Statistics is the study of the collection‚ organization‚ analysis‚ interpretation‚ and presentation of data. It deals with all aspects of this‚ including the planning of data collection in terms of the design of surveys and experiments. The word statistics‚ when referring to the scientific discipline‚ is singular‚ as in "Statistics is an art. "This should not be confused with the word statistic‚ referring to a quantity (such as mean or median) calculated from a set of data‚ whose plural is statistics ("this
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Q1. If the News-Express had dropped its To Let 3 as of January‚ what effect would that action have had on the profit? Total Sales (including To Let 3) £11134 Total Cost (including To Let 3) £10974 Profit (including To Let 3) £160 V.C. of To Let 3 £1790 New Cost without To Let 3 £9184 Sales without To Let 3 £8424 Profit/Loss without To Let 3 £-760 If To Let 3 is dropped‚ the revenue and variable cost of To Let 3 is reduced but the fixed cost still remains. Hence after calculation
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techniques can be used to analyze nominal level data to describe variables‚ examine relationships among variables‚ and determine differences between groups in distribution-free or non-normally distributed samples. The assumptions of nonparametric statistics are: (1) values from measurement of study variables need not be normally distributed in the sample‚ and (2) the level of measurement of study variables is usually nominal or ordinal. The mode is the only measure of central tendency that can be calculated
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Statistics: The Applications of Statistics Kashaf Bakali 201105803 Qatar University Post Foundation English 203 – 106 December 17‚ 2012 Dr. James Scotland What is statistics? Statistics is a study which includes the collection‚ analysis‚ organization‚ interpretation and presentation of data. The collection‚ organization‚ analysis‚ interpretation and presentation of data help people in numerous ways; from prediction of diseases and weather up to being useful in business. These
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Introduction to Criminal Justice Colorado Technical University Justin Dodson 25 Nov 2012 Crime statistics as stated by the FBI’s Crime in the United States 2008 can paint a picture of crime in America; unfortunately‚ the picture is not 100% reliable. It is important for all users to become as well educated as possible about how to understand and quantify the nature and extent of crime in the United States and in any of the more than 17‚000 jurisdictions represented by law enforcement
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Statistical Description of Data The word ‘Statistics’ has been derived from the Latin word ‘Status’ which means a political state. It has also it’s either to the Italian word ‘Statista’ or the German word ‘Statistik’ each one of which means a political state. Statistics is defined as “the collection‚ presentation‚ analysis and interpretation of numerical data”. In olden days‚ the data that was collected and maintained for the welfare of the people belonging to the state. We are thankful
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Statistics can be defined as “ the science that deals with the collection‚ classification‚ analysis‚ and interpretation of numerical facts of data‚ and that‚ by use of mathematical theories of probability‚ imposes order and regularity on aggregates of more or less disparate elements” (Dictionary.com‚ LLC‚ 2008). Yet how do we use these specific elements in our everyday working lives? Many don’t realize the extent to which we as a culture base our decisions on statistics. We us them in something
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National air express National air is a competitive air express firm with offices around the country. Frank Smith‚ the Chattanooga‚ Tennessee‚ station manager‚ is preparing his quarterly budget report‚ which will be presented at the southeast regional meeting next week. He is very concerned about adding capital expense to the operation when business has not increased appreciably. This has been the worst first quarter‚ he can remember: snow storms‚ earthquakes‚ and bitter cold. He has asked Marta Lewis
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curry 150 gms Pickle sachet 15 gms Rates Rs. 3.00 Rs. 4.00 Rs. 5.00 Rs. 5.00 Rs. 7.00 Janta Meal (in quality disposable card board boxes) Rs. 10.00 Service tax@6.12% will be charged extra on the above rate MENU FOR RAJDHANI/SHATABDI EXPRESS TRAINS MENU FOR MORNING TEA/COFFEE 3AC/2AC/CC EC/AC-I 1. 2. 3. Éclairs Biscuits Tea/Coffee Sugar 2 nos. 2 nos. 2 nos. 1 nos. 2 nos. 2 nos. 1 no. (7.00gm#) (1.50gm) (2.00gm#) 2 nos. 1 nos. 2 nos. 2 nos. tissue / wet towel 2 nos. 2 nos
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Introduction Federal Express main products are delivering packages to widespread locations within a short time. In this case study‚ we would focus our discussion on its most profitable services‚ i.e. Priority One‚ Standard Air Service‚ and Courier Pak (Table 1). Federal Express Product FedEx specializes in guaranteed overnight delivery of high-priority packages‚ documents‚ and heavy freight. How does Courier Pak fit in Federal Express? For services users Courier Pak is a guarantee overnight
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