Data-Based Decision Making Jennifer Rebelo EDC 6103 September 6‚ 2012 According to the Data Quality Campaign of 2011‚ every state now has the opportunity "from parents to policymakers‚ to use data to inform decisions that will improve student outcomes and system performance" (Data for Action‚ 2011). Studies have indicated that 36 states collect and provide information in regards to students past performance‚ and 33 states actually produce reports that measure students’ individual
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1 Secondary data analysis: an introduction All data are the consequence of one person asking questions of someone else. (Jacob 1984: 43) This chapter introduces the field of secondary data analysis. It begins by considering what it is that we mean by secondary data analysis‚ before describing the type of data that might lend itself to secondary analysis and the ways in which the approach has developed as a research tool in social and educational research. The second part of the chapter considers
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Business Strategy and the Importance of Data-Driven Decision Making Business Strategy and the Importance of Data-Driven Decision Making Good decision making is arguably the most important skill a successful manager can possess‚ but the ability to make intelligent decisions on an on-going basis requires not only intuition and experience‚ but also the right data. In fact‚ Garrison‚ Noreen‚ and Brewer (2012) identify intelligent‚ data-driven decision making as a business leader’s
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THE TOPIC: Primary research is any type of research that we go out and collect ourselves. Examples include surveys‚ interviews and observations. In other words information that has been collected at first hand is called primary research. It involves measurement of some sort‚ whether by taking readings off instruments‚ sketching‚ counting‚ or conducting interviews. Conducting primary research is a useful skill to acquire as it can greatly supplement our research in secondary sources‚ such as
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|Homework: | DATA MODEL AND DECISION MAKING by Demitri Betrimas | • Exercise 2.4 • Exercise 2.9 • Exercise 2.24 Exercise 2.4 – a) What is the probability of finding oil at all three of the sites? The table below shows the different events and there probabilities Event Symbol Probability The event of finding oil at 1st site A 0.70 The event of finding
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PRIMARY AND SECONDARY SOURCES What is Primary Sources? * Primary sources are original materials. Generally‚ primary sources are not accounts written after the fact with the benefit of hindsight. * Information for which the writer has no personal knowledge is not primary‚ although it may be used by historians in the absence of a primary source. * Primary sources provide first-hand testimony or direct evidence concerning a topic under investigation. They are created by witnesses or recorders
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convey significant information to provide evidence in research”. Historians use sources to get more information about the topic that he is looking for‚ and also gives the project credibility. The text does not focus on ideas or opinions; the roots are data and real factors. Can we use all the sources? No‚ we cannot. The sources used by the historian must be analyzed‚ evaluated and interpreted. In addition‚ the historian must know the connection between the historical moment and the relation with the
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general markets (where many commodities are traded) and specialized markets (where only one commodity is traded). Markets work by placing many interested buyers and sellers‚ including households‚ firms‚ and government agencies‚ in one "place"‚ thus making it easier for them to find each other. In finance‚ financial markets facilitate: * The raising of capital * Transfer of risk * Price discovery * Global transactions with integration of financial markets * International trade
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Bottom of Form Primary and Secondary Markets The Primary market deals in newly issued securities where the price is fixed by the underwriter. Secondary markets deal with already issued stocks / bonds. The Primary market deals in newly issued securities where the price is fixed by the underwriter. Primary markets act as a source of new funds for the company issuing the stocks or bonds. Underwriters often reserve for themselves and their important clients a portion of the primary shares as part
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Primary Secondary Groups A primary group is typically a smaller group with very close and personal relationships. While a secondary group far less personal and usually has a function or goal that was in mind while the group was created. Primary groups build on human’s basic need of being social and accepted. This can come from family or even cliques at school. I chose family and military as my primary groups that I have and am a part of that I will analyze my role in these group situations. The
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