Explain the main characteristics of statistics

Assignment Help Management Theories
Reference no: EM131246799

1. "Statistics are aggregates of facts, affected to a marked extent by a multiplicity of causes". Discuss the above statement and explain the main characteristics of statistics.

2. "Statistics are not merely heap of numbers". Explain.

3. Elucidate the following statement :
"Not a datum, but data are the subject-matter of statistics"

Reference no: EM131246799

Questions Cloud

Part of a security team at a large corporation : You are part of a security team at a large corporation. Recently, a colleague asked why there is a policy against using public wireless networks with their company laptops. You explain that hackers use software to steal and analyze network traffic..
Design an iterative and a recursive function : Design an iterative and a recursive function called replicate_iter and replicate_recur respectively which will receive two arguments: times which is the number of times to repeat and data which is the number or string to be repeated.
Developing a design class diagram : Classes can be defined in class diagrams such as a detailed DCD. A class diagram describes the attributes and operations of each class in detail. It also describes the relationships between classes. A well-designed, detailed class model is essenti..
Frameworks for systems planning : Question One: Do we really need a major change in the way the IS function is structured...are the necessary changes just minor modifications to accommodate normal growth in computer uses...what are your thoughts / research in this regard?
Explain the main characteristics of statistics : "Statistics are aggregates of facts, affected to a marked extent by a multiplicity of causes". Discuss the above statement and explain the main characteristics of statistics.
What is interpretation of estimated regression parameter : Imagine you are interested in the relationship between education and self-reported marital satisfaction. Suppose the “true model” is: Marital Satisfaction = 0.08 + 0.020(Education) + 0.05(Male) +0.12(Mental Health). What is the interpretation of the ..
How would you define health literacy : Was the pamphlet you selected appropriately designed for a low health literacy target group? Explain how the pamphlet "ranked" with each of the literacy criteria. If you found the pamphlet to be low-literacy level appropriate, then explain why. ..
Resource and find additional resources to assist you : You will create a PowerPoint presentation to address the question below. Your PowerPoint presentation should be between 11-12 slides, and developed as if you are presenting to fellow colleagues within the IT industry. Define ERP, SCM, and CRM. Us..
Compute the average cost per vaccination for each program : A public health department is considering five alternative programs to encourage parents to have their preschool children vaccinated against a communicable disease. At most one program will be adopted. Compute the average cost per vaccination for e..

Reviews

Write a Review

Management Theories Questions & Answers

  Found an odd-looking stone in his fields

Jones, a farmer, found an odd-looking stone in his fields. He went to Smith, the town jeweler, and asked him what he thought it was. Smith said he did not know but thought it might be a ruby.

  Describe the three elements to effective communication

What is a vision statement, who is a stakeholder and what is stakeholder analysis? Discuss methods of engaging with stakeholders.

  Find two credible sources that reflect on the success

Find two credible sources that reflect on the success of the ESA in the US compared to efforts by the European Union. Compare those efforts and provide one example of a species successfully protected in the US and one in the European Union.

  In what ways do the barriers to interpersonal communication

In what ways do the barriers to interpersonal communication interfere with your development of the diversity competency?

  Describe briefly the iplc theory

Describe briefly the IPLC theory and its marketing implications.

  Cuban and martin woodall founded micro solutions

Mark Cuban is known as the billionaire entrepreneur (net worth $2.8 billion) currently focusing on the sports and entertainment industries. Cuban's holdings include five companies. Cuban paid $280 million for 75 percent ownership of the NBA Dallas..

  With respect to the transportation industry

With respect to the transportation industry, provide several key points explaining the meaning and significance of the term "Intermodal." Please view the 3 videos on the subject of "intermodal" transportation.

  Does your company have market power

Government regulators are concerned with market power. Does your company have market power? Or does your company operate in a competitive market? If so, provide a few examples

  Selling site available to the general public on the internet

Select any online selling site available to the general public on the Internet.

  The emergency department physician discovers

An 83-year-old diabetic male, Mr. Jones, is brought in to the emergency department because of respiratory distress by his care-giving daughter, with whom he lives. In examining him, the emergency department physician discovers that Mr. Jones has gang..

  Front-office tasks to back-office

Excerpt from the book: "We label the work performed in service firms that does not require the presence of the customer as "back-office" work, and work that does require the customer as "front-office" work. Throughout the service economy there has be..

  Which of these needs and expectations conflict

How do the training needs and expectations of the workers and employers differ? Which of these needs and expectations conflict? Which converge?

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