The Traveling Salesman Problem. Some problems in mathematics can be stated very simply but may involve complex solutions. One of the most famous of these is the Traveling Salesman Problem or, as it is known to mathematicians, the TSP. The TSP is the problem of deciding the most efficient route to take between multiple cities […]
Significant Events
Select a significant tragic event (either domestic or global) that has occurred over the last 50 years. The interactive presentation in this unit provides some ideas of historical tragic events, but understand that these are just ideas. After describing the event and the post-tragedy events, discuss the ethical aspects revolving around this incident. This discussion […]
Statistics: Bottling Company Case Study
Statistics: Bottling Company Case Study. Imagine you are a manager at a major bottling company. Customers have begun to complain that the bottles of the brand of soda produced in your company contain less than the advertised sixteen (16) ounces of product. Your boss wants to solve the problem at hand and has asked you […]
Quantitative Design: treatment and control groups if the design is a field experiment
Quantitative Design At this point in the course, you have been introduced to the major developments in quantitative policy evaluation designs. Now you will have to the opportunity to develop a defensible quantitative design that takes into account the strengths, limitations, and tradeoffs that are involved in employing these designs to address major policy problems. […]
Review the three “Non-parametric” test videos in the Calculations section of the “Statistics Visual Learner” media piece.
Review the three “Non-parametric” test videos in the Calculations section of the “Statistics Visual Learner” media piece. A researcher is examining preferences among four new flavors of ice cream. A sample of n = 80 people is obtained. Each person tastes all four flavors and then picks a favorite. The distribution of preferences is as follows. […]
Assignment 1. Linear Programming Case Study
Assignment 1. Linear Programming Case Study Your instructor will assign a linear programming project for this assignment according to the following specifications. It will be a problem with at least three (3) constraints and at least two (2) decision variables. The problem will be bounded and feasible. It will also have a single optimum […]
INTRODUCTORY STATISTICS ECON1005
Assessment 2: Problem Set #1 Question 1 A researcher asked 25 customers: “How much would you pay for a television adapter with Internet Access?” Their grouped responses are as follows: Class Interval Freq 0-99 2 100-199 2 200-249 3 250-299 3 300-349 6 350-399 3 400-499 4 500-999 2 […]
Sarah Fields wants to borrow $103,000 at 6.5% to buy a house. How much interest would she save by going with a 15-year mortgage over a 25-year mortgage
Sarah Fields wants to borrow $103,000 at 6.5% to buy a house. How much interest would she save by going with a 15-year mortgage over a 25-year mortgage
Use and Misuse of Percentages
One of the concepts you encountered in the readings this module was how to recognize the use and misuse of information presented in the form of percentages. In this discussion assignment, you will conduct an Internet search to find several examples of the use of percentages. These can be examples of percentages used in advertising […]
Maths Discussion—Interest Rates
Interest rates are a fact of life that you will encounter both professionally and personally. One area of interest rates that you may be most concerned about are those applied to credit card debt. Let’s say that you had $2400 on a particular credit card that charges an annual percentage rate (APR) of 21% and […]