Statistics should be interpreted with caution as they can be misleading; they can both lie and tell the truth.Discuss. AS we all known that statistics plays a very important role in the social development. People use statistics in each field of science‚ such as physical sciences‚ humanities‚ especially the biological sciences. Statistics as a series of methods which used to summarize or describe our observations tell the person who made the statistics relative objective results or truth‚ at the
Premium Statistics Truth Political philosophy
12/21/2013 VIETNAM NATIONAL UNIVERSITY – HOCHIMINH CITY INTERNATIONAL UNIVERSITY SCHOOL OF BUSINESS ADMINISTRATION ------o0o------ CHAPTER 14: CHI-SQUARE TESTING STATISTICS FOR BUSINESS TAs: Vo Vuong Van Anh‚ Le Phuoc Thien Thanh‚ and Le Nhat Ho December 21‚ 2013 TABLE OF CONTENTS • PART I: CHI-SQUARE TESTING FOR GOODNESS-OF-FIT. • PART II: CHI-SQUARE TESTING FOR NORMAL DISTRIBUTION. • PART III: CHI-SQUARE TESTING FOR INDEPENDENCE. December 2013 Powered by Vo Vuong Van Anh 2 1 12/21/2013
Premium Normal distribution Standard deviation Statistical hypothesis testing
The Institute of Chartered Accountants of Pakistan Auditing Intermediate Examination Autumn 2012 Module D Q.1 5 September 2012 100 marks - 3 hours Additional reading time – 15 minutes Shahrukh and Company‚ Chartered Accountants‚ have conducted the statutory audit of the financial statements of Karim Limited‚ a listed company‚ for the year ended 30 June 2012 under the Companies Ordinance‚ 1984. The job incharge has drafted the following audit report: Auditors’ Report to the Members We have
Premium Auditing Audit Financial audit
Exam Name___________________________________ Instructions: Read all the questions carefully and show all your work for full credit. All answers must be supported by correct work to receive full credit. SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. Solve the problem. 1) Multiple-choice questions on a test each have 4 possible answers‚ one of which is correct. Assume that you guess the answers to 4 such questions. a. Use the multiplication rule to
Premium Normal distribution Probability theory Standard deviation
PEARSON’S PRODUCT-MOMENT CORRELATION COEFFICIENT ANSWERS TO EXERCISE 23 Question 1 The r value for the relationship between Hamstring strength index 60o and the Shuttle run test is -0.149. This r value shows a weak correlation between the two variables‚ as it is less than the 0.3 threshold for significance. Therefore‚ the r value is not significant. Question 2 Between r=1.00 and r=-1.00‚ there is no difference in terms of strength. Both values are on the extreme ends of the spectrum and signify
Premium Statistics Statistical significance Statistical hypothesis testing
| AB103 Statistical & Quantitative Methods Semester 2 of 2009/2010 Problem Context: This case problem is related to a property purchase strategy. The president of Oceanview is deciding whether to bid for a property to build and sell condominiums. However‚ this depends on whether the state can change the zoning of the property to permit construction of condominiums. Here‚ the decision is whether to bid for the property‚ and chance events are firstly‚ whether the bid can be successful
Premium Decision theory Risk Expected value
Statistics are common tools being used to analyze any particular data in the purpose for forecasting one specific issue or using them to conclude something in general. Perfect graphs are very influential tools for displaying large quantities of complex data. Therefore‚ they help transfer different ranges of information available today into knowledge. However‚ some graphs deceive or mislead. A deceptive statistic can occur intentionally or unintentionally‚ but most of the time‚ it usually has been
Premium Franklin D. Roosevelt Deception World War II
Southwest Airlines‚ along with other commercial airlines‚ collect data on their performance and using statistics convert the raw data into useful information. One example of data collected by Southwest is the on time arrivals. The on time arrival category is then further broken down to the time the plane departs the gate‚ takes off‚ lands‚ and arrives at the gate. This additional data can help Southwest determine where time was lost resulting in a flight not arriving on time. In addition‚ Southwest
Premium Airline Southwest Airlines
NAME: SHU ZHAOHUI ID: 17329164 Q5. Descriptive Statistics | | N | Minimum | Maximum | Mean | Std. Deviation | Skewness | | Statistic | Statistic | Statistic | Statistic | Statistic | Statistic | Std. Error | Gasolinescore | 1000 | 3.00 | 21.00 | 14.9090 | 4.83654 | -.493 | .077 | Globalscore | 1000 | 3.00 | 21.00 | 17.0490 | 3.78774 | -1.073 | .077 | Valid N (listwise) | 1000 | | | | | | | The mean in the gaslinescore and globalscore stand for the average the respondents choose is
Premium Normal distribution Arithmetic mean Standard deviation
The Five classes & Statistics The five classes are listed in order from wealth to poor. The upper class‚ upper-middle class‚ lower-middle class‚ working class and lower class. The upper class also known as the one percent is an exclusive group limited to the extremely wealthy. The upper-middle class are not far from the social groups and luxuries that the one percent enjoy. This class may consist of doctors‚ lawyers‚ and architects. The lower-middle class is less affluent professions such as
Premium Social class Working class Sociology