Master of Business Administration – MBA Semester I Subject code – MB0040 Subject Name – Statistics For Management Assignment Set – 1 Q.1. Why it is necessary to summarise date? Explain the approaches available to summarize the data distributions? Q.2. Explain the purpose of tabular presentation of statistical data. Draft a form of tabulation t show the distribution of population according to i) Community by age‚ ii) Literacy‚ iii) Sex‚ and iv) Marital status. Q.3. Give a brief note of the
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universally. The scale is chosen depending on the information that the data is intending to represent. The four scales of measurement of data are nominal‚ ordinal‚ interval‚ and ratio. Each plays a different‚ yet very important role in the world of statistic a) Nominal scale Is the lowest level in scales of measurement? Is a way of grouping behavior‚ where actual numbers are simply labels or identifiers. -they do not put subjects in any particular order: no logical basis for the answers in each
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distribution function for 100 normal random numbers. The K-S test is based on the maximum distance between these two curves. Characteristics and Limitations of the K-S TestAn attractive feature of this test is that the distribution of the K-S test statistic itself does not depend on the underlying cumulative distribution function being tested. Another advantage is that it is an exact test (the chi-square goodness-of-fit test depends on an adequate sample size for the approximations to be valid). Despite
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STAT 600 Statistics and Quantitative Analysis PROJECT: Stock return estimation The project must be done by 6-15 a.m. October‚ 16th. You should submit your projects before the class begins. This is a group project. Read the course outline for general guidelines. Good luck! The project is closely related to Lectures 1-5 of the class. Today is September 15‚ 2013 and you have just started your new job with a financial planning firm. In addition to studying for all your license exams‚ you have
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shorter than TT Air‚ it does not significantly affect the output as the one day does not change much (unless there had been a market shock). However based on Central Limit Theorem‚ if the sample size is greater than or equal to 30 samples‚ the sample statistics reflect the time population parameters. • The Median data does not show much in this case as the range (4.7 AA Fly and 6.8 TT Air) is small for both AA Fly and TT Air. This means that the mean is more applicable to be used. • The Mode of AA
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Trajico‚ Maria Liticia D. BSEd III-A2 REFLECTION The first thing that puffs in my mind when I heard the word STATISTIC is that it was a very hard subject because it is another branch of mathematics that will make my head or brain bleed of thinking of how I will handle it. I have learned that statistic is a branch of mathematics concerned with the study of information that is expressed in numbers‚ for example information about the number of times something happens. As I examined on what
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I. INTRODUCTION A. Statement of the problem What are the common problems encountered by different small business enterprises? B. Importance of the study By determining the common problems or difficult situations encountered by different small business enterprises‚ we can also determine the possible solutions or alternative in solving such business problem and to find or create actions to prevent in copping which such difficulties. Also we can take necessary actions for the problem will
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Teacher Good Enough? By Ester J. de Jong & Candace A. Harper Introduction More and more teachers find themselves teaching students from increasingly diverse linguistic and cultural backgrounds. In a recent report (National Center for Education Statistics‚ 2002)‚ 42% of the teachers surveyed indicated that they had English Language Learners (ELLs) in their classroom‚ but only 12.5% of these teachers had received more than eight hours of professional development specifically related to ELLs (NCES
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P1-2010-2011-Spring Bus531 Standard Normaal Probability Problems 1- A university reported admission statistics for 3339 students who were admitted for freshmen for the fall semester of 1998. Of these students‚ 1590 had taken the Scholastic Aptitude Test (SAT). Assume the SAT verbal scores were normally distributed with a mean of 530 and a standard deviation of 70. a – What percentage of students were admitted with SAT verbal scores between 500 and 600? b - What percentage of students were
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1. Introduction This report is about the case study of PAR‚ INC. From the following book: Statistics for Business an Economics‚ 8th edition by D.R. Anderson‚ D.J. Sweeney and Th.A. Williams‚ publisher: Dave Shaut. The case is described at page 416‚ chapter 10. 2. Problem statement Par‚ Inc. has produced a new type of golf ball. The company wants to know if this new type of golf ball is comparable to the old ones. Therefore they did a test‚ which consists out of 40 trials with the current
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