To produce high level of customer loyalty, businesses need to move beyond Ho is not rejected at? Do an Analysis of Variance to determine if a statistically significant difference between account balances exists between the four locations.
From the graph above, it can be seen that the distribution of the checking account balances approximates a normal probability distribution.
Do an independent t-test to determine if customers with balances of the mean or more use more ATM transactions each month than customers with balances of less than the mean.
Based on your findings, is it reasonable to conclude that more than half the customers use a debit card? Century National Bank Case Data. It is concluded that the mean number of transactions per month per customer is similar to Robert Lindhal, president and CEO, would like to know the characteristics of his checking account customers.
The variables decided upon are account balance, number of ATM transactions in the past month, number of other bank services used in the past month, whether or not the customer uses a debit card, and whether or not the customer has an interest-bearing checking account.
All the information gathered is tabulated in the table below: Does the sample data indicate that the mean account balance has declined from this value?
Could the Case study national century bank agency say the mean is more than 9 per month? Next, develop a table that shows the number in each of the categories of the account balances by branch.
Judging by the increases of Accounts Receivable and Accounts Payable Jones Electrical Distribution is struggling to receive cash immediately at a Cite some specific examples and comment on your findings. Cite some examples and comment on your findings.
Does it seem reasonable that the distribution of checking account balances is approximately normally distributed? Does it appear that account balances are related to the branch? She has called a meeting to discuss this project and has selected you to head a team of three employees of the department to take a random sample of customers and prepare a report for Dr.
It is concluded that the mean number of transactions per month per customer is greater than 9. Actual distribution yields the probability value of 0. Does it appear that account balances are related to the branch?
Therefore, the analysis will be evaluated based on two? In fact, the advertising agency that prepares TV commercial for Century would like to use this on the new commercial being designed.
Therefore, the advertising agency can say the mean is more than 9 per month Hypotesis testing Test 2 1 H0: The data resulting from this random sample of 60 checking account customers is presented below See Fig.
Test 2 will measure whether the number of transactions per month per customer is greater than Actual distribution yields the probability value of 0. Margin of error is to be expected considering the large sample size. Is there sufficient evidence to conclude that the mean number of transactions per customer is more than 10 per month?
Research papers Tagged With: Ho is rejected at?
Lindhal took over as president several years ago, the use of debit cards was just beginning. The probability of the sample size is to give a rough estimate on the actual values.
It is concluded that the mean number of transactions per month per customer is similar to Next, develop a table that shows the number in each of the categories of the account balances by branch.
Is it reasonable that the distribution of checking account balances approximates a normal probability distribution? But, there is no sufficient evidence to conclude that the mean is more than 10 per month.
Therefore, the analysis will be evaluated based on two? From this table, it indicates that the categories of account balances smallest, middle and largest balance are related to the branch.
Compare the actual distribution with the theoretical distribution.home / study / math / statistics and probability / statistics and probability questions and answers / CASE A.
Century National Bank Refer To The Century National Bank Data. Is It Reasonable That Is It Reasonable That %(1). National Semiconductor Case Study HBS Background National Semiconductor (NSC), based in Santa Clara, California, manufactures integrated circuits in analog and mixed signal chips.
NSC established the India Design Center (IDC) in Bangalore in to capitalize on the availability of a low cost and highly specialized labor force.
Statement of the Problem: Case 2: Century National Bank Case Study Continued. Century National Bank has offices in several cities in the Midwest and in the southeastern part of the U.S.
Dr. Robert Lindhal, president and CEO, would like to know the characteristics of his checking account ultimedescente.com asked Ms. Sofia Kovalevskaya, Director of. Century National Bank Case Study Project. The following case appears in the text in multiple review sections. Assume that you work in the Planning Department of the Century National Bank and report to Ms.
Lamberg. View Essay - Century National Bank Case Study (Word) from STAT at West Virginia University. median of $ while branch four had a mean of $ and a median of $ The mean is the. The mean checking balance for Century National Bank is concluded to be similar or more than $ which is almost same for many years.
3. The mean number of transactions per month per customer is concluded to be greater than 9.Download