Nobody downloaded yet

Statistical Methods in Economics and Business - Essay Example

Comments (0) Cite this document
Study abroad programs offered by the universities are intended for students as an extension of academic learning and competence enhancement. These programs called the attention of experts and academicians saying that study abroad must be carefully assessed to ensure that this maintains its integrity as an institution that helps students achieve the learning and development intended by the programs…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.3% of users find it useful
Statistical Methods in Economics and Business
Read TextPreview

Extract of sample "Statistical Methods in Economics and Business"

Download file to see previous pages A standard made by the institution. Now the conductors of the study have thought of using British Studies Program to see whether or not students will excel in the said aspect. Students form 10 institutions have attended to participate in the study and together with them, the faculty gets to supervise and coordinate with what are being offered by the Program. As a brief background of the British Studies Program, it offers business courses such as accounting and economics and non - business courses like the Legend of King Arthur and the Geography of Great Britain. The objective of the program regarding the study is that students are to be:
As what can be observed from the design formulated form the study, we can clearly and able to see the changes or improvements made by the subject students so we can say that it is an appropriate design. A very systematic approach to the study and almost no subjectivity involved.
At the beginning, those who conduct the study, of course, hypothesized that the program gives some significant positive effect on the students, but in conforming with technicality of using statistics to assess the subject to see any progress made, they just gave a hypothesis th ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Statistical Methods in Economics and Business Essay”, n.d.)
Statistical Methods in Economics and Business Essay. Retrieved from
(Statistical Methods in Economics and Business Essay)
Statistical Methods in Economics and Business Essay.
“Statistical Methods in Economics and Business Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Statistical Methods in Economics and Business

Quantative Methods (Statistical Analysis)

...: this is similar to double sampling; but is continued – if required – for a pre – decided number of times. The OC curve is the ideal curve, were all units tested. Based on the requirements of quality, the OC curve can be used to decide the type of sampling plan, the proportion of the sample that would optimally represent the lot, and the extent of risk that is being taken. Rather than have arbitrary decisions, basing these calculations on the OC curve helps in identifying the methods of sampling that would do both, the production lot and the requirements of quality the maximum justice. References: Morien, D. (2007) Business Statistics. NY: Thomson Learning Nelson  Downing, D., Clark, J....
8 Pages(2000 words)Assignment

Statistical Methods

...1. The 95% confidence interval for the unknown mean from a Normal distribution is given by 96 where is the sample mean, is the population standard deviation and n is the sample size. Here 1.96 is the value of the standard normal curve such that P (Z 1.96) = 0.025. The confidence interval is the result from the test statistic N (0, 1). Here = 96.4, n = 25 and = 14. Hence the 95%confidence interval is 96.4 1.96(14/) 96.4 5.488 (90.912, 101.888) To test for the hypothesis H0: = 100 Vs H1: 100 using this confidence interval. Since the 95% confidence interval contains the value 100, we have insufficient evidence to reject H0 at 5% significance level. Hence we can conclude that the population mean is = 100. 2... . As the...
8 Pages(2000 words)Math Problem

Two Statistical Methods

...Two Statistical Methods 0 Introduction Statistical methods have evolved over a period to time to address specific needs of industries, governments and society at large. Statistical studies follow either the experimental or the observational path. Whatever be the approach or study that is taken up, the analysis of the data is done using any of the number of statistical methods that are available. Each one of them is used to reach specific targets. For our current consideration, we have taken up, the chi-square distribution and the Analysis of Variance (ANOVA)1. 2.0 The chi-square Distribution A chi-square distribution...
2 Pages(500 words)Essay

Statistical Methods In Psychology

...Article Review Synopsis Article: Statistical Methods in Psychology Journals: Guidelines and Explanations. Published in American Psychologist. Vol. 54, No. 8, 594–604 Written by Leland Wilkinson. The article takes the ongoing dispute over the applications of significance testing in psychology journals into consideration. The article was motivated greatly by the publication of Cohens (1994) article, the Board of Scientific Affairs (BSA) of the American Psychological Association (APA) convened a committee called the Task Force on Statistical Inference (TFSI) whose charge was "to elucidate some of the controversial issues surrounding applications of statistics including...
5 Pages(1250 words)Essay

Statistical Quantitive Methods

...minutes c) The average time a car must wait = average waiting time + average time between arrivals = 0.25 + 4 = 4.25 minutes c) Explain two relevant business usages of the study of Queuing theory. Queue theory is used in scheduling of patients in hospitals. In this case as patience arrive they are issued with a slip that tell them the position they are in so that the doctor is only given the slips and calls the patients according to their time of arrivals. In public telephoning customer care systems, incoming calls to the customer care operators are scheduled so that they go to the next available customer care operator while other operators are busy. II a) Your organisation has...
4 Pages(1000 words)Essay

Doctoral statistical methods

...Doctoral statistical methods Task Doctoral Statistical Methods Statistical methods analyze the characteristics of a population in response to a sample phenomenon. Inferences are prepared from observations of the representative samples. ‘Analytical and computational’ techniques assess the characteristics and sequence of the components on analysis (Chiang 2003). Therefore, analyzing the prenatal experiences of a child requires ‘qualitative and quantitative’ methodologies. Qualitative assessment is employed because the factors under observation are not measurable since the study focuses on assessment of responses in relation to sound....
1 Pages(250 words)Essay

Statistical and Quantitative Methods in Business

...Statistical and Quantitative Methods in Business Statistical and Quantitative Methods in Business 1.1. Introduction This report aims at analyzing the relationship between organizational performance and factors which influence it. For this purpose, two companies have been selected from UK’s retail sector, which are Tesco and Sainsbury. Sampling and Data Collection For the purpose of carrying out this analysis, 50 questionnaires were distributed among the customers of Tesco and 50 among Sainsbury’s customers within the premises of the retail stores of the two companies. There were 34 and 31 correctly and completely filled out...
10 Pages(2500 words)Coursework

Statistical Methods

.... This corresponds to the results from the Anova, regression and correlation results. It is worth noting that this maybe so because hotel industry is ‘predominated’ by female workers. Bibliography Snedecor, G. W., & Cochran, W. G. (1989). Statistical methods. Ames: Iowa State University Press. Freund, R. J. (2010). Statistical Methods, Students Solutions Manual (e-only). Burlington: Elsevier Science. APPENDIX: RESULTS Gender of Respondent Frequency Percent Valid Percent Cumulative Percent Valid Male 96 47.8 48.0 48.0 Female 104 51.7 52.0 100.0 Total 200 99.5 100.0 Missing System 1 .5 Total 201 100.0 Employer of Respondent Frequency Percent Valid Percent Cumulative...
11 Pages(2750 words)Assignment

Statistical Methods in Psychology

...Chapter 7 Questions. Exercises 4. An industrial psychologist obtains scores on a job-selection test from 41 men and 31 women with the following results: Men M= 48.75 (SD =9.0); Women M = 46.07 (SD = 10.0). Test the difference for the significance at both the .05 and .01 levels (two-tailed). Determine the effect size for the difference of these two sample means. Does this effect size seem to be large or small? 10. Suppose that you have read the following sentence in a psychology journal: “The experimental group obtained a higher score on the recall task (M= 14.7) than did the control group (M=11.1), and this difference was statistically significant, t (38) =2.3, p < .05.” Assuming the two samples are the same size: (a)...
3 Pages(750 words)Assignment

Statistical Methods in Economics

...Statistical Methods in economics Statistical Methods in Economics How long are bicycles hired for (on average) onthe Santander London Bicycle Hire scheme? With the increasing heavy traffic and the ever increasing economy of London, there is need to find an alternative method to ease the heavy traffic witnessed in London. In fact according to Godwin (2004) the leading cause of traffic congestion is because the roads are full and close to the maximum capacity. In connection to this, a few years ago Santander Bicycle scheme was introduced by London so as to give people opportunity to hire bicycles from various docking stations in London. This was also intended to improve people’s fitness and reduce traffic congestion within the city... ...
4 Pages(1000 words)Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Statistical Methods in Economics and Business for FREE!

Contact Us