BUSN 250 Week 4 Assignment | American Public University System

BUSN 250 Week 4 Assignment | American Public University System

Week 4 Assignment

Instructions

Text Supported Model-BuildingWeek 4 Homework

Chapter 4


Using the data files provided for Chapter 4, Work the assigned problems in your text Business Analytics: Methods, Models, and Decisions 2nd edition USA:

Chapter 4

4.1, page 127

4.2, page 127

4.3, page 127

4.4, page 127

Attached are also the required problems, along with Home Work Template. Data sets required are attached as well.

4.1 Data obtained from a county auditor in the Excel file Home Market Value provide information about the age, square footage, and current market value of houses along one street in a particular subdivision. Considering these data as a population of homeowners on this street, compute the mean, variance, and standard deviation for each of these variables using a spreadsheet and formulas (4.1), (4.4), and (4.6). Verify your calculations using the appropriate Excel function.

4.2 In the Excel file Facebook Survey, find the average and median hours online/week and number of friends in the sample using the appropriate Excel functions. Compute the mode and compare all measures of location.

4.3 For the Excel file Tablet Computer Sales, find the average number, standard deviation, and interquartile range of units sold per week. Show that Chebyshev's theorem holds for the data and determine how accurate the empirical rules are.

4.4 The Excel file Atlanta Airline Data provides arrival and taxi-in time statistics for one day at Atlanta Hartsfield International airport. Find the average and standard deviation of the difference between the scheduled and actual arrival times and the taxi-in time to the gate. Compute the z-scores for each of these variables.

Please set each problem up on its own tab within the workbook. Be sure you have organized your work and it is easy to read. Save your file as LastName-Wk4.xls

Once you have finished the problem sets, upload your completed workbooks for grading. Please note, if you do not submit your work by the due date or the late date, you will automatically get a -0- on the assignment.

 

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