I’VE GOT A SECRET!
Learning outcome:
Upon completion student will be able to: * Given linear and exponential data, interpret the rate of change within the given context. * Represent linear and exponential models as equations, tables, graphs and verbal descriptions.
Scoring/Grading rubric:
Each question is worth 10 points.
Introduction:
Everyone has had some experience with gossip. In this lab, you will explore how well rumors (or secrets) spread when this information is passed on to other people.
Scenario A: At noon, you get some great news but you need to keep it a secret. It’s just too good to keep to yourself; so 5 minutes after you get the news you call 2 friends and tell them, but swear them to secrecy.
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How many people know your secret at 12:40 in Scenario A?
In Scenario B?
2. Describe the pattern of growth in the “Number of people told” column for both Scenario A and Scenario B.
3. Describe the pattern of growth in the “Number of people who know” column for both Scenario A and Scenario B.
4. Write an equation to find the “Number of people told” for any 5-minute interval(n) in
Scenario A.
5. Write an equation to find the “Number of people told” for any 5-minute interval in Scenario B.
6. Write an equation to find the “Number of people who know” for any 5-minute interval in Scenario A.
7. Write an equation to find the “Number of people who know” for any 5-minute interval in Scenario B.
Using the equations you wrote in problems 4-7, create an Excel spreadsheet with the columns “5-minute interval,” “Number of people told,” and “Number of people who know”. Make sure your spreadsheet matches your tables above before answering the following questions. 8. After how many minutes would at least 100 people know in Scenario A?
In Scenario B?
9. According to the 2012 US Census, the population of NC is 9,752,073. Using Scenario B,
4) Use exponential regression (or find a constant ratio) to determine an equation for the data.
Write an 8 to 10 page Case Analysis of the following article (which can be found in the Ashford Online ProQuest database):
A. Assuming the number of hours Anna Sheen will spend developing the profile section will = 4; Ralph Armentrout’s optimal stocking quantity is 516, as portrayed in the table below:
1 b) Nothing at all has changed, but actually gotten worse. It has increased by 15%.
+ "1. What were the percentages in population growth for each consecutive year from 1994 - 2013?\n"
Draw the Flowchart 1996 Customer Receiving Status 24 Status 40 Status 41 Status 42 Status 20 Parts Supplier I (unit) 8000 500 1500 1000 500 405 500 2000 R (unit/week) 1000 1000 700 405 405 405 405 1000 T (week) 8 0.5 2.14 2.47 1.23 1 1.23 2 What was The Utilization Achieved by CRU in 1996? Utilization = (Inventoy on Rent)/(Total inventory by CRU) =8,000/14,405= 55.54% For 1996 , Calculate The Average Time Spent by a Unit in Each Buffer.
The data contains 50 state names (categorical data type) and the total number (numerical data type) of people staying in that state.
B. In order to solve for the rate, we would first begin dividing by twenty. That would give us 5.5. We would then set that equal to one plus r in parenthesis to the power of 10. Then, would bring the power of ten and make it an index to the square root of 5.5 and still have it equal to one plus r in parenthesis. We would then further simplify the square root of 5.5 and the index 10. It would give us a long decimal but rounded to 1.19. I would further subtract it by one.
a. How does this model compare to the previous model using R-squared? Explain what this difference in the R-squared values means in simple terms.
(a). Assuming that Estimate I is accurate, What is the probability that quickie will have quarterly sales in excess of $350 million?
d. Suppose that the key issue is to determine the overall awareness level for Taylor’s among residents of the city. Would this change your answers to any of the above questions?
c)The higher estimate of target price is $3 , while the lower price target estimate is $2 a growth with both numbers
e) Table below shows the probability distribution of the time required to resolve a problem if the part is available on site:
Using the data generated in the practical session you will write a report below consisting of an: