Category Archives: Exams
GCON Final Exercises
You are involved in an analysis of the relationship between the cost of chemicals
used in a manufacturing process and the volume of production. You have
collected the following production usage data over the last five years and
adjusted it for the effects of inflation:
Table 3.8—Production Usage Data
Production Units Chemical Costs
4 $800
15 $1,200
20 $1,400
30 $1,800
50 $2,000
1. Estimate the cost to produce 26 units. (Hint: Use the regression template.)
2. Determine the coefficient of determination (r2).
3. Determine whether to use this analysis for estimating purposes.
* The cost is dependent on the
units produced. When using
the regression spreadsheet, be
sure to put the numbers in the
right columns for dependent
and independent variables!
In other words, is the r-squared
value above 80%, indicating a
reliable relationship between the
variables?
EXERCISE #2: JOHNSON IMAGING, INC.
You have obtained the following Johnson Imaging data related to MRI
production:
Table 3.9—Johnson Imaging Data
Model Display
(pixels)
Unit Cost
A 5,200 50,000
B 6,300 70,000
C 9,000 160,000
D 7,500 140,000
E 13,000 225,000
Assuming that pixel display is the independent variable and cost the
dependent variable, use the regression sheet to document the data.
1. What is your estimate of the cost of an MRI unit that displays a 12,500-pixel
image?
2. Determine the coefficient of determination (r2).
3. Determine whether to use this equation for estimating purposes. (yes/no)
EXERCISE #3: VOLUME CHEMICAL
You are involved in analyzing the relationship between the cost and the volume
of production. You have collected the following inflation‐adjusted data:
Table 3.12—Volume Chemical Inflation-Adjusted Data
Production Units Costs
700 $61,750
1,450 $64,450
1,500 $66,000
1,750 $69,438
2,100 $73,410
2,150 $75,720
3,050 $79,375
1. Estimate the cost to produce 2,000 units.
2. Determine the coefficient of determination (r2).
3. Determine whether to use this equation for estimating purposes. (yes/no
NETWORK: PERT – OA2 –
Consider the following table:
ACTIVITY PREC. ACT. TIME ESTIMATES (days)
to tml tp te
A — 6 6 6
B A 4 5 6
C A 2 4 6
D B 4 6 8
E C 2 4 6
F D 1 5 3
1) Construct a PERT network.
[NOTE: This is the most crucial part of the exercise. Make sure you have the correct network
before proceeding to the next sections.]
2) By using ES, EF, LF, LS, find the slack of each activity and the critical path.
3) Find the completion time and the standard deviation (σ) for the project— round off the
standard deviation to the nearest hundredth: two decimal places.
4) What is the completion time at 99.7 % confidence level?
5) What is the likelihood of this project being completed earlier than 20 days?
6) Between 19 and 22 days?
[HINT: To close the network, the ends of E and F should meet
SUPPLY CHAIN VISIBILITY
Define Supply Chain visibility
b) What are the benefits and challenges to achieve Supply chain visibility?
c) Why do Supply Chain Managers like Supply Chain visibility?
QUESTION #2 – Describe the differences between vendor-managed inventories and co-managed inventories.
QUESTION #3
a) What is demand forecasting?
b) Why is demand forecasting important for effective supply chain management?
QUESTION #4 – Assume that you are the Supply Chain Manager for a Company X and the month of June just came to
an end today. The actual monthly sales for the last 6 months are provided to you: *Please see attached pic*
Answer the following questions:
a) Using a simple 6-month moving average, forecast sales for the month of July.
b) Using a simple 5-month moving average, forecast sales for the month of July.
c) Using a simple 4-month moving average, forecast sales for the month of July.
d) If at the end of July, you verify that your Company X had achieved an actual sale of 1,600 units, which of the 3
forecasting methods used in topics (a), (b) and (c) is more accurate? Justify your answer by calculating the
forecast error for the month of July for all three methods.
QUESTION #5 – Compare and contrast chase versus level production strategies. Which one is appropriate for an industry
where highly skilled laborers are needed? Justify your answer in detail.
Econ 3205 – Economic & Business Statistics
Instructions:
- Students should review Appendixes 2.2, 5.2 & 6.2 (Anderson, et al., 9th edition) and Chap 5&6 Supplemental Note (Excel Lab Solutions) posted in GaView for guidance and examples.
- Each student must submit his/her current original work on this assignment. Students may contact/see the instructor for assistance on the assignment.
- Any form of cheating, including copied work or work allowed to be copied or any form of plagiarism, will result in cancellation of Hw assignment, and a zero score will be assigned. Late assignment or assignment not submitted/uploaded in GaView Assignments Submission Folder will not be graded but assigned zero.
- Provide Microsoft Excel solutions to each question as applicable. Excel solutions must contain verifiable Excel formulas/commands; credit will not be given for typing manual solutions into Excel Spreadsheet. Submit/upload your Excel Spreadsheet (one file) with clearly shown answers to the questions below. Data for question #1 are provided on the attached Excel Spreadsheet in GaView and students must manually enter data on the Excel Spreadsheet for questions #2 & #3.
Questions:
- Last summer, Double Gate Country Club in Albany, Ga., collected data on rounds of golf played from its white tees. The data from each golfer’s score on the twelfth hole are provided on an Excel file attachment in the Dropbox.
- Construct an empirical discrete probability distribution for the players’ scores on the twelfth hole in 4 decimal points.
- With your empirical discrete probability distribution in (a), estimate the:
- expected score for the twelfth hole in 4 decimal points.
- probability of scoring at least the expected score in 4 decimal points.
- standard deviation of the scores in 4 decimal points.
- Interpret your estimated standard deviation of the scores.
State of the Nation Survey. Suppose a sample of 20 Americans is selected as part of a study of the state of the nation. The Americans in the sample are asked whether or not they are satisfied with the way things are going in the United States. (Note: Assume that a binomial probability distribution is applicable.)
- Compute the probability that exactly 4 of the 20 Americans surveyed are satisfied with the way things are going in the United States.
- Compute the probability that at least 2 of the Americans surveyed are satisfied with the way things are going in the United States.
- For the sample of 20 Americans, compute the expected number of Americans who are satisfied with the way things are going in the United States.
- For the sample of 20 Americans, compute the variance and standard deviation of the number of Americans who are satisfied with the way things are going in the United States.
- Chapter 6,
Labor Day Travel costs: The American Automobile Association (AAA) reported that families planning to travel over the Labor Day weekend would spend an average of $749. Assume that the amount spent is normally distributed with a standard deviation of $225.
- What is the probability of family expenses for the weekend being less that $400?
- What is the probability of family expenses for the weekend being $800 or more?
- What is the probability that family expenses for the weekend will be between $500 and $1000?
- What would the Labor Day weekend expenses have to be for the 5% of the families with the most expensive travel plans?
PSTAT 105:statistics
These questions are to be submitted via GradeScope
1. Biologists counted the number of bacterial colonies in 400 cultures. The results were
Number of Colonies 0 1 2 3 4 5 6 or more
Frequency 56 104 80 62 42 27 29
(a) Estimate as best you can the mean number of colonies in each culture. Go ahead and count
everyone in the “6 or more” bin as just 6.
(b) Calculate the expected frequency for each cell if this data is from a Poisson distribution.
(c) Calculate the ÷2 test statistic.
(d) How many degrees of freedom does the distribution of this statistic have?
(e) Calculate a P-value for testing the null hypothesis that this data comes from a Poisson distribution.
For Questions 2 and 3, please analyze the data using R and type up your answers to these questions.
2. A well-known analysis in Malcolm Gladwell’s book Outlier argues that the best hockey players are
more likely to be born earlier in the year presumably because this gives them advantages in the youth
hockey leagues. We are interested in checking whether there is a similar effect in basketball.
(a) The data set Basketball Ref BDays.txt contains information for a large sample of professional
basketball players listed on the http://www.basketball-reference.com web site. Use the table
or dplyr::count function to calculate how many players were born in each month. Draw an
appropriate plot.
(b) Perform a ÷2 test to see if the players are equally likely to be born in any month.
(c) In order to focus our attention on modern players, repeat this analysis with only those players
that were born after 1/1/1955. (also use this smaller data set for the following questions.)
(d) To be more careful, we should realize that more people are probably born in January than February
just because there are more days in January. Perform a ÷2 test where the null hypothesis is that
the probability of each month is proportional to the average number of days in that month.
(e) Going even further, it seems that some months generally are favored over others for having babies
(summer births are more likely). We should probably compare our basketball player data to the
following probabilities from the CDC.
Month Jan Feb Mar Apr May Jun
Prob. 0.0815 0.0752 0.0837 0.0816 0.0860 0.0813
Month Jul Aug Sep Oct Nov Dec
Prob. 0.0883 0.0892 0.0866 0.0849 0.0787 0.0830
Perform a ÷2 test to see if the basketball player data has the same distribution.
(f) Interpret your results. Is there significant evidence at an á = 0.05 level that professional basketball
players are born earlier in the year than the normal population?
history multi-part question
- What were the limitations of the Emancipation Proclamation issued by President Lincoln? Explain the need for a 13th Amendment. Please write 6 different paragraphs
- What were the opportunities and limits of freedom during Reconstruction? (ex. legislation, voting, amendments, schools, etc.) Please write 6 different paragraphs
- How do today’s debates about voting restrictions (ex. limits on mail voting) compare to voting restrictions during Reconstruction? Please write 6 different paragraph
EXAM
Question 1
0.27 / 0.27 pts
The stability and predictability of the law are essential to business activities.
True
False
Question 2
0.27 / 0.27 pts
The courts, in interpreting statutory law, may rely on sources outside of the statute (such as past precedent) as a guide to what the legislature intended.
True
False
Question 3
0.27 / 0.27 pts
Consider the following facts: As a judge, Baxter applies common law rules. These rules develop from:
Decisions of the courts in legal disputes
Regulations issued by administrative agencies
Statutes enacted by Congress and the state legislatures
Uniform laws created by legal scholars
None of the above
Question 4
0.27 / 0.27 pts
Consider the following facts: The North Carolina state legislature enacts a law that violates the U.S. Constitution. This law can be enforced by:
No one
The federal government only
The state of North Carolina only
The United States Supreme Court only
Individual business owners
Question 5
0.27 / 0.27 pts
Consider the following facts: Martin Luther King, Jr. played a singular role in the most significant social movement in the history of the United States—the Civil Rights Movement. King has been chronicled in books and movies, and is featured on mementoes, some of which are offered for sale by PriceMart Corp. Under the principles discussed in “A Sample Court Case,” Rosa and Raymond Parks Institute for Self-Development v. Target Corp.” (pp. 21-23 of the textbook), PriceMart’s sale of these items most likely:
Constitutes misappropriation
Implies something false about King’s legacy
Is a qualified privilege to communicate on matters of public interest
Violates the common law right of publicity
All of the above
Question 6
0.27 / 0.27 pts
A business firm may have to comply with the laws of any jurisdiction in which it actively targets customers.
True
False
Question 7
0.27 / 0.27 pts
To have standing to sue, a party must be “standing” in the geographical jurisdiction of the court in which a suit is filed.
True
False
Question 8
0.27 / 0.27 pts
Consider the following facts: Marty files a suit against Norah, Inc. in a state court over an employment contract. The case proceeds to trial, after which the court renders a verdict. The case is appealed to an appellate court. After the highest state court’s review of Marty v. Norah, a party can appeal the decision to the United States Supreme Court:
If Marty wants to challenge the result
If a federal question is involved
If a question of state law remains
Under no circumstances
If the amount in controversy exceeded $75,000
Question 9
0.28 / 0.28 pts
Consider the following facts: SPF Sunscreen Corporation and Taylor agree to resolve their dispute through arbitration. The arbitrator’s decision is called:
A conclusion of law
A finding of fact
An administrative ruling
A verdict
An award
Question 10
0.28 / 0.28 pts
Consider the following facts: Daniel files a lawsuit against Ava, alleging that she failed to pay him for two months’ labor at her Choice Cheese Factory. Ava denies the charge and claims that Daniel breached their contract to produce a certain quantity of cheeses and owes Ava damages for the breach. Ava’s claim is a:
Counterpoint
Cross-complaint
Impleader
Qui tam proceeding
Counterclaim
Question 11
0.28 / 0.28 pts
Constance Bagley, in her article “What’s Law Got to Do With It?” suggests that business people should view law purely as a constraint and focus on compliance.
True
False
Midterm exam 1
Attempt 1
Written:
Submission View
Your quiz has been submitted successfully.
Question 1 | 4 / 4 points |
How many Cabinet-level Departments are in the executive branch?
5 | |||
10 | |||
15 | |||
20 | |||
Question 2 | 4 / 4 points | ||
Which of the following is an equitable remedy?
Compensatory Damages | |||
Punitive Damages | |||
Liquidated Damages | |||
Specific Performance | |||
Question 3 | 4 / 4 points | ||
If a simple majority of each house of Congress votes to adopt a bill that has been vetoed by the president, it still becomes law.
True | ||||
False | ||||
Question 4 | 4 / 4 points | |||
The U.S. Supreme Court did not rule on a single case during its first session (aka first three years).
True | ||||
False | ||||
Question 5 | 4 / 4 points | |||
The U.S. Justice Department is an agency of the executive branch.
True | ||||
False | ||||
Question 6 | 4 / 4 points | |||
A proposal considered by Congress is called _______.
a statute | |||
a bill | |||
an act | |||
a draft | |||
Question 7 | 4 / 4 points | ||
The state with the most U.S. District Courts is:
Texas | |||
New York | |||
California | |||
All of the Above | |||
None of the Above | |||
Question 8 | 4 / 4 points | ||
There are ___ U.S. Courts of Appeals.
11 | |||
9 | |||
8 | |||
13 | |||
Question 9 | 4 / 4 points | ||
Diversity jurisdiction is a federal jurisdiction enumerated within the U.S. Constitution.
True | ||||
False | ||||
Question 10 | 4 / 4 points | |||
Courts don’t consider themselves bound by how other courts of equal or superior rank have previously interpreted a law.
True | ||||
False | ||||
Question 11 | 4 / 4 points | |||
The “supremacy clause” is found in Article ____.
IV | |||
V | |||
VI | |||
VII | |||
Question 12 | 0 / 4 points | ||
Those who are defendants in a civil case or who wish to initiate a civil case do not have the right to representation.
True | ||
False | ||
View Feedback |
Question 13 | 4 / 4 points |
Which U.S. president was the only president ever to have an opportunity to appoint the entire federal judiciary?
Donald Trump | |||
Thomas Jefferson | |||
Franklin D. Roosevelt | |||
George Washington | |||
Question 14 | 4 / 4 points | ||
Who was considered the most influential United States Supreme Court justice in history?
Thurgood Marshall | |||
John Jay | |||
Ruth Bader Ginsburg | |||
John Marshall | |||
Question 15 | 4 / 4 points | ||
Intermediate Appellate Courts are not available in every state in America.
True | ||
False | ||
View Feedback |
Question 16 | 4 / 4 points |
Both the U.S. Constitution and statutory law supersede common law in America.
True | ||||
False | ||||
Question 17 | 4 / 4 points | |||
To resolve conflicts of opinion on similar cases in the Circuit Courts and to promote circuit unanimity, federal statutes provide for an “en banc” procedure in which all the circuit’s judges sit together on a panel and decide a case. However, the ______ Circuit only requires a panel of ____ judges, as it is so large.
Ninth, 9 | |||
Third, 9 | |||
Ninth, 11 | |||
Eleventh, 11 | |||
Third,11 | |||
Question 18 | 4 / 4 points | ||
The federal government or a state government is always a party to what type of action?
civil action | |||
criminal action | |||
counter-claim | |||
judgement | |||
Question 19 | 4 / 4 points | ||
How many jurors are required for a federal criminal trial?
9 | |||
10 | |||
11 | |||
12 | |||
Question 20 | 4 / 4 points | ||
Amicus curiae briefs are often filed by the parties in civil litigation matters, if they forget to file something in the main pleadings.
True | ||||
False | ||||
Question 21 | 20 / 20 points | |||
Match each of the ten (10) types of judicial self-restraint to their definition.
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Assessment question
Dermal tissues
are tissues that cover and protect the plant body.
Vascular tissues
are tissues that distribute water and nutrients through a vascular plant body.
Assessment question
Which of the following is a simple tissue composed of living cells with unevenly thickened walls that provide flexible support to the plant?
Collenchyma
Parenchyma
Sclerenchyma
Assessment question
Which of the following describes the phloem?
Complex vascular tissue composed of dead tracheids and vessel elements that distribute water and mineral ions
Dermal tissue that is the outermost layer of a young plant
Complex vascular tissue composed of living sieve elements and tubes that distribute sugar and other organic solutes
Dermal tissue that forms a protective cover on older stems and roots
Assessment question
Monocots
have a single seed leaf or cotyledon in their embryos.
Eudicots
have two cotyledons in their embryos.
Assessment question
Which of the following stem modifications are defined as flattened, photosynthetic stems specialized to store water?
Corms
Stem tubers
Cladodes
Bulbs
Assessment question
In which of the following leaf structures does gas exchange between the inside and outside of the leaf initially occur?
Epidermis
Xylem vessel
Palisade mesophyll
Stomates
Assessment question
Which of the following is a swollen root structure in some plants that contains mutualistic nitrogen-fixing bacteria?
Mycorrhizae
Root nodule
Root hair
Vascular cylinder
Assessment question
Dermal tissues
are tissues that cover and protect the plant body.
Vascular tissues
are tissues that distribute water and nutrients through a vascular plant body.
Assessment question
Which of the following is a simple tissue composed of living cells with unevenly thickened walls that provide flexible support to the plant?
Collenchyma
Parenchyma
Sclerenchyma
Assessment question
Which of the following describes the phloem?
Complex vascular tissue composed of dead tracheids and vessel elements that distribute water and mineral ions
Dermal tissue that is the outermost layer of a young plant
Complex vascular tissue composed of living sieve elements and tubes that distribute sugar and other organic solutes
Dermal tissue that forms a protective cover on older stems and roots
Assessment question
Monocots
have a single seed leaf or cotyledon in their embryos.
Eudicots
have two cotyledons in their embryos.
Assessment question
Which of the following stem modifications are defined as flattened, photosynthetic stems specialized to store water?
Corms
Stem tubers
Cladodes
Bulbs
Assessment question
In which of the following leaf structures does gas exchange between the inside and outside of the leaf initially occur?
Epidermis
Xylem vessel
Palisade mesophyll
Stomates
Assessment question
Which of the following is a swollen root structure in some plants that contains mutualistic nitrogen-fixing bacteria?
Mycorrhizae
Root nodule
Root hair
Vascular cylinder
Assessment question
Which of the following are stages of the cohesion-tension theory of water transport in plants? Select all that apply.
This tension extends from aboveground leaves to belowground roots, and the cohesion between the molecules in these columns pulls water from the soil into the roots.
Water evaporates from leaves and other aboveground plant parts via open stomata.
Evaporation exerts tension and pulls on the narrow columns of water that fill xylem tubes.
Assessment question
Transpiration
consists of the evaporation of water from aboveground plant parts.
Translocation
consists of the movement of organic molecules through phloem.
Assessment question
Which of the following are stages in the translocation of sugars through the phloem? Select all that apply.
Not all correct answers selected
At a sink region, sugars move from sieve elements into sink cells, and water follows by osmosis.
The increase in solute concentration causes the fluid in the sieve element to become hypertonic, and this causes water to move by osmosis into the sieve element.
At a source region, sugars move into a companion cell, then into a sieve element.
The influx of water into the sieve element generates turgor pressure, which pushes the fluid through the sieve tube toward a sink region with lower turgor.
Assessment question
Which of the following is NOT true of primary growth?
Roots and shoots lengthen.
It occurs at the apical meristem.
It occurs in the lateral buds of plants.
It occurs at the lateral meristem.
Assessment question
Which of the following is produced on the outer surface of the vascular cambium?
Secondary phloem
Primary phloem
Secondary xylem
Cork
Assessment question
Which of the following defines the wood of a plant?
The accumulated secondary xylem inside the ring of vascular cambium in older plants
Secondary growth tissue that waterproofs, insulates, and protects the surface of older stems and roots
Lateral meristem that produces cork
An informal term for all living and dead tissues outside the ring of the vascular cambium
Assessment question
A
sink
is a region of a plant where sugars are being used. A
source
is a region of a plant where sugars are being produced or released from storage.
Assessment question
Under which of the following conditions are the stomata typically closed?
Wet atmospheric conditions
Dry atmospheric conditions
Sunrise