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Business Probability and Statistics

Table 1, the largest single group was women who have been with the company less than 2 years, followed by men who have been with t...

Forecasting Stock Needs using Statistics

the same general trend will be seen, this is usually performed using the ordinary least squares (OLS) method (McCullagh and Nelder...

Questions on Probability

The writer looks at the way that probability is used, creating some questions on probability and explaining the answers. Further q...

Student Supplied Case Study on Probability

will give us a 1 in 12 million chance. However we need to look at this in order to consider how correct it is. Here we can look at...

Problems in Probability and Statistics

middle value out of the set, which in this case is 2. Median = 2 Other useful statistical calculations that can be performed upo...

An Example of How a Decision under Uncertainty May Be Assessed in the Business Environment

has been built, and more potential customers are travelling away from the store (Kotler and Keller, 2008). One of the first appro...

Statistical Testing

The t-test gives as a score of 1.5691772 and the p-value (which is a probability value) is 0.074085. From this result there is a s...

Probability and Statistics Questions VII

2-20. Age, Gender and Personnel What is the probability that the manager chosen will be either a woman over 50 or both...

Answers to questions on Business Statistics 1

of an entire population can be difficult. If a sample is structured in the right way, a cross-section of the population is easier ...

Statistics in Business Decision

This increases the level of uncertainty. However, when looking at the figures for the company as a whole there is the same pattern...

Two Issues in Research Methodology

these methods is relatively simple. If all members of a population were identical, there would be no need for probability sampling...

Survey Methodological Issues

be counted. Question 2 Probability v. non probability sampling Probability sampling is a random sampling style, the basis of thi...

Using Statistics to Assess Investments

Answering questions set by the student, the writer shows how may be useful in assessing investments. The first part of the paper l...

Calculating Probability when given a Mean and the Standard Deviation

The writer shows how the probability for a particular outcome for an investment may be calculated when the mean return and standa...

Using Statistical Analysis and Explaining Probability

collected on the same date each month, the 12th. However, even during a day there are a number of different data points which coul...

Probability Distribution

the figure above the line is a one, and there are two possible outcomes, this means the number below the line is 2, giving us 1/2....

Sample Populations and Designs of Probability and Nonprobability

investigators is asking the opinions of anyone on the street (Trochim,, 2005a). Convenience sampling is including persons in the s...

Identity Testing and DNA

known, and "probability of identity" applies only to the father. Genetic Profiles (1998), a laboratory specializing in DNA ...

Town and City Crime Audits

In seven pages the ways in which a crime audit might be conducted by a Central Business District are considered with a discussion ...

Minority-Owned Business in the UK and USA

produce twice as many product innovations and significant innovations as large firms, and obtain more patents per sales dollar tha...

Unique Restaurant Opening Business Plan

restaurant. The owner also has a college degree in hospitality and extensive experience with fiscal matters. Financial Analysis T...

Analyzing a Statistical Information Article

that it changed in relationship to the attractiveness of the presenter (Utton, 2002). In the study, as many as three quarters of t...

The Importance of Statistics to the Insurance Industry

or the beneficiary, will receive a payment. For some policies, such as life insurance policies, this is a fixed amount, for other ...

National Statistics And Local Decisions

say. More than a decade ago, Professor Taflinger (1996) recommended people ask specific questions before simply accepting the data...

ECONOMIC DATA ANALYSIS - UNITED STATES, JAPAN, EUROPE AND CANADA

today and in 2005? Inflation - 2008 Inflation -- 2005 Canada 3% 2.5% Euro Area 2.7% 2.7% Japan 2% -2% United States 2% 3.7% A...

Inferential Statistics and Nursing Research

the variances in the aspect of disease incidence that they are researching, they typically also wish to formulate inferences based...

Uninsured Americans - The Racial Demographic

and whites (Overview of the uninsured ..., 2005). The picture is somewhat better for African-Americans. They comprise 12% of the...

Tom Nairn's Article on 'Micro States'

In three pages an article summary pertaining to the micro states' sensation is presented in a consideration of concept, statistics...

Forms of Child Abuse 2

In five pages various types of child abuse are discussed in terms of statistics, situational assessment, and suggested improvement...

Operations Management Calculations

too long to make an analysis of it viable when undertaking all the other tasks of everyday life and setting up a business. When ...