"Explain the value of statistics and its contribution to the success of an organization" Essays and Research Papers

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    Statistic Definitions

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    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 for nominal data and is the most frequent occurring value in a data set. Frequencies and percentages are also used to analyze nominal data to describe

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    ASSIGNMENT UNIT 301 TASK B REFLECTIVE ACCOUNT a) Explain why it is important to promote appropriate behaviour and respect for others (ref. 2.2) As learning take place in a social enviroment it will be fundamental to create a good atmosphere helping everyone attending to feel at ease in a space where learners feel safe and comfortable to express their opinion. Each student may have different background‚ culture‚ beliefs‚ experiences and needs‚ so it is very important

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    Statistics in Sports

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    Statistics is a mathematical science pertaining to the collection‚ analysis‚ interpretation or explanation‚ and presentation of data. It is applicable to a wide variety of academic disciplines‚ from the physical and social sciences to the humanities. Statistics are also used for making informed decisions – and misused for other reasons – in all areas of business and government. Statistical methods can be used to summarize or describe a collection of data; this is called descriptive statistics. In

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    Importance of Statistics

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    Subject Areas Use of Statistics 1. World of Sports • Enter results from the different tournaments around the world • Research projects to improve the quality of the game and keep the fans interested • provide analysis on players and team strategy‚ as well as tackle larger research projects • statistical t tools include basic regression analysis‚ logistic regression‚ Monte Carlo simulation‚ classification‚ and hierarchical regression 2. Education • Statistics provides simple yet instant information

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    Descriptive Statistics

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    of top 100 banks in the United States according to the total assets. Leading the list was Bank of America‚ followed by JP Morgan Chase and Citibank. Following is an Excel Analysis of total assets ($ billions) of these banks using the descriptive statistics feature. Study the output and describe what you can learn about the assets of these top 100 banks from the output. Top 100 Banks in the U.S Mean Standard Error Median Mode Standard Deviation Sample Variance Kurtosis Skewness Range Minimum

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    Crime Statistics

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    Due 10/09/2010 Question 2: using research into street violence to illustrate your argument‚ identify dilemmas associated with relying on police statistics as a measure of crime. When the annual crime statistics are reported‚ they can generate many emotions within society. These feelings can be conflicting depending on whether the crime statistics show an increase or decrease in crime fields. When crime rates are down the community feels relieved‚ protected and safe‚ restoring confidence in the

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    of quantitative data (choose either Intrinsic or Extrinsic) Each section should include all data points listed in the column for the variable. The requirements include: Identify the data you selected. Explain why the data was selected. Explain what was learned by examining these sets of data. Your analysis should include using Microsoft Excel to obtain

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    Research and Statistics

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    between two or more variables that suggest an answer to the research question. OR Good & Hatt define hypothesis as shrewd guess or inference that is formulated and provisionally adopted to explain observed facts or conditions and to guide in further investigation. Importance: ❖ Hypothesis enables the researcher to objectively investigate new areas of discovery. ❖ Hypothesis provides objectivity to the research activity.

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    Organization

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    Organization Early in human existence people learned that their individual efforts often fell short of success. They found that they were unable to accomplish many tasks that require more than individual effort. Therefore the necessity of group activity was discovered relatively early in human existence. Group activity could be aimed at some higher‚ more complex set of goals and could thus bring greater benefits to all concerned. This quality of group activity must be counted as one of the chief

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    Discuss the strategic imperative of marketing management to the success of business organizations. In my opinion‚ the marketing strategy that the management department from a company or organization develops is a central role or one of the most important strategies that companies have to analyze in order to be successful on the product or service that they are promoting. As stated on the Marketing Management book by Philip Kotler and Kevin Keller; “Successful marketing requires

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