# BU Data Meaningfulness Problems

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Due on: 09/20/2023
Posted On: 09/19/2023 11:33 PM
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BU Data Meaningfulness Problems

For each of the settings and accompanying data sets, evaluate the data that was collected relative to the problem setting. Evaluate whether the data collected was appropriate and representative of the information that is required to analyze the problem presented in the problem setting.

Setting 1:

You are going to sell your house. You are determining what the price should be. To help you, you have collected information of houses that have sold in your neighborhood during the past eighteen months. You checked houses within a four mile radius and here is the information you collected. You are going to base your determination of the price of your house based on the following information. Evaluate and discuss whether the data collected was appropriate and representative of the information that is needed to analyze the problem presented in the problem setting.

 House House Age Square Feet Selling Price 1 33 1812 \$190,000 2 32 1915 \$205,200 3 32 1840 \$194,000 4 32 1832 \$192,000 5 33 1851 \$202,000 6 34 2032 \$208,600 7 31 1755 \$188,200 8 30 1805 \$205,000 9 28 1900 \$215,000 10 29 1485 \$192,000 11 31 1525 \$195,000 12 32 1515 \$192,200 13 33 1685 \$201,300 14 34 1600 \$205,400 15 35 1650 \$218,000

Setting 2:

You are going to set your budget for your utility (gas/water/sewer and electricity) expenses for the next year. You have recorded your utility expenses for the past year. That information is provided below. Evaluate and discuss whether the data collected was appropriate and representative of the information that is required to analyze the problem presented in the problem setting.

 Utilities Utilities Period Gas, Water, Sewer Electricity Mar, 2011 125.47 65.68 Apr, 2011 70.89 61.5 May, 2011 72.58 59.93 Jun, 2011 80.91 72.17 Jul, 2011 66.08 101.35 Aug, 2011 84.58 118.04 Sep, 2011 80.39 80.07 Oct, 2011 88.12 60.76 Nov, 2011 86.5 58.7 Dec, 2011 130.06 70.22 Jan, 2012 131.34 65.5 Feb, 2012 121.2 67.71 Mar, 2012 98.96 67.99

• Putting DMAIC of Six Sigma in practice - Sanders, Matthew; Prior, Alex International Journal of Business and Social Science2. 5 (Mar 2011).
http://ijbssnet.com/journals/Vol._2_No._5_%5BSpecial_Issue_-_March_2011%5D/14.pdf
• Quality function deployment - Yairi, Mohamed; Youssef, Mohamed A. The International Journal of Quality & Reliability Management12. 6 (1995): 9.
• Video; The Lean Journey: This Lean Garage/How to Implement 5S (29 minutes) - Martichenko, Robert. Note: this video is the first of multiple videos on this subject.
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