Simple Statistics Definitions

Simple Statistics Definitions

Answer and provide explanation of the definitions listed below:

  1. F distribution
  2. F statistic
  3. chi-square distribution
  4. t distribution
  5. dependent samples
  6. independent samples
  7. degrees of freedom
  8. t statistic
  9. paired difference

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Module 03 – Case assignment

In this module we look at organizing as a managerial function. As one of your readings indicted “the purpose of the organizing function is to make the best use of the organization’s resources to achieve organizational goals.” One of the major resources of an organization is its staff to whom work must be assigned and delegated. After reading the background materials, conduct additional research and respond to the following questions:

1. Why is delegation an important function; particularly, in the health care setting?

2. What is the relationship between delegation and empowerment?

3. What should managers be careful about when it comes to delegation and empowerment?

Limit your responses to a maximum of 3 pages. Be sure to properly cite all references.

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Factors and Forces of Geological Features PPT

The

Factors and Forces of Geological Features PPT

Choose a state or one of the following regions:
o Region 1: Interior Plain
o Region 2: Appalachian Highlands
o Region 3: Rocky Mountain System
o Region 4: Pacific Mountain System
o Region 5: Atlantic Plain

· Create a 12- to 15-slide PowerPoint® presentation for your selected state or region.
· Address the following in your PowerPoint®:

  • Describe the various geologic events that have occurred in your region.
  • Describe the geological features and various types of rocks that formed in the area (for example, mountains, craters, canyons, volcanoes, fault lines, or folds).
  • Choose one of these geological features to research. What is the most prevalent rock type of the feature? Describe the mineral composition of the rock type.
  • How old is your geologic feature? Estimate the absolute age of the geological feature, and discuss methods used to determine the age.
  • What geologic event created your chosen geological feature? Discuss the process of plate tectonics related to the formation.
  • Discuss the significance of igneous, sedimentary, and metamorphic rocks in your region.
  • Discuss the type(s) of weathering and erosion processes that has most likely affected the physical appearance of your geological feature.
  • Discuss any significant water, ocean, desert, or glacial feature(s) associated with your region, and the process involved with creating one of them.

Cost Volume Profit Analysis

Cost Volume Profit Analysis

Explain the components of cost volume profit analysis.

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Reeds Clothier Case Study and Questions

Reeds Clothier Case Study and Questions

Reeds Clothier Case Study and Questions

WEEK 4 – FIN 370

“Reed’s Clothier” Case Study and Questions

Prepare a 350-700-word case study analysis of Case #16: “Reed’s Clothier” located in the Cases in Financial Management text, by Sulock and Dunkelberg. Be sure to address the following in your analysis:

Briefly summarize the case.

1) Calculate a few ratios and compare Reed’s results with industry averages. (Some industry averages are shown in Exhibit 16.4) What do these ratios indicate?

2. Why does Holmes want Reed’s to have an inventory reduction sale, and what does he think will be accomplished by it?

3. Jim Reed had adopted a very loose working capital policy with higher current assets than industry averages. If he merely tightens his working capital policy to the averages, should this affect his sales?

4. Assuming that Reed’s can improve its operations to be in line with the industry averages, construct a 1995 pro forma income statement. Assume that net sales will be reduced 5 percent to $1,938,000 but that depreciation and amortization will not change but remain at $32,000.

5. What type of inventory control system would you suggest to Jim Reed?

6. What type of accounts receivable control would you suggest to Jim Reed?

7. Is the increase in sales related to the increase in inventory?

8. What is Reed’s cost of not taking the suppliers’ discounts?

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Write up on Cost, Volume and Profit Analysis

Cost, Volume

Write up on Cost, Volume and Profit Analysis in $3 Only (Instant Download)

Write a 350 to 700-word paper, using APA guidelines, that addresses the following:
o Explain the components of cost-volume-profit analysis.
o What does each of the components mean?
o Based on the formulas you have reviewed, what happens to contribution margin per unit when unit selling prices increase? Illustrate your explanation with an example from a fictitious company of how an increase in unit selling prices might affect contribution margin.
o When fixed costs decrease, what does this do for sales? Illustrate your explanation with an example from a fictitious company.
o Define contribution ratios.
o What happens to contribution ratios as one of the components changes?

Sample Answer

The Components of CVP analysis are:

I) Fixed cost: Fixed costs remain the same even if the volume (i.e., quantity of product manufactured and sold) changes. A cost like factory rent would be an example of a fixed cost. The nature of fixed cost presented in the following figure (a).

II) Variable cost: Variable costs are those costs which have a perfect positive correlation with volume of production/ sales. It means these costs vary in proportion to changes in activity. An example of a variable cost is raw material. If volume of production increases by say 10%, then we can expect raw material costs also to increase by 10%.

III) Contribution:

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