"Importance of statistics in business statergy" Essays and Research Papers

Sort By:
Satisfactory Essays
Good Essays
Better Essays
Powerful Essays
Best Essays
Page 44 of 50 - About 500 Essays
  • Powerful Essays

    Section 1.1 - Introduction to the Practice of Statistics 1. Explain the difference between a population and a sample. A population is the entire group to be studied and a sample is a portion of the population. 2. Explain the difference between a parameter and a statistic. A statistic is a numerical summary of a sample and a parameter is a numerical summary of a population. 3. What is Descriptive Statistics and how is it used? Descriptive statistics describes the results of a sample without

    Premium Sampling Sample

    • 3045 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    Statistics Direct/Interview method * One of the modes of administration of survey method used for collecting primary data * This is a method of person-to-person exchange between the interviewer and the interviewee. * This method provides consistent and more precise information since clarification may be given by the interviewee. Advantages of interviews * they are useful to obtain detailed information about personal feelings‚ perceptions and opinions * they allow more detailed questions

    Free Interview Semi-structured interview Structured interview

    • 496 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Question 1: State the null hypothesis and alternative hypothesis ONLY i) One of the major Malaysia tire makers wishes to review its warranty for their rainmaker tire. The warranty is for 40‚000 kilometers. The tire company believes that the tire actually lasts more than 40‚000 kilometers. A sample 49 tires revealed that the mean number of kilometers is 45‚000 kilometers with a standard deviation of 15‚000 kilometers. What is the null hypothesis and alternative hypothesis? ii) It is claimed

    Premium Statistics Statistical hypothesis testing Arithmetic mean

    • 533 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Drunk Driving Statistics

    • 506 Words
    • 3 Pages

    Drunk Driving Statistics In a study conducted by MADD (Mother’s Against Drunk Driving)‚ during the years 1999 to 2008 there were a total of 2‚050‚132 impaired driving accidents. The total cost of these accidents was an estimated $205.3 billion. That is approximately $6‚221 per Canadian. Broken down annually‚ the estimated cost to Canadians is $20.53 billion‚ or approximately $622 per person per year. Besides the cost‚ fatalities are a massive issue when it comes to driving under the influences

    Premium Alcohol law Drunk driving Driving under the influence

    • 506 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Barron's Ap Statistics

    • 973 Words
    • 4 Pages

    I read Barron’s How to Prepare for the AP Statistics Exam. A very educational book helped a lot on the AP test. It clarified ideas that I was uncertain on. It helped me to understand when to use each test and the assumptions needed for each test. Type I and Type II errors were explained in such a way that they became crystal clear to me instead of muddy. Computer and Minitab outputs were thoroughly explained‚ and I became comfortable with them after reading this book. The Barron’s guide also

    Premium Normal distribution Statistics Statistical hypothesis testing

    • 973 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Statistics Exercise 11

    • 389 Words
    • 2 Pages

    standard deviation were used to describe the length of labor. These were appropriate since mean and standard deviation can be calculated on an interval level of measurement. 3. Range could also be used to describe the length of labor since this statistic can be used on interval data with no natural zero point. 4. The distribution of scores was similar for the experimental and control groups for length of labor. The experimental group had a mean of 14.63 hours and the control group had a mean of

    Premium Statistics Arithmetic mean Standard deviation

    • 389 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Statistics Chap12, Cases

    • 2342 Words
    • 10 Pages

    Chapter 12 Simple Linear Regression Case Problem 1: Measuring Stock Market Risk a. Selected descriptive statistics follow: Variable N Mean StDev Minimum Median Maximum Microsoft 36 0.00503 0.04537 -0.08201 0.00400 0.08883 Exxon Mobil 36 0.01664 0.05534 -0.11646 0.01279 0.23217 Caterpillar 36 0.03010 0.06860 -0.10060 0.04080 0.21850 Johnson & Johnson 36 0.00530 0.03487 -0.05917 -0.00148 0.10334

    Premium Regression analysis Errors and residuals in statistics Linear regression

    • 2342 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Statistics - Final Project

    • 1444 Words
    • 6 Pages

    Yarn Production Statistics - Final Project Table of contents 1.0 Introduction 3 1.1 The aim of the study 3 2.0 Methodology 3 2.1 Correlation 4 2.2 Independent Samples Test 4 2.3 Two Way Anova 4 2.4 One Sample T-Test 4 2.5 Regression 5 2.6 Histogram 5 3.0 Data Analysis 5 3.1 Question 2 5 3.2 Question 3 6 3.3 Question 4 7 3.4 Question 5 8 3.5 Question 6 8 3.6 Question 7 10 4.0 Conclusions 11 5.0 References 12 1.0 Introduction A company

    Premium Marketing Management Customer service

    • 1444 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Juvenile Crime Statistics

    • 916 Words
    • 4 Pages

    The U.S. Department of Justice Office of Justice Programs reviews arrest records from law enforcement agencies throughout the United States documenting statistics in relation to juveniles‚ location‚ and crime types. The statistical information developed and presented is used to help law enforcement agencies and individuals with interests in juvenile justice to develop programs to lower the types of crimes and help juveniles to refrain from committing crimes. The Juvenile Justice Bulletin of 2008

    Premium Crime Criminology Juvenile delinquency

    • 916 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Descriptive & Inferential Statistics The study of statistics plays a significant role in each of our lives. Statistics is a method often used in every scientific field to relay important information found‚ support new theories as they are developed and keep our society aware and up to date with the issues that affect us and what type of effect they have. From a psychological standpoint statistics provides each individual with the tools necessary to understand the work of psychologists before

    Premium Statistics Sociology Psychology

    • 880 Words
    • 4 Pages
    Good Essays
Page 1 41 42 43 44 45 46 47 48 50