Preview

Statisitcs Normal Distribution

Satisfactory Essays
Open Document
Open Document
525 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Statisitcs Normal Distribution
I. Read The Wall Street Journal and The Economist daily. II. Become intimate with Microsoft Excel. III. Know the fundamentals of Accounting. IV. Refresh working knowledge of Statistics.

Harvard Business School Dean Announces 5 New Priorities
What does this mean for you? During the interview, you will be asked to articulate why a particular school’s curriculum is a good fit for you and your professional goals. Make sure you understand the distinctions between different programs — which ones offer case-method learning, which ones offer a “mixed” teaching style, which offer greater flexibility, which have a greater range of courses available, etc.
Make sure you don’t simply repeat the obvious in your essay; telling the schools what their curriculum consists of and stating that you admire it will not win you points in the admissions process. In your application essay, you should show why and how a specific curriculum will work for you. Also remember that you are applying to business school at a time when innovation, diversity, social consciousness, and civic awareness are becoming more important. In a time like this, you definitely do not want to come across as someone just “looking to get a ticket punched.”
The bottom line. The MBA degree will continue to be an important fixture in the corporate world. Business schools are, in a sense, businesses themselves and will continue to ensure their relevance. Despite the debate about the worth of an MBA in today’s tough economic times, placement rates at the top programs are excellent this year (Tuck is nearly back to its pre-recession placement level). The MBA continues to signify to employers a knowledge of core business subjects and an ability to handle complex management issues.
Also note that the Wharton School of Business, the Yale School of Management, the Stanford Graduate School of Business, and the Berkeley Haas School of Business have recently announced plans to revamp their curriculum as well.

You May Also Find These Documents Helpful

  • Good Essays

    As my MBA concentration is in General Business and Finance the most relatable to my…

    • 767 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    2) Describe the weights of the top 10% of the babies born with each gestation period.…

    • 1859 Words
    • 8 Pages
    Satisfactory Essays
  • Better Essays

    Statistics Midterm

    • 1636 Words
    • 7 Pages

    The statistic would be the percentage of drivers which is (75%) of those having uncorrected vision problems in the sample of 460 drivers studied. The parameter that is estimated would be the population…

    • 1636 Words
    • 7 Pages
    Better Essays
  • Good Essays

    The Opus College of Business school offers three degrees including Bachelor of Arts in Business Administration, Bachelor of Science in Real Estate, and a minor in Business. The BA degree in Business Administration has seven majors and twelve concentrations. The concentrations has a diverse range of business related topics such as Business Communication, Entrepreneurship, Marketing, Leadership and Management, and Human Resources. The BS degree in Real Estate provides students with a background in general business and real estate theory and practice. The degree focuses around property assessment and sales, how they change and how these changes affect real estate and individuals. Related…

    • 1911 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Nyu Emba Essay

    • 731 Words
    • 3 Pages

    3. The NYU Stern Executive MBA program’s curriculum is designed with a strong global focus. Stern is committed to helping students develop not only a deeper set of professional skills, but also a broader perspective of the role of business in the world. (500-750 words, double-spaced)…

    • 731 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    COMP 211 DATA AND SYSTEM MODELING (PROB/STAT) Spring 2012 Assignment #2 Due: Monday, 5pm, 4/16/2012 Total points: 200 (each question 20 points) Please submit a softcopy (in PDF format) of your assignment to WebCT before the deadline. Late penalty: within 24 hours after the deadline: ‐20%; after 24 hours: 0 point. Question 1: [20 points] A film-coating process produces films whose thickness are normally distributed with a mean of 110 microns and a standard deviation of 10 microns. For a certain application, the minimum acceptable thickness is 90 microns. (a) What proportion of films will be too thin? (b) To what value should the mean be set so that only 1% of the films will be too thin? (c) If the mean remains at 110, what must the standard deviation be so that only 1% of the films will be too thin? Question 2: [20 points] If a resistor with resistance R ohms carries a current of I amperes, the potential difference across the resistor, in volts, is given by V=IR. Suppose that I is lognormal with parameters μI =1 and σI2 = 0.2, R is lognormal with parameters μR =4 and σR2 = 0.1, and that I and R are independent. (a) Show that V is lognormally distributed , and compute the parametersμV and σV2 (Hint: ln V = ln I + ln R) (b) Find P(V < 200) (c) Find P(150≦V≦300) (d) Find the mean of V (e) Find the median of V (f) Find the standard deviation of V Question 3: [20 points] The number of traffic accidents at a certain intersection is thought to be well modeled by a Poisson process with a mean of 3 accidents per year. (a) Find the mean waiting time between accidents. (b) Find the standard deviation of the waiting times between accidents. (c) Find the probability that more than one year elapses between accidents. (d) Find the probability that less than one month elapses between accidents. (e) If no accidents have occurred within the last six months, what is the probability that an accident will occur within the next year? Question 4: [20 points] If T is a continuous random…

    • 765 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    The first item I find attractive at Wellesley College is the center of work and service, a place full of opportunities and possibilities. I like putting effort on community service and have volunteered in local charity for three years. Every summer vacations, I go to the old people's home and play the guitar for them. When I saw their enjoyments during my performance, I could taste the sweetness of helping others. Their smiles inspired my devotion in the community, which I hope to keep doing in my college. If I could be admitted, I would like to participate in the Wellesley Habitat for Humanity and the Chinatown Afterschool Program because of my manipulative skills and my advantage on multi languages. Additionally, I believe the work experience…

    • 297 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Queens Goals Essay

    • 520 Words
    • 3 Pages

    So far I have had the fortune of working in India, UK and Netherlands. My ability to integrate easily in foreign communities has provided me with the confidence to anticipate and even enjoy challenges abroad – a capability that could only benefit my future endeavors. While my experience has given me a good understanding of the IT services industry, what I lack are skills in business management. An MBA would be an effective forum for garnering such skills. What I also expect from an MBA is…

    • 520 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    This is an interactive course designed to help students achieve a greater understanding of the statistical methods and models available to analyze and solve business management problems. The course is designed for students majoring in a business administration or management course of study. Successful completion of this course will provide students with a working knowledge of the principles of statistics, the ability to analyze and solve problems involving probability, and a working knowledge of averages and variations, normal probability distributions, sampling distributions, confidence intervals and testing statistical hypotheses. The emphasis of the course will be on the proper use of statistical techniques and their implementation rather than on mathematical proofs. (Prerequisite: MATH110 formerly MA112).…

    • 6748 Words
    • 27 Pages
    Powerful Essays
  • Good Essays

    Every time I was asked the question “where did you graduate from?” and I would respond that I earned my degree from X College. And they say wow that is a wonderful and well reputed college. It gives me such an enormous feeling inside me when I hear that. Fortunately, I had the greatest moment and the best experience when I was undergraduate student. Luckily, the schedule of their evening courses accommodated my busy schedule perfectly in a way that I was working full time running my business during the day and taking most of my classes at night. That is one of four major factors that I took into consideration that made me think that X School is the one that will help me attain my goals.…

    • 387 Words
    • 2 Pages
    Good Essays
  • Good Essays

    I have enrolled myself for a Post Graduate Diploma in Business Management (a.k.a. MBA) at XIMB because I want an understanding of other facets of commerce than my core fields of expertise. I am planning to undertake courses in the fields of Marketing (mainly product related not service oriented) and Operations (logistics, systems and warehousing). I understand that being from a core finance background many of my peers would question my decision to move into a field considered less lucrative and not as glamorous. But I need a general management and also function diversified education if I have to achieve any degree of success at the task that I have set for myself.…

    • 556 Words
    • 3 Pages
    Good Essays
  • Good Essays

    MBA Industry: The MBA school industry includes universities and colleges that offer academic courses and grant graduate degrees. The general requirement for admission is a bachelor’s degree and GMAT® scores. Some schools and programs also require prior employment experience. Instruction is typically provided on physical campuses, although online education and other unconventional approaches are gaining popularity. For purposes of this paper, for-profit institutions or community colleges are not included in the industry definition.…

    • 807 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Management education has of late become one of the fastest growing industries all over the globe, and especially so in India. The manner in which business schools have been proliferating in all metros and tier II cities in our country during the last couple of decades goes to prove that business education, as a commercial proposition, has become big business. Being a lucrative business, politicians, real estate magnates and charitable trusts have been vying with each other to jump into the business school band-wagon. For many, this was an ideal business with minimum investment, zero risk and assured high returns from the start. But alas, as is the case of every business, the boom period appears to have come to an abrupt end today, as is evident from the unfilled seats for MBA programmes in several institutes during the current academic year. There are a few business schools in Bangalore today, that failed to fill the seats this year beyond 5 to 15, against their sanctioned…

    • 2761 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    case BSL

    • 1150 Words
    • 5 Pages

    Regarding the situation on the market, it is quite obvious that the number of BSL’s competitors has been constantly rising due to the rising demand for MBA and EMBA programs in contemporary business environment. According to the data presented, there are more than 20 universities and business schools providing MBA and EMBA programs in Switzerland. Moreover, the process of globalization has created new challenges for business schools. From this point of view, Katrin Muff’s enthusiasm about innovating BSL and its educational programs has proved its value. Moreover, Katrin Muff has conducted a compelling research of the school position on the market (e.g. SWOT analysis, interviews and questionnaires, etc.), which shows the necessity of the changes suggested by Katrin Muff. She has analyzed the stakeholders’ desires and tried to understand and focus on the expectations of each of them. That is why, in my opinion, the differentiation strategy, implemented by Katrin Muff will definitely bring results and benefits…

    • 1150 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Statement of purpose

    • 407 Words
    • 2 Pages

    Studying for an MBA requires a certain determination and strength of character. In recent years, the business world has become rapidly integrated across once restricting borders, and anyone with high goals in the business world must have an international perspective and be aware of the realities of different international arenas.…

    • 407 Words
    • 2 Pages
    Satisfactory Essays