Chat with AI
Introduction to Management Science 12th Edition by Bernard Taylor
Edition 12ISBN: 978-0133778847Introduction to Management Science 12th Edition by Bernard Taylor
Edition 12ISBN: 978-0133778847 Exercise 33
In Problem, discuss how you might assess the accuracy of the average rating for Salem College students based on only 20 simulated dates.
Problem
Randolph College and Salem College are within 20 miles of each other, and the students at each college frequently date each other. The students at Randolph College are debating how good their dates are at Salem College. The Randolph students have sampled several hundred of their fellow students and asked them to rate their dates from 1 to 5 (in which 1 is excellent and 5 is poor) according to physical attractiveness, intelligence, and personality. Following are the resulting probability distributions for these three traits for students at Salem College:
Simulate 20 dates and compute an average overall rating of the Salem students.
Problem
Randolph College and Salem College are within 20 miles of each other, and the students at each college frequently date each other. The students at Randolph College are debating how good their dates are at Salem College. The Randolph students have sampled several hundred of their fellow students and asked them to rate their dates from 1 to 5 (in which 1 is excellent and 5 is poor) according to physical attractiveness, intelligence, and personality. Following are the resulting probability distributions for these three traits for students at Salem College:
Simulate 20 dates and compute an average overall rating of the Salem students.Explanation
Verified
Verified
For the college dating example where 20 ...
Introduction to Management Science 12th Edition by Bernard Taylor
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
