1.Mean and median are used as the primary measurement. Mode is seen in the first table and table 3 Appropriate measure of central tendency? Absolutely‚ the mean is clearly stated and many variations are introduced. Comparisons between years are used to show increases or decreases within the infant mortality rate. 2. How were measures of variation used in the study? Amongst the data collected several variations were introduced. These variations within cultures including Whites‚ Blacks
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REPORT ON “Use of Central Tendency and Dispersion in Business Decision” Course Title: Business Statistics Course Code: STS201 Submitted To: Mr. Raihanul Hasan Senior Lecturer Submitted By: Date of submission: 26-12-12 BBA PROGRAM STATE UNIVERSITY OF BANGLADESH We can use single numbers called “Summary Statistics’ to describe characteristics of a data set. Two of these characteristics are particularly important to decision makers: 1. Central tendency 2. Dispersion
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science provided the physical means of acquisition of territory and its control. Second‚ the development of the powerful intellectual system of modern science gave Europe a cultural and ethnic superiority which in turn provided legitimacy for the colonial rule. From 1869 till‚ say‚ 1914 the Indian upper class made conscientious efforts to cultivate pure science with a view to countering the ideological domination by the British. As a corollary‚ the role of science as a new means of production of wealth
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How will you measure your life? 1. How can I be sure that I’ll be happy in my career? Some people assert that money is the most powerful motivator in their lives‚ and the more money they earn‚ the more happiness they will have. However‚ from my personal perspective‚ I believe that getting more opportunity to learn what I am not familiar with‚ taking responsible for my behavior‚ contributing to others in need in the society‚ and trying my best to achieve my goals in my career are the most
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Assignment on Central Tendency and Dispersion 1. A manufacturer of hand shovels is deciding what length handles to use. Studies of user preference reveal that the average‚ the median‚ mean and mode of preferred length are all different. What are the implications of using each of these values? Which value would you decide? 2. A given machine is assumed to depreciate 40 percent in value in the first year‚ 25 percent in value in the 2nd year and 10 percent in value in the next three years; each
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Powerful tools include the use of coercion‚ threats‚ punishment‚ and any other means necessary to achieve teamwork. Dr. Clayton Christiansen describes how it molds children as well as in a corporation. In my parents’ house‚ this was their choice when my siblings and I were out of line. It would usually start with a series of threats. When threats were not taken seriously‚ it would be followed by immediate punishment. Dr. Christiansen in his HBR article‚ “How Will You Measure Your Life?” explains that
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We often forget our priority in our life while we are doing our job. Priority is important for our lives‚ which keep us to maintain the relationship with family members‚ religious faith‚ personal time‚ and culture. The journal named‚ "How Will You Measure Your Life?" in Harvard Business Review‚ which is written by Dr. Clayton Christensen‚ alert about unclear positioning priorities between our jobs and our personal lives. The article mainly emphasized on creating a strategy‚ building a purpose‚ allocating
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1. What is Tannen’s purpose in writing this essay? What does she hope it will accomplish? From what I gathered Tannen’s purpose was for us to comprehend the importance of communication in the work field. How the simplest verbal functions can be interpreted in many different ways. “Conversation is a ritual” I find so much meaning behind these four simple words‚ the article in its entirety are summed up by these word. Tannen wants to enlighten us to remember that our words are powerful. I believe she
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How will you use your scholarship if you receive it? I am planning to use this scholarship to pay off my college tuition. I no longer qualify for Financial Aid and this tuition would be a great opportunity to help me pay for my tuition‚ textbooks and lab expenses. I am trying my best to keep my college debts at a minimum. I have also applied for other scholarships with the hope that I will receive the help for my school expenses. Five years from now I see myself graduated from college with my bachelors
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data values of 27‚ 25‚ 20‚ 15‚ 30‚ 34‚ 28‚ and 25. a) Compute the mean‚ median‚ and mode. b) Compute the 20th‚ 65th‚ and 75th percentiles. c) Compute the range‚ interquartile range‚ variance‚ and standard deviation. Answers: Data values: 15‚ 20‚ 25‚ 25‚ 27‚ 28‚ 30‚ 34 a) Mean: [pic]= ∑xi/n = (15+20+25+25+27+28+30+34) / 8 = 204 / 8 = 25.5 Median: Even number‚ so median is = (25+27)/2 = 26 Mode: Most frequent number = 25 b) 20th Percentile = (P/100)n =
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