BBA (Fall - 2014) Business Statistics Theory of Probability Ahmad Jalil Ansari Business Head Enterprise Solution Division Random Process In a random process we know that what outcomes or events could happen; but we do not know which particular outcome or event will happen. For example tossing of coin‚ rolling of dice‚ roulette wheel‚ changes in valuation in shares‚ demand of particular product etc. Probability It is the numeric value representing the chance‚ likelihood‚ or possibility
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HOT MECHANICAL WORKING 1. Ingost slow to solidify (Ingost can’t be used for engineering purpose) 2.Its structure is disorderly‚course and inhomogeneous chemistry and impurities. 3.Therefore ductility is poor and highly stressed. 4.The stresses are sufficient to repture if sudden temperature stress are induced. Reasons for hot working : 1. Reconstruction and refinement of crystalline structure. 2. Fragmented and arranged in a desired direction. 3. Section is reduced to a desired
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GOALS When you have completed this chapter‚ you will be able to ONEDefine probability. TWO Describe the classical‚ empirical‚ and subjective approaches to probability. THREEUnderstand the terms experiment‚ event‚ outcome‚ permutation‚ and combination. FOURDefine the terms conditional probability and joint probability. FIVE Calculate probabilities applying the rules of addition and multiplication. SIXUse a tree diagram to organize and compute probabilities. SEVEN Calculate a probability using Bayes
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‘Corporate social responsibility‚ public policy and NGO activism in Europe and the United States: an institutional-stakeholder perspective’ Donaldson‚ L. and Davis‚ J. H. (1991). ‘Stewardship theory or agency theory: CEO governance and shareholder returns’ Donaldson‚ T. and Preston‚ L. (1995). ‘The stakeholder theory of the corporation: concepts‚ evidence‚ and implications’. Academy of Management Review‚ 20‚ 65–91. Dutta‚ P. K.‚ Lach‚ S. and Rustichini‚ A. (1995). ‘Better late than early: vertical differentiation
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continuously relied on group effort‚ and as many organized groups have become large‚ the task of managers has been increasing in importance and complexity. Henceforth‚ managerial theory has become crucial in the way managers manage complex organizations. It has to be unequivocally emphasized that managers who mix management theories in their day-to-day practice‚ have better chances of managing their organizations more efficiently and effectively to achieve both individual and organizational objectives.
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BACKGROUND * In the late 1950s‚ Orlando developed her theory inductively through an empirical study of nursing practice. * For 3 years‚ she recorded 2000 observations between a nurse and patient interactions. She was only able to categorize the records as "good" or "bad" nursing. * According to records: Good Nursing nurses focus was on the patients immediate verbal and non verbal behavior from the beginning through the end of the contact * Bad Nursing nurses focus was on a prescribed
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negatively. How could you make a disease that is defined in the DSM V by unproductiveness‚ feelings of guilt and worthlessness‚ and even thoughts of suicide into something good? Scientists have created almost a dozen theories explaining the possible benefits of depression. One theory‚ developed by Dr. Andrew Miller and Dr. Charles Raison‚ claims that people who are depressed have an over-activation of the immune system which leads to inflammation‚ even when they are not affected by
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introduce structural contingency theory and its underlying assumptions. Specific attention will be given to the “patterned systems” approach (Van de Ven and Ferry 1980) which will be used to conceptualize the central aspect of “fit”. We will discuss certain shortcomings of the chosen approach and introduce the concept of social network analysis which will be employed within the contingency framework in order to sharpen the analysis. Second‚ we will apply the theory to the evaluation objectives of
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REPORTERS Objectives: 1. To identify the main characteristic of grounded theory. 2. ------------------------------------------------- To critically evaluate the methodology of grounded theory. Grounded Theory Grounded theory was developed in 1960’s by two sociologist‚ (Glaser and Strauss‚ 1967) one of whom (Strauss) had strong theoretical training in symbolic interaction. One of their earliest studies was grounded theory on dying in hospitals in which the prime controllable variable was characterized
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Conspiracy theories have been around for long periods of time‚ many people write them for many different reasons. The theories written can cover so many different things like; the Bill Clinton assassination theory‚ the Illuminati theory and Bermuda Triangle theory. The people who write these theories usually write them to feel more self worth‚ to feel better about what’s going on in society today. Many people tend to believe the people who write these theories. Conspiracy theories are written for
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