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Statistics in Management Essay

… Statistics in Management: Descriptive vs. Inferential Statistics

The use of descriptive vs. inferential statistics in organizations provides decision makers, managers and leaders with the necessary insights to compete more effectively in an increasingly challenging global economic climate. The intent of this essay is to define which conditions are optimal for the use of each. Descriptive statistics by definition are more adept at the consolidating of data and its summarization (Spatz, 2008). Inferential statistics however are meant to be representative of a broader population and are developed to be statistically sound (van den Besselaar, 2003). The use of each of these types of statistics varies significantly within organizations, and has completely different interpretations when used. This essay examines how each are used to their optimal value.…. [read more]


Statistics: Marketing the Practice Applying One's Knowledge Essay

… Statistics: Marketing the Practice

Applying one's knowledge and skills in statistics and statistical applications is not too difficult, especially when the client or end user is concerned about the validity or reliability (or both) of the data. However, as with other practice of experts in a particular field or area of expertise, the challenge to promoting the use of statistics is on the manner by which practitioners (i.e., statisticians) "market" this discipline and their expertise.

The science of statistics make this field an especially exclusive niche for academicians, and at most, practitioners working as "specialists" for statistics-dependent industries, such as market/business research and management consulting industries. Statisticians working for the academe and specialist industries have different approaches to implementing statistics in their respective fields. Statisticians…. [read more]


Statistics Have Numerical Data Discussion Chapter

… How quantitative data is used to present a positive or negative review of your film.

Movie title: Mission: Impossible - Ghost Protocol

The movie has a metascore of 73 out of 100. There are 436 ratings from different sources. The movie has up to 38 critics, which are only positive and mixed critics. All these ratings represent a positive image of the movie as one of the best action movies. In addition, the remarks put on the web page concerning the movie add on the positive image thus attracting more people to watch the movie (Metacritic, 2012).

Compare this score to other data, such as box office earnings and/or award nominations.

The data put in this order is more concrete as compared to award winning.…. [read more]


Project Management Emerging Markets Continue Essay

… This also allows flexibility in respect to overall consumer trends. With a matrix organizational structure, a particular region can quickly and efficiently address varying consumer tastes within that region. As I will show with my McDonalds example later in the document, the entire organization did not have to change its product offering which would have been detrimental to the entire business. Instead, only the Indian region was to change which allowed flexibility within the overall scope of the McDonalds franchise. Below are many multinational structures and how they are defined. It's important for the project manager in the digital age to understand organizational structure so as to determine his best approach to leadership and success.

1. Ethnocentric. An ethnocentric mind-set is one primarily based on…. [read more]


Statistics in the Workplace Use Essay

… Engineering, product management and services all coordinated on a rapid turn-around on the code and the problem was fixed in less than a month. The accuracy and speed of the fix to the legacy ERP system code would have not been possible without the use of inferential statistics. The four levels of measurement encompassing nominal, ordinal, interval and ratio scales are also extensively in software quality management for defining the accuracy of quality measurements (Champ, 1995). Interval and ratio-scale data is often used for determining the magnitude of the software quality update or change necessary for an application to perform effectively. Nominal and ordinal data is often used to determine relative levels of user adoption of a given feature or specific area of concern in…. [read more]


Statistics Durbin Watson Term Paper

… Statistics -- Watson-Durbin

Analysis of Why Social Networking Played

An Influence in the 2008 Presidential Election

The 2008 Presidential election forever changed the nature of campaigning, constituent management, fund raising, while also creating an entirely different platform for managing campaigns and getting new demographic segments to participate at a level never seen before. The 2008 U.S. Presidential election was the first to rely heavily on highly interactive, agile and quickly defined social networking strategies in an attempt to get those demographic segments who had voted the least in previous elections to participate. Barak Obama concentrated on the younger demographic segments through a concerted strategy of social networking that included sites on Facebook, MySpace, Twitter, YouTube and a multitude of microsites. John McCain stayed with more…. [read more]


Healing With Statistics Essay

… Inferential statistics are similar to descriptive statistics in their operation, but markedly different in their application: based on certain controls in collection and analysis, inferential statistics can be used to form hypotheses and some conclusions regarding a population as a whole, not simply the specific and finite observation included in the data set (Lund, 2010). Inferential statistics are used by healthcare organizations for things like predicting how many severe cases of flu might be expected in a given season, based on data samples taken from previous years, current populations, etc. In this way, though the organization would be working on less certain information and a projected range of expectations rather than concrete and certain measurements, preparedness can still be increased (Hill, 2012).

The four levels…. [read more]


Statistic Data From Department Term Paper

… Types of tobacco products

Prevalence (%)

Smoking:

Male

Female

1. cigarettes

99% Smokers

2. pipes

3. cigars

If you need more information and statistical data on tobacco control in Armenia, please contact:

BOYS and GIRLS

Boys and young men in Armenia start smoking much sooner than girls, more than a half of a yang men start doing it before reaching the age of 18. Absolute majority of girls in Armenia start smoking after the age of 18

Reasons for smoking:

Age of smoking initiation:

smoking friends • under 14-35,8% no reason • at the age of 14-21,2% looking "adult" at the age of 15-21,9% smoking parents • at the age of 16-21,1%

Qui Hing

Awareness of the harm of smoking

ADULTS

Every second person in…. [read more]


Project Management Is the "Planning Directing Term Paper

… Project management is the "planning directing and controlling" resources required to accomplish a specific goal (p. 176). A project itself is an objective, attainable by systematic means. Depending on the context, a project can involve a physical outcome such as a building project; or an intangible one such as a human resources project. Projects often have deadlines and cost restraints as well as other practical limitations. Therefore, project management involves making all the arrangements necessary to complete the stated objectives in spite of any limitations.

Most project management tasks involve teams. Team members are assigned specific tasks, each of which is necessary toward the completion of the overall project. Complicated tasks can be further broken down into substasks to make project management more organized. A…. [read more]


Mandm Project Report Essay

… 5. The histogram was bell shaped with one outlier, numbers outside of the given range, of 50 candies, or one bag.

Part 3

Confidence intervals at 95%, meaning the confidence level that the total number of candies for each color will fall between two end points is 95%, was calculated for each color. The results showed as follows: blue 20.15% to 23.01%, orange 20.57% to 23.42%, green 17.17% to 20.09%, yellow 10.96% to 13.98%, red 12.26% to 15.26%, and brown 10.04% to 13.08%.

Part 4

The hypothesis, statement about the parameter of the population, stated the means for the individual colors should be as follows: blue 0.24, orange 0.20, green 0.16, yellow 0.14, red 0.13 and brown 0.13. Testing of the hypothesis showed the blue,…. [read more]


Statistics Term Paper

… ¶ … Statistics

The intent of this study is to define both the qualitative and quantitative statistical methodologies including the development of descriptive and inferential statistics applied to the field of education overall and school counseling specifically. Each of the qualitative and quantitative approaches to statistics are also analyzed from the perspective of how best they can be applied to educational and counseling situations to best support and serve the student. The specifics of how to apply these techniques within the context of a methodological approach to completing research projects is also evaluated. Specifically focusing on the steps of research design, data collection, data analysis, and the ethics of the interpretation of research are also discussed.

Exploring Qualitative Research Methods in Education and Counseling

There…. [read more]


U.S. Statistics Indicate That 80 Capstone Project

… The key thrust for performance excellence is to establish a culture of continuous improvement and innovation that builds upon a strong foundation of quality, professionalism and team excellence always.

Researcher's Work Setting and Role

The researcher has been an officer of the Republic of Singapore Air Force (RSAF)

for 10 years. The researcher has held the equivalent rank of Major since 2001. The

researcher has held positions as a deputy Officer Commanding Quality Assurance and a Flight Commander at an F-16 Air Force Base in Singapore. Currently the researcher is the Senior National Representative of the Republic of Singapore Air Force at the Ogden

Air Logistics Centre (OO-ALC), Hill AFB, Utah. The researcher received his Bachelor of Engineering in Mechanical Engineering with specialization in Advanced…. [read more]


Individual Project This Week Submitting Case Study

… International Journal of Energy Economics and Policy, 3, 168-177.

Yousef (2013)

. This paper examines the consumption of oil products in 7 OPEC countries. The researcher attempts to demonstrate the demand of oil in the OPEC countries and also the production. The researcher also attempts to assess the impact that this demand will have on the future availability of oil exports from OPEC. According to the data collected by Yousef (2013)

for 1980-2010, there has been a considerable increase in the consumption of oil by OPEC countries. This has resulted in the countries becoming the fastest growing oil consumers in the world.

Arguments to be presented

With the increase in the consumption of oil by OPEC members, there is also an increase in the oil…. [read more]


Statistics This Survey Term Paper

… ¶ … Statistics

This survey was conducted as part of a class project to gather sample data on a variety of issues. The data will be used to perform statistical analysis regarding the correlation between differences in men and women. The 37 questions start with basic demographic data such as age and education and move on to cover attitudes and agreement with various topics. For each hypothesis, I will show some statistical figures along with charts to show whether or not there was any correlation present.

This survey involved 291 participants. 130 of these were male and 161 were female. Their average age is 32.7 years old. The males had an average age of 33.7 and the females had an average age of 32.2. Six…. [read more]


Riordan and Project Management Essay

… Three of the most general, yet vital measurements within any project, though, are time, budget, and quality control. These are self-explanatory in some ways, yet complex in others. The entire purpose of a project management system is to be able to adapt to a different set of circumstances, knowing that projects change, circumstances change, and therefore the way a project is managed must be adaptable as well (Stevens, 2002).

Key Deliverables- Deliverables are based on the ratio between the system as it is currently, appropriate benchmarks, and the overall goal of the project. They should be measured both quantitatively and qualitatively (e.g., total production rates for X product is quantitative, employee attitude and retention both quantitative and qualitative). These key deliverables should be part of…. [read more]


Nursing Course Project Milestone Capstone Project

… The involvement of pharmacological agents, peers and family have also been stressed upon. The fifth step is that of implementation of the change project. There is not enough evidence provided in the paper pertaining to the implementation of the change project. The final step is to integrate and then maintain the change project. There is not adequate evidence about the success rate of this project and how it is being integrated with other projects.

Summary

Identify the key concepts within the summary and suggest to the student what within the summary could be improved.

This journal article revolves around the role of tobacco cessation for the prevention of addictive behaviors. In this article, it has been shown that almost 60% of the people who are…. [read more]


Nature Project, Sources Information Plan Essay

… Aside from the secondary sources -- as shown in the Nature of sourcessection -- the actual research and analysis would also draw on the primary sources, namely the documents provided by the company for the public. The use of these primary resources is limited, since Ford is a private company and only discloses partial information to the audience. The usage of secondary sources of information is characterized by an efficiency of research, through the elimination of the need for field research. Nevertheless, focus will have to be placed on the nature of the sources selected, so that they are relevant, pertinent and trustworthy.

The precise research method to be employed in the collection of data is represented by the case study, which is a commonly…. [read more]


Pre Calculus II Project Setup: The X-Axis Term Paper

… Pre Calculus II Project

Setup: the x-axis as the water level. The origin is the midpoint between the two x-intercepts/support bases. The clearance level is a horizontal line at QUOTE. Three points are given that are the same for both parabola and semiellipse: the first is the y-intercept, which occurs at 350' above the water, or QUOTE; the two other points are the x-intercepts. The distance between the two supports is 1050', and since the y-intercept bisects both shapes, the x-intercepts are at QUOTE and QUOTE. Therefore, the three points are: QUOTE, QUOTE, and QUOTE.

The equation for the parabola can be obtained using those three points. The parabola is centered, so the x-term is not added to or subtracted from before being multiplied by…. [read more]


Health and Safety in Construction Research Paper

… The construction industry in United Kingdom is regulated by Construction Design and Management (CDM) through its various regulations related to health and safety, CDM is a government body that regulates small and large builders along with contractors, sub-contractors, designers and workers. Another government body, Health and Safety Executive (HSE) provides meaningful resources and publications helping all the stakeholders understand their roles, rights and obligations related to health and safety in construction.

Guidelines related to health include various diseases and disorders seen in construction workers, for example the HSE provides brief guidelines over Asbestos on its website.

In April 2007 CDM announced a new set of regulations related to health and safety replacing the predecessors of 1994 and 1996. These regulations called for an overall improvement…. [read more]


Session Long Project Involve Developing Essay

… (IFRC, p. 16) What the report is referring to in matters of "displaced" is in regards to the number of people who have been forced to flee their homes due to natural disasters such as earthquakes. Thus, the level of impact on the well being of people is understood to have been dramatic in the last years. This raises concerns as to the safety of people and Asian societies are in need of further mobilizing forces in order to ensure the efficiency of rescue missions. Due to the fact that earthquakes cannot be prevented, safety measures should at least be directed at constructing resistant structures and people should benefit from specific training and should be further assisted in the aftermath of an earthquake. As such,…. [read more]


Statistic Project Term Paper

… Stat Abuse

The Precautionary Principle

Peter T. Saunders of the Mathematics Department of King's College, in London, published an article titled "Use and Abuse of the Precautionary Principle" that deals with a highly specific and unique problem when it comes to the use of statistical information. Many statistical abuses occur when conclusions not fully supported by statistics are asserted, or when differences that are not statistically significant are made to appear greater than they really are. According to Saunders, there are certain situations where it is actually good to use statistics in this way -- specifically, in cases where there is a potential for harm if a correlation exists. That is, things like cigarettes and possible carcinogens should be assumed to be unsafe as soon…. [read more]


Project Management What Role Term Paper

… Project Management

What Role Does the Project Manager Play in Construction Safety Standards in Today's Environment?

The Project Manager must coordinate many aspects of the construction process, from the initial consultation with the client to approval of final project closeout documents. They play an integral role in all phases of the construction process and must interface with the client, government entities, and contractors in order to complete the project. They must wear many hats during the construction project. The task of assuring safety on the construction site typically falls on the contractor, and others on the "front line" of the project. However, the project manager plays an important role in construction safety by setting standards on the site in excess of those required by OSHA,…. [read more]


Statement of Purpose for Project Management Research Proposal

… ¶ … Project Management program at George Washington University is the next step in my career development. My career path has been structured to this point with project management in mind.

The focus on statistics and mathematical modeling at GWU meshes well with the way I approach project management. I value both qualitative and quantitative approaches in management and feel that the most logical step for me right now is to develop my expertise in quantitative techniques.

My educational experience has built to this point. I began with a B.BA from King Abdul Aziz University in Jeddah. I started masters work in Saudi Arabia before transferring to the Global Business Leadership program at Johnson & Wales University in Rhode Island. My focus is shifting towards…. [read more]


Domestic Violence Applied Research Project Essay

… (1997). The connection between domestic violence and welfare: Trapped in poverty, trapped by abuse. NCJW Journal, 20. (2): 22.

Stage Two: Forming Research Questions

The approach of this research study will be qualitative in nature. Qualitative research questions must be broad enough so that the subjects in question can be open about their thoughts and feelings. The central question will be: "what motivational factors inspire a woman to leave a situation of domestic abuse?" The responses of the women can be 'coded' for further analysis, such as whether the primary motivating factors were economic in nature (such as training for a new job); psychological (community support in the form of an intervention program or seeking outside counseling); or involved intervention by various members of the…. [read more]


Investigation Into the Issues of Managing Building Construction Projects in Iran Research Paper

… ¶ … managing building construction Projects in Iran

102.2 Causes of Delay big projects.

112.3 Construction Delay: Quantitative Analysis

112.4 Construction Delay: Developing Economy

122.4.1 Poor ICT groundwork

122.4.2 Unacquaintedness of local personnel with ICT in remote construction sites

122.4.3 No financial justification for ICT training of personnel in small construction sites

122.4.4 Lack of sensation transfer in some electronic communication devices

122.4.5 Inapplicable software outputs

132.4.6 Inapplicable software outputs

132.4.7 Complicated administrative process for ICT development

Poor reserve system in remote construction places

Recommendations to improve construction management in buildings

Widespread deployment and use of interoperable technology applications

203.2.1 Improved job-site efficiency through more effective interfacing of people,

213.2.2 Greater use of prefabrication, preassembly, modularization, and off-site

Advanced, widespread use of demonstration installations.

Advanced,…. [read more]


Teaching of Statistics and Problems Annotated Bibliography

… Jaisingh, Lloyd. Statistics for the Utterly Confused. New York: McGraw-Hill Trade. 2000.

This is a practical guide to understanding mathematics, particularly statistics. This book is great in that it explains things step-by-step in a clear, concise manner. It also provides helpful tricks and hints for grasping mathematical concepts. Anyone who reads this book will come out of it with a far better understanding of statistics than he or she had before.

Kincaid, Joseph. Research Projects in Statistics. New York: McGraw Hill Text. 2004.

This book is set to be published in January of 2004. It is to include research projects that college level statistics students can use in their classes. This should be a great book to help the average college student get through statistics…. [read more]


Operational Plan and Correlating Budget Essay

… Budget plan

Budget plan

Year 1

Year 2

Year 3

Funding

$860,700

$868,800

$876,900

Direct Cost

$76,140

$89,424

$91,287

Medical/Clinical Payroll

$217,125

$242,500

$245,000

Non-reusable Medical Equipment

$4,800

$5,000

$5,000

$0

$0

$0

Total Direct Cost

$298,065

$336,924

$341,287

Gross Surplus

$562,635

$531,876

$535,613

Gross Surplus %

65.37%

61.22%

61.08%

Operating Expenses

Caretaking Expenses

Caretaking Payroll

$221,520

$223,000

$255,000

Groceries

$16,800

$18,000

$20,000

Cleaning Supplies

$1,200

$1,200

$1,300

Other Caretaking Expenses

$0

$0

$0

Total Caretaking Expenses

$239,520

$242,200

$276,300

Caretaking %

27.83%

27.88%

31.51%

Administrative Expenses

Administrative Payroll

$98,400

$99,000

$100,000

Other Expense Account

$0

$0

$0

Depreciation

$1,200

$1,500

$1,800

Property Taxes

$12,000

$13,000

$14,000

Utilities

$24,000

$25,000

$26,000

Insurance

$14,400

$15,000

$15,000

Payroll Taxes

$82,717

$86,925

$92,325

Grounds & Building Upkeep

$4,800…. [read more]


Business Statistics Numbers Are Unable to Converse Term Paper

… Business Statistics

Numbers are unable to converse with human beings. Should we look with purpose; numbers can tell us a lot. In the area of mathematics an entirely new branch of study called statistics has been developed for this purpose. (Statistics) Knowledge of statistics permits one to collect data intelligently, then study this data and interpret it in a manner suitable to proper decision making the use of statistical concepts and statistical thinking go al long way to solve problems in wide contexts, give substance to decisions we make and reduce the guesswork in our analysis. (Statistical Thinking for Managerial Decisions)

Business Statistics may be looked upon as a branch of science that enables us to make the right decisions, when things are not sure.…. [read more]


Inferential Statistics Cellular Phone Use Hypothesis

… Inferential Statistics

Cellular phone use while driving has been linked to increased driver distraction and motor vehicle accidents (Strayer, Drews & Johnston, 2003). As a result, many states and provinces have created legislation to outlaw the use of cellular phones while driving. Despite the introduction of these laws, they are not widespread across the country, nor do all individuals choose to abide by the laws where they do exist (McCartt, Hellinga, Strouse & Farmer, 2010). It seems that many individuals do not believe that the dangers of using a cellular device while driving apply to them. Although some research has linked any type of cellular phone use to increased distraction and accidents, including hands-free phone operation, it seems that actually holding the phone seems to…. [read more]

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