Definition Statistics - science of collecting‚ organizing‚ summarizing and analyzing information to draw conclusion or answer questions. - Provides a measure of confidence in any conclusion Population - the collection of all of the people or objects that one considers Individual - a single person of object of the population Sample - a subject of the population (a group of individual of the population) Descriptive statistics - describes data through numerical summaries
Free Scientific method Measurement Level of measurement
Consistency of the data has to be verified before proceeding to more in depth analysis because all the variables have been calculated on a scale and reliability studies the value of measurement. It provides information about the internal regularity of the variables. The Cronbach Alpha Reliability analysis has been used and the Cronbach Alpha coefficient generated by SPSS gives an evaluation of the consistency. Generally‚ if a Cronbach Alpha coefficient of fewer than 0.60 is obtained‚ the internal
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MAT 300: STATISTICS M&M PROJECT PAPER ALEXANDREA WINT PROFESSOR AZAD‚ VARGHA June 3‚ 2012 Purpose of Report The purpose of this project is to find the information for a quality control manager of Masterfoods plant. The manager wants to know about the proportion of candies and if they are the same or different. If there is any difference that exists then the manager wants to know why there is a difference in such cases. A study was conducted and results were obtained and based
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TABLE OF CONTENTS 1.0 INTRODUCTION 1 2.0 THE SELECTION METHOD CONCEPTS 1 3.0 THE JOB INTERVIEW 3 * 3.1 RELIABILITY AND VALIDITY OF THE JOB INTERVIEW 4 * 3.2 STRUCTURING THE CONTENT OF THE INTERVIEW 5 4.0 INTERVIEW IS THE BEST SELECTION METHOD? 6 5.0 CONCLUSION 7 6.0 LIST OF REFERENCES 8 1.0 INTRODUCTION Workforce planning is a systematic process in which the organization identifies the human resource needs and have it aligned
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Introduction reliability centered maintenance is a way for building up a Preventive maintenance program. It depends on the presumption that the inalienable unwavering quality of the equipment is an element of the plan and the fabricate quality. A powerful Preventive maintenance program will guarantee that the characteristic inherent reliability is figured it out. It can’t‚ notwithstanding‚ enhance the unwavering quality of the framework. This is just conceivable through overhaul or adjustment. reliability
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Statistics BUS308: Statistics for Mangers Instructor: Learning Statistics Statistical data has become an item that we see all around us in our everyday lives‚ from television programs talking about selling products or politicians using data to show how they perform in their jobs‚ in hopes to be reelected. Throughout the course in Statistics for Managers‚ I have learned many things on how the use of statistical information can help me to understand these items and also to help me to perform my
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Statistics for Business and Economics Personal pre-assignment 1.9 What is a representative sample? What is its value? The representative sample is a subset of a population of interest that is exhibiting the typical characteristics of the population. The most typical way to cover the up-mentioned criterion is the simple random sample which consist of a sample of units that is selected randomly‚ e. g. the sample is selected form the population on a way that every sample of the size is having
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Week 4 Exercises Chapter 5 – Section 1. Question 5 To perform a certain type of blood analysis‚ lab technicians must perform two procedures. The first procedure requires either one or two separate steps‚ and the second procedure requires either one‚ two‚ or three steps. a. List the experimental outcomes associated with performing the blood analysis. Answer: There are two procedures that a lab technician must perform. The first procedure requires either one or two separate steps‚ which could be named
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2/8 (Friday) Standard Deviation cont’d Example: Amount of money earned by new immigrants Sample: 12‚ 15‚ 16‚ 20‚ 25‚ 36‚ 40 Step 1: Find the mean * x̄=164/7 * mean is 23.4 Step 2: Find how much each observation deviates from the mean * 12 - 23.4 = -11.4 * 15 – 23.4 = -8.4 * 16 – 23.4 = -7.4 * 20 – 23.4 = -3.4 * 25 – 23.4 = 1.6 * 36 – 23.4 = 12.6 * 40 – 23.4 = 16.6 * Note: all observations below mean will be negative‚ all above will be positive Step
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Step 1- Identify the problem Develop a problem statement- What are you going to investigate (use the 6 characteristics of a good problem statement) 1. Be interested in the problem 2. Have a manageable scope 3. Be comfortable in terms of the knowledge‚ time‚ and resources needed to investigate the problem 4. Be able to collect and analyze numerical data 5. Must be a practical or theoretical reason for you to research the problem 6. It must be ethical for you to investigate the problem
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