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Homework Assignment 6

Due in Week 7 and value 30 points

 

The axioms in the consideration adown is from a con-over conducted by an security order to state the chattels of changing the manner by which security privileges are current. The end was to rectify policyholder contentment by speeding up the manner and eliminating some non-value-added commendation steps in the manner. The defense meted was the medium span required to second and mail all privileges trained in a week. The new progress was tested for 12 weeks, and the results were compared to the manner operation for the 12 weeks precedent to instituting the exchange.

 

            Table: Security Privilege Commendation Times (days)

    Old Process

 

 

  New Process

 

 

Week

Elapsed Time

 

 

Week

Elapsed Time

1

31.7

 

13

24

2

27

 

14

25.8

3

33.8

 

15

31

4

30

 

16

23.5

5

32.5

 

17

28.5

6

33.5

 

18

25.6

7

38.2

 

19

28.7

8

37.5

 

20

27.4

9

29

 

21

28.5

10

31.3

 

22

25.2

11

38.6

 

23

24.5

12

39.3

 

24

23.5

 

Use the determination in consideration aloft and counter-argument the forthcoming questions in the mete supposing adown:

1.     What was the medium chattels of the manner exchange? Did the manner medium acception or lessen and by how fur?

2.     Analyze the axioms using the retrogression design y = b0 + b1x, where y = span to second and mail a privilege (weekly medium), x = 0 for the old manner, and x = 1 for the new manner.

3.     How does this design mete the chattels of the manner exchange?

 

4.     How fur did the manner operation exexshift on the medium? (Hint: Compare the values of b1 and the medium of new manner operation minus the medium of the operation of the old manner.)