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
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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
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students are given the option to take an AP Statistics class. People in general are unaware of the importance of an AP Statistics and how it can benefit high school students in the future. I think that the two main reasons for high school students to actually take AP statistics is because it could possibly help in career fields such as Business and Banking. The basic of statistics involves making descions and if a high school student wants to major in business they have to make those choices quick.
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------------------------------------------------- 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
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. Sydney‚ N. S. W.: McGraw-Hill Parkinson‚ J. (2010). Becoming a successful manager : power tools for making a smooth transition to managing a team. New York: McGraw-Hill. Robert‚ L. Katz. (1993) . Skills of an effective administrator. Harvard Business School Press. Nina Matikainen. (2005). Working in multicultural environment ‚58-62 Amos Adeoye idowu .(2009). Challenges of leadership in corporate management and turnaround‚ 61-65
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Importance of Statistics in Society (Lecturer: Statistics and Research Methodology) Nepal Commerce Campus Tribhuvan University Kathmandu‚ Nepal Email:drbhandari2012@gmail.com Statistics plays a vital role in every fields of human activity. Statistics has important role in determining the existing position of per capita income‚ unemployment‚ population growth rate‚ housing‚ schooling medical facilities etc…in a country. The statistical tools like Index number‚ correlation‚ time series analysis
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Chapters 1-3:In order to control costs‚ a company wishes to study the amount of money its sales force spends entertaining clients. The following is a random sample of six entertainment expenses (dinner costs for four people) from expense reports submitted by members of the sales force. $157‚ $132‚ $109‚ $145‚ $125‚ $139. Calculate the mean and sample variance(s^2) and standard deviation. Mean = 807/6 = 134.5. Sample Variance = (109925 – (807^2/6)/6-1 = (109925 – 108541)/5 = 1384/5 = 276.8.
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Q1 In a test given to 500 students‚ the average marks was 56 and the standard deviation was 20. Find (i) the number of students exceeding a score of 60. (ii) the number of students having marks between 50 and 70. (iii) the value of marks exceeded by the top 100 students. Answer-------- (i) number of students exceeding a score of 60=210 (ii) The number of students having marks between 50 and 70=188 (iii) The value of marks exceeded by the top 100 students=73 Q2. Following
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for each observation. These are found by subtracting the mean value from the selected value and dividing by the standard deviation. The Normal Probability Distribution Find an example of application of probability theory in your workplace or business. Show that the reasons that your workplace uses probability analysis‚ such as probability of risk calculations or percent defects or percent for pass or fail of a
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Critically Assessing Statistics Why does Best argue that we should be cautious about statistics we encounter? Misquoted‚ repeated wrong Used for specific agendas – manipulated to get the desired reaction We need statistics – they’re necessary to understand complex society We need them to understand social problems BUT we need to be cautions What should we do to be better consumers of statistics? What questions should we be asking? Remember that statistics are presented from a particular
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