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In the textbook, §1.8 discusses “Ethical Guidelines for Statistical Practice” and promotes the idea that we should strive to be ethical in all that we do.
Why is it important to use statistics ethically?
Give an example of unethical use of statistics and explain why it is unethical.
Could this unethical use of statistics be corrected so that the statistics are performed fair, thoroughly, and objectively? Why or why not?
Billy Penny is trying to determine how many units of two types of lawn mowers to produce each day. One of these is the Deluxe model, while the other is the Standard model. The profit per unit on the Deluxe model is $40, while the profit per unit on t..
Determine which project might be implemented and why (e.g. feasibility study, breakeven analysis, etc). Describe the five phases of a project
As consumers, we all undergo a decision process when considering what products to purchase and use. Think about a complex purchasing decision you have been part of in your personal life or in your job. Describe, in detail, how you experienced each st..
Briefly provide an introduction to the management topic, trend, or issue you selected. Identify the theory (or theories) that underlies or drives the topic, trend, or issue you selected. Explain how this theory (or these theories) help explain the..
Some organizations are disciplined in performing job analysis and maintaining up-to-date job descriptions while many are not. Why might this be true? If employed, is there a difference between what you and your employer think about the value of job a..
If the fund earns interest at 8.5% per year ,compounded annually ,how much should the father deposit at the end of each year, up through the 17th year ?
Control is very important in the management environment and community. In your lessons, you viewed a case study video on Dunkin' Donuts.
Multiple models are often used in supporting business decision-making. Why might this be the case and what factors may dictate the need for multiple models?
One of the most important activities in supply chain design is selection of suppliers. Conduct research and discuss what criteria (other than price) might be used to select the suppliers.
every country around the globe is competing for investments by multinational companies. however before investing in a
At the end of the risk workshop, the two items identified are the event that triggers the risk and the effect of the risk on the project. the event that triggers the risk and its probability of occurring. the identification of the risks and their im..
Protection for whistleblowers is an example of the public policy exception to an employer’s right to terminate at will. In approximately 25 states (but not Michigan), there are statutes which prohibit workers from being terminated for being involved ..
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