Reference no: EM132522758
Too often, statistics are used to ‘prove' some point or to persuade an audience to some particular point of view, without really being accurate, complete, or honest. This issue has been the subject of numerous texts. You may be interested in reading such titles as: Damned Lies and Statistics, or How to Lie with Statistics. To fulfill this discussion board activity, complete the following:
Research one example where data analysis might have been misused or misapplied. Read about the example thoroughly so that you understand how analytics was used, and why it was problematic.
Share your chosen example with the class, documenting your source. Be sure to summarize the scenario thoroughly for the class.
Explain why use of analytics contributed to the problem.
Discuss the consequences of the matter. Did the company/organization involved suffer any adverse consequences? If so, were the related to public opinion/trust, were they financial, were they punitive, etc.?
Apply project management and ict tools
: Apply project management and information and communication technologies (ICT) tools to plan, execute, record and present their research and project work
|
What is the median seedless watermelon weight
: Suppose that the weight of seedless watermelons is normally distributed with mean 6 kg. and standard deviation 1 kg. Let X be the weight of a randomly
|
Find information outside of the annual reports
: Find information outside of the annual reports ie relevant to making decision about company. Compute most recent debt to assets ratio and times interest earned.
|
Why does the myth of king arthur end with the question
: Why does the myth of King Arthur end with the question of Arthur's mysterious death? What do you think happened to Arthur at the end of the myth? Why?
|
Discuss the consequences of the matter
: Discuss the consequences of the matter. Did the company/organization involved suffer any adverse consequences?
|
How many different passwords can you get
: What if a password should contain at least one English letter and one digit. How many different passwords can you get?
|
Perform a hypothesis on the slope for the packaging display
: If you were using the backward stepwise regression with an alpha to leave of 0.1, would you eliminate a variable? If so, which one?
|
Corporate valuation model and the dividend discount modela
: Benjamin Graham, the father of value investing, once said, "In the short run, the market is a voting machine, but in the long run
|
Explicit strategies for technology development
: Do you feel that countries and companies need explicit strategies for technology development,
|