Business Administration- MBA Semester 1 MB0040 – Statistics for Management Assignment Set - 1 Q1. Define “Statistics”. What are the functions of Statistics? Distinguish between Primary data and Secondary data. Answer: Statistics: Statistics as a discipline is considered indispensable in almost all spheres of human knowledge. There is hardly any branch of study which does not use statistics. Scientific‚ social and economic studies use statistics in one form or another. These disciplines make-use
Premium Sampling Statistics Sample
Chapter 2 Charts and Graphs Statistics is the science of data. A first step in the study of statistics is the examination of data. Chapters 2 and 3 present several techniques for reducing data so that it is more manageable. In addition‚ graphic displays are essential to understand and interpret complex sets of data in order to be able to make business decisions easier. Chapter 2 discusses and displays several graphical tools including the histogram‚ frequency polygon‚ ogive‚ dot plot‚ bar
Premium Bar chart Chart Pie chart
IT 218 Week 4 Checkpoint Jerimeh Jackson IT 218 August 24‚ 2012 UOP IT 218 Week 4 Checkpoint What are the definition and an example of a pointer? A pointer can be defined as a memory address. To further explain this definition‚ we declared a variable of (name). It will look much like this (int name). Every variable will occupy some memory. Now we will declare another variable to under (int name). This variable will be (int name-1)‚ and now this variable is declared as a pointer to
Premium Dimension Cartesian coordinate system
Microeconomics Week 4 Homework Chapter 6: #4 An explicit cost is the monetary payment a firm must make to an outsider to obtain a resource. An implicit cost is the monetary income a firm sacrifices when it uses a resource it owns rather than supplying the resource in the market. Say you owned a deli shop. Examples of explicit costs would be the salaries of your employees‚ the cost of the building (electricity‚ plumbing‚ etc.) and all the different ingredients and foodstuffs you need to
Premium Costs Economics Cost
Week 4 Team assignment Prepare a presentation addressing the following: John Describe which area you chose: urban‚ suburban‚ or rural. Describe the local form of government and identify the major elected officials of your selected area. Rural Area A Rural area is a geographic area located outside of cities or towns. It is also classified as encompassing all population‚ housing‚ territory not included within an urban area. Rural areas have a low population density and small settlements. Local
Free City Population Town
Checkpoint Week 4 XECO 212 Checkpoint Week 4 Axia College Material Appendix C Differentiating Between Market Structures Table and Questions Fill in the matrix and describe differences in public and private goods‚ common resources‚ and natural monopolies. Use your book and the Tomlinson video tutorials as a tool to help you answer questions about market structures. | Example | Is there a rival in consumption? | Is it excludable? | Private Good | Salad Bowl | Yes. I paid for it
Premium Goods Public good Economics
contractor’s communications 4 of which LU responded to on the 31/07/2017 conditionally accepting 29 Final account packs with a total value of £110‚118.70 (1% of the total Value of the uploaded accounts)‚ rejected 33 Final account packs with a total value of £4‚862‚956.41 (49% of the total Value of the uploaded accounts). This averages a 115.25 day delay across these four communications (Delay being calculated as the number of days between the final date to respond [Four weeks after the issue date as
Premium Generally Accepted Accounting Principles Balance sheet Revenue
understand you. A fallacy has been committed. One has proven to be a good logician. One ought to use inductive reasoning. The syllogism is sound. Instructor Explanation: Tutorial Points Received: 4 of 4 Comments: Question 2. Question : A car salesman says this‚ in order to get you to buy a new car from him: "Buddy! You gotta buy this car. You’ve seen the commercials where Governor Ahnold is driving this car‚ haven’t you? You want
Free Logic Inductive reasoning Reasoning
Week 2 Quiz - worth 100 points Mark one answer by highlighting the letter marking your answer in red. ** Please answer all 50 questions Example: Problem solving occurs when a group a. reaches a conclusion. b. passes judgment on an issue under consideration. c. develops a plan for reducing or eliminating the harmful effects of a problem. d. chooses among alternatives. e. analyzes the history‚ causes‚ and effects of a problem. Multiple Choice 1. The members of a civic association’s
Premium Generally Accepted Accounting Principles Investment Rate of return
Homework Assignment Week 4: questions & problems Chapter 13 - Discussion Question # 3‚ page 539: Define aggregate planning – Also known as aggregate scheduling is concerned with determining the quantity and timing of production for the intermediate future‚ often from 3 to 18 months ahead. Chapter 13 - Discussion Question # 5‚ page 539: List the strategic objectives of aggregate planning. Which one of these is most often addressed by the quantitative techniques of aggregate planning? For manufacturers
Premium Management Planning Project management