Remington’s Steakhouse is a single location restaurant in Tampa Florida. Patron data has been collected recently by the survey method of data collection to understand customer perception and Remington’s performance. The purpose of this study is to ascertain customer’s restaurant selection criteria‚ performance perceptions and the overall satisfaction with Remington’s. This goal is achieved by a review of the Remington’s survey data and survey methodology‚ categorize the most/least important restaurant
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STANDARD DEVIATION The standard deviation is a popular measure of variability. It is used both as a separate entity and as a part of other analyses‚ such as computing confidence intervals and in hypothesis testing. The standard deviation is the square root of the variance. The population standard devia¬tion is denoted by σ. Like the variance‚ the standard deviation utilizes the sum of the squared deviations about the mean (SSx). It is computed by averaging these squared deviations (SSX/N) and
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which will be used to obtain the opinions of the asked passer. Needham et-al (2003) states that primary research mainly consists of data collected by an organisation‚ or individual‚ for their own purposes and are generally collated first hand from ‘the horses mouth’. Needham (2003) offers the opinion that the main methods of collating primary research are through conducting face to face interviews‚ telephone interview‚ questionnaires and through direct observations. Primary data can be either qualitative
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Calculate and interpret the following for the data in Column K‚ “The degree of agreement among patrons that Remington’s has large portions‚” on the Remington Data worksheet of the Remington’s Data Set workbook: Mean -3.26 Standard deviation-0.911 Range -3 4 Mean 3.261306533 Standard Error 0.064596309 Median 4 Mode 4 Standard Deviation 0.911243075 Sample Variance 0.830363941 Kurtosis -1.16899198 Skewness -0.663704706 Range 3 Minimum 1 Maximum 4 Sum 649 Count 199 Largest(1) 4 Smallest(1) 1 Confidence
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constantly faced with business-related decisions. However‚ the making of such decisions in the real world is often unstructured. The term ‘rational decision making’ epitomises the confusion and widely varying interpretations surrounding this phenomenon. A process-oriented approach may‚ therefore‚ seem different from traditional ways of arriving at a choice. Nevertheless‚ the benefits of adopting such an approach are significant‚ and its use seems certain to improve managerial decision making in organisations
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3.1 Using data from Kellogg’s business scenario‚ prepare a range of graphs using spreadsheets — line‚ pie‚ bar charts and histograms‚ and draw valid conclusions based on the information derived (P7) For collecting data from the people of India about their breakfast habit and attitude the student worked by dividing themselves into 4 groups with the same questionnaires. They provide it to 125 peoples a total and they have answered properly. The students have made some data basis chart depending on
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A business graduate very much wants to get a job in any one of the top 10 accounting firms. Applying to any of these companies requires a lot of effort and paperwork and is therefore costly. She estimates the cost of applying to each of the 10 companies and the probability of getting a job offer there. These data are tabulated below. The tabulation is in the decreasing order of cost. 1. If the graduate applies to all 10 companies‚ what is the probability that she will get at least one offer
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≥30<55 42 47 47 ≥55 67 17 17 Total 100 100 Table 3.1.1: The age of customers (Authors research) Chart 3.1.1: The age of customers Mean = f(x)f = 38.45 Variance = fx2f – x2 = 273.6 Standard deviation = 273.6 = 16.54 Mode 30-55 Median belong to ≥30<55 group SD độ lệch chuẩnMD Q1 P Trung niên Giải thích dựa trên cả 2 loại dữ liệuSo sánh mean và SD 3.1.2 customers’ income monthly Money (milions) Frequency Percentage <1.5 19 19 1.5 – 5 19 19 5 – 10 40 40 >10 22 22
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Business Decision Making Project‚ Part 3 Team C QNT/275 April 13‚ 2015 Professor P. Hermis Business Decision Making Project‚ Part 3 Security breaches affect businesses all over the corporate America. Every day there are thousands of companies that are in threat and danger of being affected by this issue. Each business can be affected deeply by this problem. Security breaches can tarnish and blemish the image of the company and create significant tangible and intangible losses for a business
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Standards Based Decision Making Team C June 24‚ 2012 ETH 376 Professor Standards Based Decision Making Green and Associates is the CPA firm retained by the ABC Corporation to handle their external auditing duties. The auditing team at Green and Associates took time to review aspects of ABC’s finances and had some questions regarding their client’s monthly statements that made them a little uneasy. Items such as their inventory valuation methods not to mention‚ Green’s new
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