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Managerial Report for Golf Equipment, Inc.

Autor:   •  March 16, 2015  •  Business Plan  •  746 Words (3 Pages)  •  1,104 Views

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Managerial Report for Golf Equipment, Inc.

Ryan

BUAD2070

Mr.K,

        Golf Equipment, Inc. is quite the interesting company. They have developed a new coating designed to resist cuts and provide a more durable golf ball, at an equivalent distance of some less-durable balls. One concern for the company was the effect of the new coating on driving distances. Golf Equipment wanted the new cut-resistant ball to offer driving distances comparable to those of the current-model golf ball. 40 balls of both new and current models were subjected to a distance test. The testing was performed with a mechanical hitting machine so that any difference between the mean distances for the two models could be attributed to a difference in the two models. As golf is normally a serious investment, the data was interpreted accordingly to make sure that the ball has comparable distance. Since the ball has a comparable distance, this means they have created a more durable golf ball with the *same performance as a softer cover ball.

The statistics for the testing of the golf balls are below, using a 95% Confidence Interval. (Meaning 95% of the time, the numbers fall within the parameters tested.) Some quick numbers I feel that are important to make a quick comparison have been color coded for your eyes. This does not mean this is the Alamo for the new ball, as a quick look shows its yardage a mere 3 yards less on average than the current ball.

The Current Ball:

Average Distance is 270.275 Yards

Standard Error        1.38 (Standard Deviation from average distance)

Mode        263 Yards

Standard Deviation from the average is        8.75 Yards

Range from lowest to highest: 34 Yards

Min Yardage        255

Max Yardage        289

Confidence Level is within 2.8 yards of the calculated average.

        

The “New” Ball:

Average Distance is 267.5 Yards

Standard Error        1.56 (Standard Deviation from average distance)

Mode        263 Yards

Standard Deviation from the average is        9.89 Yards

Range from lowest to highest: 39 Yards

Min Yardage        250        

Max Yardage        289

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