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Statistics for Management  

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Statistics Assignment #1 Course Number: MGT1382HF.2003-0103 Course Name: Statistics for Management Professor Name: Arieh Gavious STUDENT # "992795515" & "" Statistics Assignment 1 Question 1: (a) This is a study of both populations (Time-Series) and processes (Cross-Sectional). Managerial question 1 is a study of the population of change orders and the study attempts to evaluate the population of "change orders". The order in which the change orders were processed is not important in this study. In managerial question 2a, the study attempts to evaluate how the change order processing time changes over time, this is clearly a study of the process (Time-Series) of change order. A time-series study will have to be performed to determine how the change order processing times vary over time. And it is important that the order in which the change orders were processed be properly recorded. In managerial question 2b, the study attempts to evaluate how the change order processing time...

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