3 EXERCISES STATISTICS PROBABLITY

Chapter One Analysis

Based on the Excel Problem of chapter one, if the total capacity for this business is 725 will you stay in it? If you want to stay in it what price you need to obtain a break even point of 725?

Chapter Two Analysis

Based on the excel problem of chapter 2, between cost and sales which column shows more stability or control? If you compare the trend of cost/unit versus the profit/unit using a scatter chart, what can you infer from their behavior?

Chapter Three Analysis

Based on problem 8, which data set is more stable. Base your answer on standard deviation values. Compare both frequency histograms and which shows a normal distribution behavior? Based on problem 11, if you are the owner of the Eastern airlines how many seats do you need to cover the East Coast flights with a monthly total demand of 487,000 people for the entire airline? If the airplane has 200 seats, how you will distribute them by first class, business class and coach?