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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|CPE Course Title |Current Topics in Management | |Course Code | | |Semester |SPRING-2013 |Credit |T |P | | | |
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Statistics in Business Quantitative Analysis for Business University of Phoenix Tanya Bailey April 22‚ 2013 Statistics can sometimes be difficult for some individuals. Understanding the concept of statistics‚ which is known as the science of data‚ may help a person in the business world. This involves classifying‚ summarizing‚ analyzing‚ collecting‚ and interpreting numerical information. The information gathered from statistics can help startup companies‚ and even
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Interpretation and Analysis of Data In Trinidad chocolate is a very popular snack. Charles chocolate is Trinidad and Tobago’s local chocolate brand and it falls under the chocolate industry. At ASJA Girl’s College San Fernando a survey was conducted to analyze the factors that affect the demand for Charles chocolate. In the survey conducted 20 questionnaires were given out to students; five questionnaires were given to random students within the various age groups 11 to 13 years‚ 14 to 15 years
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name) Group Member Name | PG ID | Garima Agrawal | 61410506 | Question1: The data for home values has a considerable wide range (429578) as compared to the inter-quartile range (93522). This means the data has a huge spread and the same can be verified from coefficient of variation which is even more than 41%. Besides‚ as can be seen from graphical plot and the positive skewness (0.87) measure‚ the data is skewed towards right. Also‚ the outliers present towards the right end indicate the
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required for the body of this assignment‚ solid academic writing is expected and in-text citations and references should be presented using GCU documentation guidelines‚ which can be found in the GCU Style Guide‚ located in the Student Success Center. This assignment uses a grading rubric that can be viewed at the assignment’s drop box. Instructors will be using the rubric to grade the assignment; therefore‚ students should review the rubric prior to beginning the assignment to become familiar with
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Labor statistics analysis by Alexandra Gerasimova IBS 5301 Kaliningrad Oblast Factor | 2009 | 2010 | 2011 | Economically active population | 515‚8 | 515‚7 | 539‚2 | Employed population | 459‚5 | 461‚2 | 493‚2 | Unemployed population (registered) | 56‚3 (19‚5) | 54‚5 (18‚3) | 45‚9 (18‚1) | Non-employed | | | | Rate of economic activity | 68‚7 | 68‚8 | 72‚2 | Rate of unemployed | 10‚9 | 10‚6 | 8‚5 | Labor market tension | | | 1‚6 | According to the data‚ the situation on labor market
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Question 1 How can graphics and/or statistics be used to misrepresent data? Where have you seen this done? Answer: It is a well known fact that statistics can be misleading. They are often used to prove a point and an easily be twisted in favor of that point. Statistics‚ graphics and database are used in medical field to approve‚ prove or disapprove theories‚ analysis and interpretation of ailments‚ medications and its impact and treatment and its effectiveness. As noted by Nursing Research (2011)/
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Journal of Case Research Volume III Issue 01 Technology as A Tool for Turnaround: A Case of Scooter India Limited A. Sahay1 and Sanjay Mohapatra2 It was October‚ 2000‚ the siren blew at 2.30 pm and the employees of morning shift were leaving the factory after their duty. Dr. Sahay‚ Chairman & Managing Director of Scooters India Ltd. Looked through the glass window of his corner room and was wondering if he could make the company profitable and secure their jobs through infusion of home
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Define Statistics Statistics is the practice of gathering‚ sorting‚ and categorizing numerical information in an organized format that can be used to acquire results to specific problems. According to McClave‚ Benson‚ and Sincich (2011)‚ “Statistics is the science of data. It involves collecting‚ classifying‚ summarizing‚ organizing‚ analyzing‚ and interpreting numerical information” (p. 3). Different Types and Levels of Statistics There are two types of statistics. One is descriptive which defines
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