LESSON – 1 STATISTICS FOR MANAGEMENT Session – 1 Duration: 1 hr Meaning of Statistics The term statistics mean that the numerical statement as well as statistical methodology. When it is used in the sense of statistical data it refers to quantitative aspects of things and is a numerical description. Example: Income of family‚ production of automobile industry‚ sales of cars etc. These quantities are numerical. But there are some quantities‚ which are not in themselves numerical
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ASSIGNMENT: Ethics in Statistics There are a number of possible ways in which unethical behavior can arise in statistics and researchers should steer clear of these. It is relatively simple to manipulate and hide data‚ projecting only what one desires and not what the numbers actually speak‚ thus giving birth to the famous phrase “Lies‚ damned lies and statistics”. However‚ this doesn’t happen all the time and there is no reason not to believe in the conclusions of a statistical analysis (Siddharth
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Symbol of peace Content Name page no. 1. Introduction 2. Subject 3. Object 4. Design &sculpture- Form (Sarmin Sultana -1020861) Color
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IMPORTANCE OF STATISTICS In today’s world we are faced with situations everyday where statistics can be applied. Statistics can be used to determine the potential outcome of thousands of things where the human mind alone wouldn’t be able to. Statistics benefits all of us because we are able to predict the future based on data we have previously gathered. Being able to predict the future not only changes our lifestyle but also helps us be more efficient and effective. Statistics is the science of
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better decisions when they use all available information in an effective and meaningful way. The primary role of statistics is to to provide decision makers with methods for obtaining and analyzing information to help make these decisions. Statistics is used to answer long-range planning questions‚ such as when and where to locate facilities to handle future sales. 2 Definition s Statistics is defined as the science of collecting‚ organizing‚ presenting‚ analyzing and interpreting numerical data
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3ER PARCIAL Inferential statistics Sampling * The purpose of sampling is to select a set of elements (sample) from a population that we can use to estimate parameters about the population * The bigger the sampling‚ the more accurate our parameters will be. example: In the experiment of deciding if CEGL girls are smarter that CEGL boys‚ which would be your statistical hypothesis? Hypothesis testing But now‚ you already gathered information about a sample No‚ you will test if your
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Definition: 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. A statistician is someone who is particularly well-versed in the ways of thinking necessary for the successful application of statistical analysis. Such people have often gained experience through working in any of a wide number of fields. Some
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Common Flowchart Symbols The process symbol represents a process‚ action‚ or function. It’s the most widely-used symbol in flowcharting. The document symbol represents the input or output of a document. Examples of input are receiving a report‚ email‚ or order. Examples of output are generating a presentation‚ memo‚ or letter. The decision symbol indicates a question to be answered—usually yes/no or true/false. The flowchart path may splinter into different branches depending on the
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In Glaspell’s drama Trifles‚ she conveys a theme that relationships can be oppressive. Three symbols used to convey the theme are the cage‚ the rope‚ and the bird. In the drama Trifles‚ Glaspell uses the cage as a symbol to represent the marriage. About half way into the drama Mrs. Hale begins to make comments about the house‚ Mrs. Hale. It never seemed a very cheerful place. This shows a relationship between the marriage and the setting. It resembles an unhappy place‚ much like a prison; furthermore
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Misinterpretation of symbols Now days people tend to have a fashion use for certain symbols such as the heart‚ cross‚ peace sign‚ etc. without taking in consideration that it might offend others. Symbols are used worldwide to represent many things like religion and emotions‚ but we have to keep in mind that some symbols look or are the same in many cultures but they do not always have the same meaning. Many societies have forgotten the original meaning of a symbol‚ replacing it with a more modern
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