Define descriptive statistics

Assignment Help Business Management
Reference no: EM132830476

-We define descriptive statistics is the branch of quantitative analysis that uses numerical metrics and graphs and charts to describe a data set so that we can realize the information in that data. There are a wide variety of these numerical and graphical tools measuring what is called central tendency, dispersion and shape. Describe and discuss why there are so many of these metrics. Do you use any of these in your work?

-One of the more used and useful parts of descriptive statistics is using graphs and charts to display data and make information easier to see and understand. Do you use graphs and charts at work or at home? If so, what kind of graphics do you use?

-Some of the most commonly used graphs are the so called "big five" - pie charts, column charts, bar charts, line charts and XY charts (scatter charts). But there are many other graphics that we use. Two parts here - one: do you use any of the big five? And two, are there any other types of charts and tables which you use or see being used at work or at home?

Reference no: EM132830476

Questions Cloud

What is the company return on assets or earning power : Stoney Mason, Inc., has sales of Rs.6 million, a total asset turnover ratio of 6 for the year, What is the company return on assets or earning power
Demonstrate an enterprising mindset through the application : Discuss and demonstrate an enterprising mindset through the application of knowledge and concepts. Individual written Business Plan or Proposal
How do the alternatives compare to one another : When evaluating alternatives during a DoD product support optimization process, you, the life-cycle logistician, should be able to answer which of the following
How do the two play out in terms of workplace diversity : Consider discrimination and human behavior. How do the two play out in terms of workplace diversity? When are do they have a positive impact and when do they.
Define descriptive statistics : We define descriptive statistics is the branch of quantitative analysis that uses numerical metrics and graphs and charts to describe a data set
Prepare the appropriate journal entry for each : Raw materials were purchased, Php346,000. Prepare the appropriate journal entry for each of the items above (a. through j.)
Would you prefer to hire employees or independent contractor : Imagine that you are starting your own home improvement business and will need 10 workers of varying skills. Would you prefer to hire employees or independent.
What further actions can tetra take to ensure : What further actions can Tetra take to ensure that it is positioned as a pharmaceutical to its target customers and other stakeholders?
Describe the target market and apparent marketing mix : Describe the target market and apparent marketing mix of your chosen organization. Conduct a five forces analysis for the selected organization.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd