Case Problem 1: National Health Care Association(Descriptive Statistics) The National Health Care Association is concerned about the shortage of nurses the health care profession is projecting for the future. To learn the current degree of job satisfaction among nurses‚ the association has sponsored a study of hospital nurses throughout the country. As part of this study‚ a sample of 50 nurses was asked to indicate their degree of satisfaction in their work‚ their pay and their opportunities for
Premium Statistics Statistical hypothesis testing Statistical inference
GT00303 Business Statistics Semester II 2008/2009 Chapter 1 Introduction of Business Statistics An important decision-making tool in business and is used in virtually every area of business. Among the more common meaning of the word are: 1) the science of gathering‚ analyzing‚ interpreting and presenting data 2) a branch of mathematics 3) a course of study 4) facts and figures 5) a death 6) sample measurement 7) type of distribution used to analyze data Statistics
Premium Measurement Statistics Parametric statistics
BE01106 - BUSINESS STATISTICS ASSIGNMENT – PART I SEMESTER 2‚ 2014 _________________________________________________________________________ The complete BEO1106 assignment (all three parts) accounts for 20% of the overall assessment in the unit. This first part of the BEO1106 assignment is to be completed in your own time and must be submitted for correction in the tutorial of week 6. No time extensions will be granted although special consideration applications may be accepted from students
Premium Numerical digit Randomness Spreadsheet
Statistics in Business Katherine Wolf QNT/275 April 3‚ 2015 Barry Adkins Statistics in Business Statistics is all about collecting numerical data‚ organizing it‚ and interpreting the data to form hypothesis. While interpreting the data we are able to draw all kinds of conclusions from weather forecasts to how much money a company is projected to make over the next year. There are different types of statistics that can be used for different outcomes. You have to first identify the
Premium Scientific method Decision making Measurement
QMT2033 BUSINESS STATISTICS Assignment for mid -term break 1. Most of the information technology developers claim that wireless connection would give speed of at least 11 Mbps compared to wired connection. A sample of 105 computers using wireless connection shows it gives a mean of 11.7 Mbps and a standard deviation of 2.3 Mbps. a) Do you think that the wireless usage should be implemented? Test at 7% significance level). b) Repeat the test by using p-value approach. 2. A jack is usually used
Premium Statistics Arithmetic mean Standard deviation
Omkar & Yaying Wednesday 5-6pm WEEK 3 BES PASS Descriptive Statistics Population - a set of all possible observations. Sample - a portion of a population. We often use information concerning a sample to make an inference (conclusion) about the population. Parameter - describes a characteristic of the population‚ eg: the population variance Statistic- describes a characteristic of a sample‚ eg: the sample variance Frequency Distribution and Histograms Class - a collection of
Premium Standard deviation Median Random variable
Producing and Interpreting Descriptive Statistics Lutricia Hunter Capella University MBA6018: Data Analysis for Business Decisions January 18‚ 2015 Unit 1: Assignment 1 For this practical application assignment‚ make believe that you are a real estate agent living and working in southern Florida. The senior real estate partner of your firm e-mails you a document containing Florida pool home data‚ which you’ve retrieved from the Updates and Handouts section of this unit‚ and asks you to find
Premium 3rd millennium
Data Analysis Descriptive Statistics‚ Estimation‚ Regression & Correlation Treatment Effects of a Drug on Cognitive Functioning in Children with Mental Retardation and ADHD Hossam Elhowary MATH-1016-15 Dr. Maria DeLucia December 09‚ 2014 Introduction The purpose of this survey was to investigate the cognitive effects of stimulant medication in children with mental retardation and Attention-Deficit/Hyperactivity Disorder. Twenty four children were given various dosage of a drug a placebo and
Premium Statistics Standard deviation Variance
Descriptive Statistic Article Critique Liza Fisher PSY325/ Statistics for the Behavioral & Social Sciences Instructor: Thomas King May 23‚ 2015 Descriptive Statistic Article Critique The author was trying to say that men who consume an enormous amount of alcohol every day and who is stable socially do not have a different personality‚ than those men who are socially stable and do not drink alcohol. In this article the hypothesis is that individual males who consume a great deal of
Premium Alcoholism Psychology Drinking culture
------------------------------------------------- Introduction: This data set we have been assigned to analyze highlights the fuel-efficiency of the mentioned cars relative to several other variables. One of the major issues most stressed upon to date is the ever-increasing threat of environmental degradation‚ global warming‚ and the need to conserve our scarce natural resources. This has led us to examine the fuel efficiency of cars. With rising gas prices‚ owning a car can become quite costly
Premium Automatic transmission Manual transmission Internal combustion engine