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Author Question: A canned food manufacturer has its manufacturing plants in three locations across a state. Their ... (Read 123 times)

joe

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on: Jun 24, 2018
A canned food manufacturer has its manufacturing plants in three locations across a state. Their product has to be transported to three central distribution centers, which in turn disperse the goods to seventy-two stores across the state. Which of the following visualization tools could help understand this problem better?
 a. A time-series plot
  b. A scatter chart
  c. A network graph
  d. A contour plot

Question 2

The t value for a 99 confidence interval estimation based upon a sample of size 10 is
 a. 1.645.
  b. 1.812.
  c. 2.576.
  d. 3.169.


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isabelt_18

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Reply #1 on: Jun 24, 2018
Answer to Question 1

c
RATIONALE: The given scenario can be visualized using a network graph.

Answer to Question 2

d
RATIONALE: The t value for a 99 confidence interval estimation based upon a sample of size 10 is 3.169 . This can be found using the Excel function T.INV.2T(1  0.99, 10-1).


joe

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

ebonylittles

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Reply 3 on: Yesterday
Excellent

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