Business Reference Guide: Understanding Applied Statistics (PDF)
(Sprache: Englisch)
This volume begins with an essay by Ruth A. Wienclaw, who overviews the basic use and purpose of business statistics.
While she admits that statistics can be applied to a number of business problems in fields such as marketing,
operations, and...
While she admits that statistics can be applied to a number of business problems in fields such as marketing,
operations, and...
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This volume begins with an essay by Ruth A. Wienclaw, who overviews the basic use and purpose of business statistics.
While she admits that statistics can be applied to a number of business problems in fields such as marketing,
operations, and forecasting, Wienclaw recognizes that the value of statistics rests on the quality of the hypothesis being
tested. In addition to the importance of sound hypotheses, Wienclaw also illustrates the utility and worth of regression
analysis and variance. She stresses that both “can be invaluable to providing managers and other organizational
decision makers with the information that they need to make informed decisions and develop plans to increase the
effectiveness of the organization.” Intermediate applied statistics also help organizations reach their goals and objectives with the use of statistical procedures such as analysis of variance, the Pearson product moment coefficient of correlation, and linear regression. To better understand these, individuals rely on descriptive statistics. This variety
often encompasses graphs, measures of central tendency, measures of variability, frequency distribution, and quality control chart differences.
While she admits that statistics can be applied to a number of business problems in fields such as marketing,
operations, and forecasting, Wienclaw recognizes that the value of statistics rests on the quality of the hypothesis being
tested. In addition to the importance of sound hypotheses, Wienclaw also illustrates the utility and worth of regression
analysis and variance. She stresses that both “can be invaluable to providing managers and other organizational
decision makers with the information that they need to make informed decisions and develop plans to increase the
effectiveness of the organization.” Intermediate applied statistics also help organizations reach their goals and objectives with the use of statistical procedures such as analysis of variance, the Pearson product moment coefficient of correlation, and linear regression. To better understand these, individuals rely on descriptive statistics. This variety
often encompasses graphs, measures of central tendency, measures of variability, frequency distribution, and quality control chart differences.
Bibliographische Angaben
- 2014, Englisch
- Herausgegeben: The Editors of Salem Press
- ISBN-10: 1429835540
- ISBN-13: 9781429835541
- Erscheinungsdatum: 01.05.2014
Abhängig von Bildschirmgröße und eingestellter Schriftgröße kann die Seitenzahl auf Ihrem Lesegerät variieren.
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- Größe: 1.84 MB
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