Thanks to visit codestin.com
Credit goes to www.scribd.com

Scribd
Upload
2K views2 pages

Case Problem 1 MAS311

The document discusses two case problems involving analysis of probability and statistics data sets. The first case involves analyzing data on characteristics of leading Asian-Pacific business schools. The second case involves analyzing data on court cases handled by judges in Hamilton County over three years to evaluate the judges' performance and likelihood of appeals and case reversals. The managerial report asks to summarize the Asian business school data, compare tuition costs and salaries between schools, and present additional summaries. It also asks to analyze probabilities related to appeals and reversals for the different courts and judges, and rank the judges within each court based on reversal probabilities and criteria.

Uploaded by

Amith Ravindar
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
2K views2 pages

Case Problem 1 MAS311

The document discusses two case problems involving analysis of probability and statistics data sets. The first case involves analyzing data on characteristics of leading Asian-Pacific business schools. The second case involves analyzing data on court cases handled by judges in Hamilton County over three years to evaluate the judges' performance and likelihood of appeals and case reversals. The managerial report asks to summarize the Asian business school data, compare tuition costs and salaries between schools, and present additional summaries. It also asks to analyze probabilities related to appeals and reversals for the different courts and judges, and rank the judges within each court based on reversal probabilities and criteria.

Uploaded by

Amith Ravindar
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 2

University of Miami

APPLIED PROBABILITY AND STATISTICS


IEN-MAS 311
Spring 2011

Case Problems #1
Problem #1. Business Schools of Asia-Pacific

The pursuit of a higher education degree in business is now international. A survey shows that
more and more Asians choose the master of business administration (MBA) degree route to
corporate success. As a result, the number of applicants for MBA courses at Asian-Pacific
schools continues to increase.
Across the region, thousands of Asians show an increasing willingness to temporarily shelve
their careers and spend two years in pursuit of a theoretical business qualification. Courses in
these schools are notoriously tough and include economics, banking, marketing, behavioral
sciences, labor relations, decision making, strategic thinking, business law, and more. The data
set in the excel file “Asian” shows the characteristics of the leading Asian-Pacific business
schools.

Managerial Report

Use the methods of descriptive statistics to summarize the data of the Asian-Pacific business
schools. Discuss your findings.

1. Include a summary for each variable in the data set. Make comments and interpretations
based on maximums and minimums, as well as the appropriate means and proportions.
What new insights do these descriptive statistics provide concerning Asia-Pacific
business schools?
2. Summarize the data to compare the following:
a) Any difference between local and foreign tuition costs.
b) Any difference between mean starting salaries for schools requiring and not requiring
work experience.
c) Any difference between starting salaries for schools requiring and not requiring
English tests.
3. Present any additional graphical and numerical summaries that will be beneficial in
communicating the data of the Asian-Pacific business schools to others.
Problem #2. Hamilton County Judges

Hamilton County judges try thousands of cases per year. In an overwhelming majority of the
cases disposed, the verdict stands as rendered. However, some cases are appealed, and of those
appealed, some of the cases are reversed. Kristen DelGuzzi of The Cincinnati Enquirer
conducted a study of cases handled by Hamilton County judges over a three-year period. In the
excel file “Judge” are the results for 182,908 cases handled (disposed) by 38 judges in Common
Pleas Court, Domestic Relations Court, and Municipal Court. Two of the judges (Dinkelacker
and Hogan) did not serve in the same court for the entire thee-year period.

The purpose of the newspaper’s study was to evaluate the performance of the judges. Appeals
are often the result of mistakes made by judges, and the newspaper wanted to know which judges
were doing a good job and which were making too many mistakes. You are called in to assist in
the data analysis. Use your knowledge of probability and conditional probability to help with the
ranking of the judges. You also may be able to analyze the likelihood of appeal and reversal for
cases handled by different courts.

Managerial Report
Prepare a report with your rankings of the judges. Also, include an analysis of the likelihood of
appeal and case reversal in the three courts. At a minimum, your report should include the
following:
1. The probability of cases being appealed and reversed in the three different courts.
2. The probability of a case being appealed for each judge.
3. The probability of a case being reversed for each judge.
4. The probability of reversal given an appeal for each judge.
5. Probability distributions in graphic form.
6. Rank the judges within each court. State the criteria you used and provide a rationale for
your choice.

You might also like