similarities to actual situations or companies is purely coincidental. Information: Stateside Sports Limited is a business which buys in clothing and merchandise for major sports teams in North America and sells them to consumers through their own chain of shops in the UK and also to other sports shops for them to sell on. They have about 25 shops throughout the UK which sell direct to consumers. Each shop has its own batch of stock and is responsible for the collection of money from customers
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GM 03 Business Statistics Assignment II Assignment Code: 2012 GM03 B2 Last Date of Submission: 15th November 2012 Maximum Marks: 100 Attempt all the questions. All questions are compulsory and carry equal marks. SECTION – A 1. a) Explain the need for different forecasting techniques. How can we evaluate as to how good is our forecast. b) Collect data on the amount of expenditure you do each day for the next 25 days and
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Standardized Testing Doesn’t Measure Educational Quality Educators put relentless pressure on students to show that they themselves are effective. A student’s success is based upon their performances on standardized testing. A high score on a test shows the effectiveness of that particular schools staff success. Education is being measure by the wrong standard; therefore these evaluations are apt to be inaccurate. A standardized test is an examination that predicts how well a student is likely to
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How would you describe yourself as a person? What do you consider to be your major strengths and weaknesses? Which are some of your weaknesses you think need serious improvements? Which of your strengths you would like to polish and convert into excellence? That must be the reason why God resides in the heavens above us – because from high up‚ you gain a whole new perspective on the world. It was 5 a.m. on a Friday morning. From the balcony ledge‚ I gazed out into the horizon where mist on the
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Venice is famous as a heritage city and attracts visitors across the world by its elegant architecture. According to statistics there were a steadily growing number of tourists in the past. In 1952 approximately 500 000 tourists spent 1.2 million bed nights in Venice. The visitors had increased to 1.21 million until 1992 and used up 2.68 million bed nights which kept presenting huge business opportunities (Glasson‚ Godfrey & Goodey 1997; Page 2007). However‚ it cannot be denied that there still exists
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Princess Faye N. Balatero Grade 8-Br. Edmund Hubert FSC Introduction: Statistics are used everywhere; we see statistics in use every day; statistics is used to answer important and practical questions. Statistics are useful in almost all disciplines. They are used in statistical analysis of results of an experiment‚ prediction of future values‚ growth and trend analysis‚ systematic presentation of data in the form of tables‚ diagrams and
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Scatterplots 4 Pearson’s Correlation 4 Spearman’s Rho 4 Probability 4 Binomial Distribution 4 Assumptions: 5 Subjective Probability 5 Normal Distribution 5 Standard Normal Distribution 5 Sampling Distribution 5 Standard Error of Statistic 5 Central Limit Theorem 5 Area under the Sampling Distribution of the Mean 6 Sampling Distribution‚ Difference between Independent means 6 Sampling Distribution of a Linear Combination of Means 6 Sampling Distribution of Pearson’s R 7
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TO STATISTICS Session 4 – Measures of Dispersion‚ Variance and Standard Deviation Instructor: Manos Takas Email: m.takas@cityu.gr Range Look at these two sets of data: 2‚ 3‚ 4‚ 5‚ 6 3‚2‚3‚5‚13 -3‚2‚3‚5‚13 They both have a mean of 4. However‚ you can see that the first data set (21 is more spread out than the second data set. The mean doesn’t tell you this. _ To represent the data more accurately‚ you need the mean plus a measure of the spread or dispersion of the data. One simple measure of dispersion
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discussed a strategy with my management to penetrate into the government sector segment and devote my full time for 2-3 months to this and see what kind of business opportunities exist for our company in my territory. Also with past experience our company had in other parts of India‚ this segment proved to have given a good chunk of business of our annual turnover. In Mid of year 2007‚ I started visiting government institutions like Oil Refinery‚ Military Engineering Services‚ Thermal Power Plants
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Lecture Notes on Introductory Statistics‚ I (P.P. Leung) Lecture notes are based on the following textbook: N.A. Weiss (2012)‚ Introductory Statistics‚ 9th edition‚ Pearson. Chapter 1 The Nature of Statistics 統計本質 §1.1 Two kinds of Statistics §1.4 Other Sampling Designs (其他抽樣方法) Chapter 1 The Nature of Statistics 統計本質 What is Statistics? 何謂統計? From Wikipedia‚ the free encyclopaedia: Statistics is a mathematical science pertaining to the collection‚ analysis‚ interpretation
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