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Status: Completed

Business statistic work

Date Posted: 13/11/2018
Category: Business
Due Date: 15/11/2018
Instruction
Assignment 1 The owner of a restaurant serving Continental-style entrees was interested in studying ordering patterns of patrons for the Friday-to-Sunday weekend time period. Records were maintained that indicated the demand for dessert during the same time period. The owner decided to study two other variables, along with whether a dessert was ordered, the gender of the individual and whether a beef entree was ordered. The results are as follows: Gender Dessert Ordered Male Female Total Yes 96 40 136 No 224 240 464 Total 320 280 600 Beef Entree Dessert Ordered Yes No Total Yes 71 65 136 No 116 348 464 Total 187 413 600 A waiter approaches a table to take an order for dessert. What is the probability that the first customer at the table... a. orders a desser b. orders a dessert or has ordered a beef entree? c. is a female and does not order a dessert? d. is a female or does not order a dessert? e. Suppose the first person from the whom the waiter takes the dessert order is a female. What is the probability that she does not order dessert? f. Are gender and ordering dessert independent? g. Is ordering a beef entree independent of whether the person orders dessert? h. Is there anything that you would do to increase the odds of a patron ordering dessert? Assignment 2 Discrete and Continuous The daily changes in the closing price of stock follow a random walk. That is, these daily events are independent of each other and move upward or downward in a random matter and can be approximated by a normal distribution. Let's test this theory. Use either a newspaper, or the Internet to select one company traded on the NYSE. Record the daily closing stock price of your company for the six past consecutive weeks (so that you have 30 values). Decide whether the your 2 data sets are normally distributed by creating a histogram or a boxplot. Please attach your histogram or boxplot as a Word document in your post. Please do NOT answer the discussion in your attachment; answer on the discussion board. Discuss your results. What can you say about the stock with respect to daily closing prices and daily changes in closing prices. Which, if any, of the data sets are approximately normally distributed? Write 50+ words for the initial response for this one.
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  • Thanks expect the best
    User_4724 | Nov 13, 2018, 17:54 PM
  • Hello do you have a clear data its hard to know which data represent what
    User_4724 | Nov 14, 2018, 12:30 PM
  • I am sorry I just send you the part 1 chart . thanks
    User_18254 | Nov 15, 2018, 17:56 PM
  • You have not attached anything
    User_4724 | Nov 15, 2018, 21:41 PM
  • I though I did for part one , I will send it tonight, I can give you until tomorrow night for the work, I will attach it this evening for you
    User_18254 | Nov 15, 2018, 22:07 PM
  • You need to send the chart first then we I can see when I will be able to send
    User_4724 | Nov 15, 2018, 22:09 PM
  • Part 1 Gender Dessert Ordered Male Female Total Yes 96 40 136 No 224 240 464 Total 320 280 600 Beef Entree Dessert Ordered Yes No Total Yes 71 65 136 No 116 348 464 Total 187 413 600
    User_18254 | Nov 16, 2018, 12:26 PM
  • Good Morning check the attach file one its there
    User_18254 | Nov 16, 2018, 12:27 PM
  • please let me know if it will be done today. thanks
    User_18254 | Nov 16, 2018, 12:29 PM
  • Yeah sure
    User_4724 | Nov 16, 2018, 14:02 PM
  • Where is the second part
    User_18254 | Nov 17, 2018, 05:20 AM
  • I did only the assignment you sent earlier we had not discussed about the other
    User_4724 | Nov 17, 2018, 05:21 AM
  • Let me work on it, its just you had not sent it give me a few
    User_4724 | Nov 17, 2018, 05:26 AM
  • Where can Iget the data set for part 2 or I should just create my own data?
    User_4724 | Nov 17, 2018, 06:03 AM
  • Good morning create your own
    User_18254 | Nov 17, 2018, 13:22 PM
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