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Saturday, February 23, 2019

Statistics and Golf Ball

Case Study 1 Par, Inc. Par, Inc. , is a major manufacturer of golf equipments. Management believes that Pars market parcel out could be increased with the introduction of a cut-resistant, longer-lasting golf roll. Therefore, the research stem at Par has been investigating a novel golf ball coating designed to resist cuts and provide a more stable golf. The tests with the coating have been promising. One of the researchers voiced concern about the burden of the new coating on driveway distances. Par would like the new cut-resistant ball to offer madcap distances comparable to those of the current-model golf ball.To compare the driving distances for the two balls, 40 balls of both the new and current models were subjected to distance tests. The interrogatory was performed with a mechanical hitting machine so that any remnant between the mean distanced for the two models could be attributed to a difference in the two models. The results of the tests, with distances measured t o the nearest yard, follow. These info are available on the excel file Golf. Managerial Report 1. Formulate and portray the rationale for the possibility test that par could use to compare the driving distances of the current and new golf balls. . Analyze the data to provide the hypothesis interrogation conclusion. What is the p-value for the test? What is your recommendation for Par, Inc.? 3. Provide descriptive statistical summaries of the data for severally model. 4. What is the 95% confidence interval for the population mean of each model, and what is the 95% CI for the difference between the actor of the two populations? 5. Do you see a need for the larger sample sizes and more testing with the golf balls? talk of. Case Study 2 Higher Education in Asia-Pacific The pursuit of a higher education degree in art is now international.A survey shows that more and more Asians choose the MBA degree alley to corporate success. The number of applicants for MBA courses at Asia-Pac ific schools continues to increase about 30% a year. In 1997, the 74 worry school in Asia-Pacific region inform a record 170,000 applicants for the 11,000 full time MBA degrees to be awarded in 1999. A main reason for the surge in demand is that an MBA can greatly enhance earning power. Across the region, thousands of Asians show an increasing resultingness to temporarily shelve their careers and dismiss two years in pursuit of a theoretical business qualification.Courses in these schools are notoriously tough and include economics, banking, marketing, behavior sciences, fag out relations, decision making, strategic thinking, business law, and more. The data named Asian shows some of characteristics of the in the lead Asia-Pacific business schools. Managerial Report Use the methods of descriptive statistics to summarise the data. Discuss your finding. 1. Include the summary for each variable in the data set. fare comments and interpretations based on maximums and minimums, as well as the appropriate means and proportions.What new insight do these descriptive statistics provide concerning Asian-Pacific business schools. 2. summarise the data to compare the following a. Any difference between topical anesthetic and foreign tuition costs. b. Any difference between mean kickoff salaries for schools requiring and not requiring work experience. c. Any difference between mean scratch salaries for schools requiring and not requiring English tests. 3. Do starting salaries appear to be cogitate to tuition? 4. Present any additional graphical and numerical summaries that will be beneficial in communicating the dataset and others.

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