask a Tutor for Answwers ASAP
Not a Homework Question?
How JustAnswer Works:
Ask an Expert
Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
Get a Professional Answer
Via email, text message, or notification as you wait on our site.
Ask follow up questions if you need to.
100% Satisfaction Guarantee
Rate the answer you receive.
Ask Scott Your Own Question
Scott, MIT Graduate
Category:
Homework
Satisfied Customers:
3040
Experience:
MIT Graduate (Math, Programming, Science, and Music)
Type Your Homework Question Here...
Scott is online now
Question 26 An automotive center keeps tracks of
Customer Question
Question 26
An automotive center keeps tracks of customer complaints received each week. The probability distribution for complaints can be represented as a table or a graph, both shown below. The random variable xi represents the number of complaints, and p(xi) is the probability of receiving xi complaints.
xi
0
1
2
3
4
5
6
p(xi)
.10
.15
.18
.20
.20
.10
.07
What is the average number of complaints received per week? Round your answer to two places after the decimal. Answer .
5 points
Question 27
A loaf of bread is normally distributed with a mean of 22 oz and a standard deviation of 0.5 oz. What is the probability that a loaf is larger than 21 oz? Round your answer to four places after the decimal.
Answer .
5 points
Question 28
A fair die is rolled 8 times. What is the probability that an even number (2,4, 6) will occur between 2 and 4 times? Round your answer to four places after the decimal.
Answer .
5 points
Question 29
Consider the following decision tree.
What is the expected value at node 4? Round your answer to the nearest whole number. Do not include the dollar sign “$” in your answer.
Answer .
5 points
Question 30
The local operations manager for the IRS must decide whether to hire 1, 2, or 3 temporary workers. He estimates that net revenues will vary with how well taxpayers comply with the new tax code.
If he thinks the chances of low, medium, and high compliance are 20%, 30%, and 50% respectively, what is the expected value of perfect information? Round your answer to the nearest dollar.
Answer .
5 points
Question 31
Consider the following distribution and random numbers:
If a simulation begins with the first random number, what would the first simulation value would be __________.
Answer .
5 points
Question 32
The following data summarizes the historical demand for a product
Month
Actual Demand
March
20
April
25
May
40
June
35
July
30
August
45
If the forecasted demand for June, July and August is 32, 38 and 42, respectively, what is MAPD? Write your answer in decimal form and not in percentages. For example, 15% should be written as 0.15. Use three significant digits after the decimal. Answer .
5 points
Question 33
Given the following data, compute the MAD for the forecast.
Year Demand Forecast
2001
16
18
2002
20
19
2003
18
24
Answer .
5 points
Question 34
Given the following data on the number of pints of ice cream sold at a local ice cream store for a 6period time frame:
Compute a 3period moving average for period 6. Use two places after the decimal.
Answer .
5 points
Question 35
Daily highs in Sacramento for the past week (from least to most recent) were: 95, 102, 101, 96, 95, 90 and 92. Develop a forecast for today using a 2 day moving average.
Answer .
5 points
Question 36
Robert wants to know if there is a relation between money spent on gambling and winnings.
What is the coefficient of determination? Use two significant places after the decimal.
Answer .
5 points
Question 37
The following sales data are available for 20032008.
Determine a 4year weighted moving average forecast for 2009, where weights are W1 = 0.1, W2 = 0.2, W3 = 0.2 and W4 = 0.5.
Answer .
5 points
Question 38
Given the following data on the number of pints of ice cream sold at a local ice cream store for a 6period time frame:
Compute a 3period moving average for period 4. Use two places after the decimal.
Answer .
5 points
Question 39
The following data summarizes the historical demand for a product.
Month
Actual Demand
March
20
April
25
May
40
June
35
July
30
August
45
Use exponential smoothing with α = .2 and the smoothed forecast for July is 32. Determine the smoothed forecast for August. Answer .
5 points
Question 40
This is the data from the last 4 weeks:
Use the equation of the regression line to forecast the increased sales for when the number of ads is 10.
Submitted:
2 years ago.
Category:
Homework
Customer:
replied 2 years ago.
Relist: Incomplete answer.
JustAnswer in the News:
Askadoc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses workfromhome jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
What Customers are Saying:
Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.
Mary C.
Freshfield, Liverpool, UK
<
Last

Next
>
Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.
Mary C.
Freshfield, Liverpool, UK
This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!
Alex
Los Angeles, CA
Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.
GP
Hesperia, CA
I couldn't be more satisfied! This is the site I will always come to when I need a second opinion.
Justin
Kernersville, NC
Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around.
Esther
Woodstock, NY
Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know.
Robin
Elkton, Maryland
He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here.
Diane
Dallas, TX
Meet The Experts:
Manal Elkhoshkhany
Tutor
Satisfied Customers:
4520
More than 5000 online tutoring sessions.
<
Last

Next
>
http://ww2.justanswer.com/uploads/BU/BusinessTutor/201222_115741_Kouki2.64x64.jpg
Manal Elkhoshkhany's Avatar
Manal Elkhoshkhany
Tutor
Satisfied Customers:
4520
More than 5000 online tutoring sessions.
http://ww2.justanswer.com/uploads/LI/lindaus/2012610_04811_IMG20120609164157.64x64.jpg
Linda_us's Avatar
Linda_us
Finance, Accounts & Homework Tutor
Satisfied Customers:
3121
Post Graduate Diploma in Management (MBA)
http://ww2.justanswer.com/uploads/ComputersGuru/20100213_051118_Photo41.JPG
LogicPro's Avatar
LogicPro
Engineer
Satisfied Customers:
3035
Expert in Java C++ C C# VB Javascript Design SQL HTML
http://ww2.justanswer.com/uploads/lanis/200941_233717_phput9xef_c1pm.jpg
Lani S.'s Avatar
Lani S.
Tutor
Satisfied Customers:
2457
Registered Nurse, Internet Researcher, Private Tutor
http://ww2.justanswer.com/uploads/chooser77/20090818_162025_Chris.jpg
Chris M.'s Avatar
Chris M.
M.S.W. Social Work
Satisfied Customers:
2341
Master's Degree, strong math and writing skills, experience in oneonone tutoring (college English)
http://ww2.justanswer.com/uploads/JawaadAhmed/2009627_12137_SIs_SHadi.jpg
F. Naz's Avatar
F. Naz
Chartered Accountant
Satisfied Customers:
1975
Experience with chartered accountancy
http://ww2.justanswer.com/uploads/JK/jkcpa/2011116_182614_jkcpa.64x64.jpg
Bizhelp's Avatar
Bizhelp
CPA
Satisfied Customers:
1873
Bachelors Degree and CPA with Accounting work experience
Related Homework Questions
Question
Date Submitted
I have a image I need to upload somehow but I need help with
7/30/2014
7/30/2014
dukey01
Java Applet: Create a Desktop application that allows you to
7/29/2014
7/30/2014
LogicPro
Book:Security+ Guide to Networking Security Fundamentals 2nd
7/29/2014
7/31/2014
Chris M.
I have a image I need to upload somehow but I need help with
7/29/2014
7/29/2014
dukey01
For LogicPro Only: It is time to complete your sales tracker
7/29/2014
7/30/2014
LogicPro
Please see attachment. PHP
7/29/2014
7/29/2014
TheDoctor
"For LogicPro only" Need copy of solution from pervious
7/29/2014
7/29/2014
LogicPro
"For LogicPro only" Please help with c++ program.
7/29/2014
7/31/2014
LogicPro
The Power function calculates the power of a base "a" raised
7/29/2014
7/29/2014
LogicPro
250701RR THE ARTIST'S MATERIALS AND TOOLS 1. Which of the
7/28/2014
7/29/2014
Cher
X
Ask a Tutor
Get a Professional Answer. 100% Satisfaction Guaranteed.
109 Tutors are Online Now
Type Your Homework Question Here...
characters left: