Data Essays

Why Some Sociologists do not Use Official Stats in their Research

Official statistics are a source of secondary data. They are produced by the government. They are quantative data. There are two types of Official Statistics. Hard statistics which are objective and can’t be manipulated; statistics on births and marriages are hard statistics. Soft statistics which are more subjective are easy to manipulate; statistics on crime, poverty and unemployment are soft statistics. Positivists favour Official Statistics as they take a scientific approach by using standardised research methods to get the quantitave…

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Functional and Non Functional Requirements

I. Types of Requirements : A. What is functional requirements ? A functional requirement defines a function of a system or its component. A function is described as a set of inputs, the behavior, and outputs . Functional requirements may be calculations, technical details, data manipulation and processing and other specific functionality that define what a system is supposed to accomplish. B. What is Non-functional requirements ? A non-functional requirement is a requirement that specifies criteria that can be used…

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Importance of Statistics in Educational Management

To accomplish set goals in an organisation, the school manager or administrator must plan, implement such plans and evaluate success. To do so, the use of statistical data is crucial. In this paper the writer is going to discuss the importance of statistics in her area of study which is Educational Management. According to Kendrick (1997:1) statistics are, “numbers that help us find patterns in data, such as averages and medians.” Thus statistics looks at how to collect, organise, analyze…

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Statistics in Business

Statistics is defined as the science of data. It involves collecting, classifying, summarizing, organizing, analyzing, and interpreting numerical information. (McClave, Benson, & Sincich, 2011, p. 3). . There are two different application process involved in statistics; descriptive and inferential. Descriptive statistics is the analysis that helps describe, summarize or show data in a way to allow patterns to emerge from the data. This can be captured numerically or graphically. Inferential statistics require the statistician to reach conclusions in way that…

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Data Analytics

Data analytics is a method used by organizations to gain competitive advantage over other companies in their specific market. It is a scientific process of mining and analyzing the database gathered by organizations about their customers and their products in order to generate more profit or to build the marketing strategy of the company (Loveman, 2003). For example, a travel agency may be able to use the information they gather about customer characteristics and correlate it with their traveling destinations…

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Organise and Report Data

1.1 Describe different ways of organising data that has been researched. Data is a group of information that are used for various purposes like analysis, evaluations and to arrive at certain results or conclusions. Data reporting is a process where data is extracted form a source or many sources and then converted into a format that can be used for a purpose. Data can be organised chronologically, for value/size, simple to complex etc. 1.2 Describe different ways of reporting data….

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Otis Toy Train

Otis Toy Trains Company of Minneapolis, Minnesota, was extremely popular in the 1960’s, 70’s, 80’s, and somewhat the 90’s, however since then they have struggled to meet sales that cover their total costs. This lead to a proposal by the Joyous Luck Prosperity Toy Company (JLPTC) of China, who offered a price per unit of production to be between 40 and 60 percent lower than their current costs. When considering the attractiveness of this proposal, Otis Toy Trains must look…

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.northwest Airlines

1).Northwest Airlines applied mathematical models to determine which customers in its database were currently responsible for most of its profitability and which customers were not currently profitable but had similar characteristics to the most profitable customers. Northwest Airlines utilized _____ to identify these customers. 2) Minute Maid sees research as the fundamental first step in any business decision, and it created proprietary methods for conducting research. At what level of the hierarchy of business decision makers does Minute Maid operate…

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Invincibility Systems

Invincibility Systems (IS) is a cutting edge aerospace and defense equipment company that employs 17,000 people. The stakeholders in the company are all the past, present, and future employees, board members, customers, vendors, suppliers, competitors, citizens, and potential adversaries. Board members make decisions about the company and its leaders. The customers are most likely the United States government or government affiliates. The suppliers and vendors are the companies or individuals who sell materials, goods, or services to IS. The competitors…

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Active Perception

The Wikipedia article on perception defined passive perception theory which states that perception is a phenomenon that results from a sequence of events. First, the sensory information is taken in which the senses process and interpret. After processing the information, a response to the information is generated. The best way to illustrate this theory is by observing how an old computer works. Data are fed on to the computer which it processes and interprets after which, a response to the…

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Applied Business Research & Statistics

In the following, the learning team will revise the Business Research Project. The team will collect all the individual papers from week 5 and will incorporate the best elements into one team inferential statistics and findings paper and spreadsheet. The team will also note the strengths and weaknesses of their statistical findings. They will collaborate if there are any differences to find the best approach. The team will combine all the papers from parts 1-5 and revise all tables and…

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What Is Statistics_

Statistics is mathematical analysis involving the use of quantitative, models and summaries for a given set of tested data or observations. Statistical analysis involves the process of collecting and analyzing data and then summarizing the data into a numerical form. Today there is no social ,commercial or even governmental activities not dependent on statistics from the beginning of the project until its end. When you start planning any new project must be the work of, for example, a study on…

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Corporate Entrepreneurship

Background: US Broadcasting Industry: The US media industry was the second largest market around world at $255.1 billion and was forecast to grow at a compound annual growth rate of 2.3 percent till 2017. Within the media industry, broadcasting and TV was the largest category with a market of $142.6 billion. The industry players were competing mainly with one another for viewership to drive advertising revenue which was the primary source of profits. The traditional advertising driven business model started…

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Handling of Information in Social Care Settings

Legislation that relates to recording, storage and sharing of information in social care are as follows Data protection act 1998. This is how information about individuals is used. This covers eight principles under which personal data must be protected and collected. DPA says that service user information must be confidential and can only be accessed with their consent. Service users must know what records are being kept and why the data is kept. Freedom of information act 200 The Freedom…

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Billing System

The Information Flow Model (IFM) is used to understand the sources and destination of information flow, which is required to execute the business process as shown in Figure 3.5. In IFM, information or data generators and processors are brought together to explain the flow. This could be documents, e-mail, or voicemail. The contents of the flow could be text, images, or diagrams. The purpose of the flow is to take the process further to its logical conclusion. For example, a…

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