The numbers of employees at businesses can vary, A business can have anywhere from a single employee to more than 1000 employees. The data shown below are the numbers of manufacturing businesses for nine states in a recent year. (Source: U.X. Census Bureau) Number of Caldoria Illinois 13 451 Indiana Michigan New York 16076 Pennsylvania 19 681 Wixomin Number of Manufacturing Businesses by Number of Employees State 1-4 5 9 Itthe California 7.074 5.494 1-44 Illinois 4,683 2.234 2,1010 2.165 1.1.21 Indiana 7.225 1.319 1.276 1.403 TUT Michigan 4,065 2.103 2,044 47 New York 2.810 2.134 187 171 75 24 Ohio 2.460 2.495 311 112 51 Pennsylvania 2.305 1.125 368 70 35 Texas 7,019 3.409 29 3.078 1.501 1.1.14 145 Wincomin 2.657 1,372 1.520 725 227 24 EXERCISES Use the information given in the above rabies L. Employees Which state has the greatest 4. Standard Deviation Estimate the standard number of manufacturing employees? Explain deviation for the number of employees at a your reasoning manufacturing business for each state. Use 1500 2. Mean Business Size Estimate the mean as the midpoint for *1000+." number of employees at a manufacturing 5. Standard Deviation Which state has the business for each state. Use 1500 as the midpoint greatest standard deviation? Explain your for *1000+." reasoning. 3. Employees Which state has the greatest 6. Distribution Describe the distribution of number of employees per manufacturing the number of employees at manufacturing business? Explain your reasoning businesses for each state.Risk Management Failure response matrix 09/09/2016 WES Act. Failure mode Response strategy Risk Trigger signal Contingency plan ownership Purchasing Sharing Partnership due to Take a bank loan so as to complete the equipment Failure to purchase all the the magnitude of risk Designer Insufficient funds project specified equipment Purchase and Transfer by contracting an install TV Failure of TV to work electrician Designer Failure to switch on Contract an electrician Furnish living Transfer. More labor will be Taking longer than room Failure to complete the contracted so as to Contactor the time in the work Adjust the time in the work breakdown complete the project in breakdown structure structure project in time Equip kitchen Higher more qualified Items missing from The store keeper or security guard will Theft of the procured security guards Contractor the purchased be held liable for any goods lost under equipment his duty equipment Purchase Transfer the risk by Bocessories Goods getting damaged undertaking an insurance Contractor Damaged or broken Decrease the order quantity to mitigate cover for the equipment equipment the loss incurred in case of an accident during transportation Furnish living Establish buffer stock which Lack of enough Failure to complete the room when reached a reorder Contractor resources to Pay an expediting cost so as to have the quantity is order before the complete the project ordered materials delivered faster project in time materials run out3-13 Analyze Amazon.com and Walmart using the value chain and competitive forces models. 3-14 Compare the role of grocery sales in Amazon and Walmart's business strategies. 3-15 What role does information technology play in these strategies? 3-16 Which company is more likely to dominate grocery retailing? Explain your answer.Number of manufacturing State businesses California 38,293 Illinois 13,531 Indiana 8,036 Michigan 12,361 New York 16,076Number of Manufacturing Businesses by Number of Employe State 1-4 5-9 10-19 20-49 50-99 California 15,320 7,074 5,862 5,494 2,276 Illinois 4,683 2,234 2,103 2,165 1,123 Indiana 2,225 1,319 1,276 1,403 797 Michigan 4,055 2,103 2,008 2,044 974 New York 7,048 2,810 2,342 2,134 885State 1-4 5-9 10-19 20-49 50-99 100-249 250-499 500-999 1000+ California 15.320 7.074 5,862 5.494 2.276 1.609 433 144 81 Illinois 4.683 2.234 2,103 2,165 1.123 852 241 96 34 Indiana 2.225 1,319 1.276 1.403 797 640 229 99 48 Michigan 4.055 2,103 2,008 2,044 974 800 254 76 47 New York 7.048 2.810 2.342 2,134 885 587 171 75 24 Ohio 4,274 2,469 2,281 2,495 1.233 982 311 112 51 Pennsylvania 4.505 2,292 2.185 2.335 1.125 860 268 79 35 Texas 7.019 3,409 2.994 3.078 1.501 1.114 358 145 63 Wisconsin 2.657 1,372 1,342 1.520 889 725 227 97 29Variable 2014 2015 2016 2017 2018 Net foreign direct investment (millions of current BHD) 2.962.69 3.328.87 3.541.35 3,849.29 4.276.99 Household final consumption expenditure millions of current BHD) 5.083.84 5,312.25 5.448.56 5.596.35 5.605.00 Exports of goods and services (millions of current BHD) 12,058.00 9,702.80 10.107.60 11,264.60 General government final expenditure (millions of current BHD) 2,024.33 2,064.76 2,073.93 2,217.66 2,310.75 Statistical discrepancy (millions of current BHD) 257.23 282.96 GDP (millions of constant 2010 BHD) 11,567.97 10,589.49 Inflation, consumer prices (annual %) 2.6 1.8 2.8 2.1 Gross Fixed Capital Investments (millions of current BHD) 3.370.01 3,009.01 3.539.26 4.375.18 5.147 29 Imports of goods and services (millions of current BHD) 9.982.40 8.385,50 7,929.10 8,977.50 10,170.30 Consumer price index (2010 = 100) 1083 110.5 115.2 117.6 GDP per capita (constant 2010 BHD) 8,421 8.436 8,399 8,320 8,076 Labor force, total 758.359 777,895 817,831 869.405 926.959 Population ages 0-15, total 276.233 286,027 290,718 296,447 302,185 Population ages 15-64, total 1,029.181 1.053.939 1,101.674 1,162,183 1.229,175 Population ages over 64, total 30.651 31,885 33.399 35.444 38,079 Population, total 1,336.075 1,371,851 1,425,791 1.494.074 1,569,439 GDP (millions of current BHD) 12,126.05 Unemployment (% of total labor force) 3.9 3.6 3.3 3.02 Employment (% of total labor force) 97.1 GDP growth (annual %) RGDP growth (annual %)