chapter 1: STATS – STATISTICS DATA AND STATISTICAL THINKING 1.1 The science of statistics * Statistics - is the science of data. It involves collecting‚ classifying‚ summarising‚ organising‚ analysing‚ and interpreting numerical information. 1.2 types of statistical applications in business * Descriptive Statistics - describe collected data. Utilizes numerical and graphical methods to look for patterns in data‚ summarize the information in the data and to present the information in a
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Lecture 1. Descriptive statistics includes statistical procedures that we use to describe the population we are studying. The data could be collected from either a sample or a population‚ but the results help us organize and describe data. Descriptive statistics can only be used to describe the group that is being studying. That is‚ the results cannot be generalized to any larger group. Inferential statistics is concerned with making predictions or inferences about a population from observations
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Department of Management Faculty of Management and Human Resource Development SUBJECT: SHD 1713: STATISTIC 1 LECTURER: DR‚ LOW HOCK HENG PREPARED BY: NOOR AZNEE BINTI JUNAIDI ZULFADLY BIN SAIFUL MOHD RASYDUDDIN BIN MAT NAWI MOHD HAZRUL AZEWAN MOHD ASRI BIN MOHD ARIFIN MOHD FAKERRYIKMAL BIN KAMALUDIN 820423-12-5184 870314-56-5549 830503-03-5829 810406-01-5451 750203-08-5159 890417-59-5265 SX110698HDS04 SX110718HDS04 SX110686HDS04 SX105341HDD04 SX112315HDF04 SX112317HDF04 1. A researcher
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Statistics is the study of the collection‚ organization‚ analysis‚ interpretation and presentation of data. It deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments. Descriptive statistics is the discipline of quantitatively describing the main features of a collection of information‚ or the quantitative description itself. Descriptive statistics are distinguished from inferential statistics (or inductive statistics)‚ in that
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Executive Summary Apple Computers has maintained an image synonymous with stunning modern design‚ appealing usability and durable functionality. As the present trend is shifting away from the dated look of technology of the past‚ and moves towards a sleek fashionable design‚ the consumer is becoming more tech savvy and more conscious of their physical appearance. As a result‚ Apple’s appeal has grown greater in recent years. A leader is design and functionality‚ Apple can take advantage of the consumer’s
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Managerial Challenges: Managerial Challenges are those faced by and within organisations in dealing with people who are different both temperamentally as well as culturally. This situation is termed as work force diversity. Organizations are becoming increasingly metropolitan and by becoming more heterogeneous in terms of gender‚ race and ethnicity. Work force diversity‚ cause to take place anything. For example one can find a Brahmin working encompasses everything that Along with a Muslim or
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their ideas of the church. The metaphors found in 1 Corinthians 12 and John 14-16 highlight the different messages of ecclesiology in each community due to the difference of eschatology. Because Paul believed the end of the world was going to happen in his lifetime‚ the main message of his metaphor was to unite
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Business Analytics: Unit 1: Descriptive Statistics and Mathematical Foundations Kaplan University March 23‚ 2014 Descriptive Statistics and Mathematical Foundations Part I: Pie Chart & Bar Graph This information regards T-100 Domestic Market’s boarding information during the previous year for the top seven airlines in the United Sates. According to the data Southwest Airlines boarded 81.1 million; Delta Airlines‚ 79.4 million; American Airlines‚ 72.6 million; United Airlines‚ 56.3 million;
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Introduction to the Case Custom Transportation Company who specializes in the delivery of medical equipment has employed the sales representatives‚ store staff‚ and the truck drivers who are above the age of 40. In the given case‚ CFO of company has been looking after all the primary work in the company‚ however after coming to a certain point wants the warehouse manager to handle the task which he/she was handling. The primary task of a warehouse manager would be to look after all the safety issues
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Major Statistics Assignment Mary Grace Rivero 050853639 CNUR860-011 Vaska Micevski Friday‚ March 30‚ 2012 Major Statistics Assignment This major statistics assignment will finally pull together everything that was learned in this course. The application of all content within this course will be incorporated to three different research scenarios. Within each scenario‚ hypothesis testing will be done‚ followed by a discussion of relevant descriptive statistics and finally‚ a discussion
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