Major, MassimilianoIn Class Assignment: Week 7a) After computing calculations, the average lead time of order is not equal to 8, it is 9.474.b) Supplier ‘Durrable Products’ does not supply at least 15% of all order counts, instead they supply about 13.8% of all orders. (13/94)c) My hypothesis is that there is less than 20% of all purchases that cost either $50,000 or more. I formed my hypothesis from looking over the data and seeing that a plethora of orders seemed to barely make it past $25,000. After calculating results, we find that about19.15% of all orders either reach or exceed $50,000, thus concluding that my hypothesis was right.
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