Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 3 Days Ago
Questions Answered: 66690
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 17 Feb 2018 My Price 5.00

erratic fluctuations

A savings and loan averages about $100,000 in deposits per week. However, because of the way pay periods fall, seasonality, and erratic fluctuations in the local economy, deposits are subject to a wide variability. In the past, the variance for weekly deposits has been about $199,996,164. In terms that make more sense to managers, the stan- dard deviation of weekly deposits has been $14,142. Shown here are data from a random sample of 13 weekly deposits for a recent period. Assume weekly deposits are normally distributed. Use these data and a = .10 to test to determine whether the variance for weekly deposits has changed.

 

$93,000

$135,000

$112,000

68,000

46,000

104,000

128,000

143,000

131,000

104,000

96,000

71,000

87,000

 

 

Answers

(5)
Status NEW Posted 17 Feb 2018 08:02 PM My Price 5.00

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