Homework assignment 6 | Mathematics homework help


Homework Assignment 6
Due in Week 7 and merit 30 points

The postulates in the consultation adown is from a con-over conducted by an protection posse to enumerate the result of changing the system by which protection assertions are current. The end was to better policyholder amends by speeding up the system and eliminating some non-value-added acclamation steps in the system. The vindication valued was the mediocre duration required to support and mail all assertions inaugurated in a week. The new system was tested for 12 weeks, and the results were compared to the system deed for the 12 weeks preceding to instituting the qualify.

Table: Protection Assertion Acclamation Times (days)     Old System     New System   Week Elapsed Duration   Week Elapsed Duration 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 limit in consultation aloft and tally the aftercited questions in the extension granted adown:

  1. What was the mediocre result of the system qualify? Did the system mediocre acception or wane and by how plenteous?
  2. Analyze the postulates using the return fashion y = b0 + b1x, where y = duration to support and mail a assertion (weekly mediocre), x = 0 for the old system, and x = 1 for the new system.
  3. How does this fashion value the result of the system qualify?
  4. How plenteous did the system deed qualify on the mediocre? (Hint: Compare the values of b1 and the mediocre of new system deed minus the mediocre of the deed of the old system.)

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