Download file to see previous pages...
The total equaled 663365. The top eBook, Kama Sutra, received a frequency of 6185. The relative frequency for Kama Sutra is 6185 / 663365 or 0.93%. The relative frequency of the top five eBooks combined is 19271 / 663365 or 2.90%. The information given on the website provides data regarding downloads of eBooks, thus the entire demand illustrated on the website is for electronic books. The frequency distribution does not tell us anything directly about the behavior of hard copies of the books. On the hand indirectly the information can be used to create buyer behavior assumptions. The normal distribution is a normal curve in the form of a bell-shaped. The curve is symmetric about its mean. If the data set I choose was plotted in a normal distribution the number of downloads of the different authors would not have results that are unevenly dispersed.
There is a difference between the average and the middle point in a list. The average is calculated by adding all the numbers and dividing them by the number of entries. This is not considered the middle number in a list, since the middle number is called a median. A median is the number that is in the middle of the list of the numbers that is arranged sequentially in terms of value. In the example given the mode is the median which is the value of 3.7. A real life example is determining how long it takes for me to complete a work set. In this case the average time would be a more valuable metric than the median time since the middle point among the set is not of as much value as knowing how much it typically takes me to complete a job. In order to find the middle point in a set I would write down all the different times it takes to complete the task. Then I would arrange the number from bottom to top. (ex. 2,6,8, etc.). This would create a list. The number in the middle of the list is the median.
In making statistical decisions managers have to take into consideration different variables such as size
...Download file to see next pagesRead More
In an internal audit article published by the Kansas State University, the discourse on internal controls has clearly indicated that there are four purposes of internal control systems, to wit: “(1) protecting its resources against waste, fraud, and inefficiency; (2) ensuring accuracy and reliability in accounting and operating data; (3) securing compliance with the policies of the organization; and (4) evaluating the level of performance in all organizational units of the organization” (Kansas State University par.
A list of ten benefits of project management is illustrated below: 1. Better efficiencies in developing services 2. Improved customer retention 3. Enhanced effectiveness in delivering services 4. Improved growth within your team 5. Greater competitive edge 6.
Successful companies such as Starbucks have strong CRS in place with initiative such as purchasing only fair trade coffee. Ethics plays an important role in the future success of a company. Back in the late 1990’s the apparel giant Nike Corporation got involved in a messy sweetshop scandal the image and reputation of the company.
One of the most important functions that the FASB serves is formulating the generally accepted accounting principles (GAAP). The accounting profession is self-regulated and accountants depend on the generally accepted accounting principles to guide their work.
An example of an unethical practice is changing depreciation methods without a justification and without including the change in the notes to the financial statements of the company for the purpose of altering the actual financial performance of a company.
Project Technical Planning is a series of successful steps or a sequence of successful steps that leads a project towards a successful completion (Kerzner, 2006). As we talk about the problems and troubles with the project
How can risk be mitigated?
A process improvement opportunity within my organization is in the transportation department where I work. Right now there are two people who route the trucks and schedule the appointments for all trucks leaving Cargill
The desired benchmark is to achieve 100% recycled plastic usage in its packaging of 20z coke bottles and liter bottles. The usage of water has been reduced by 20% since 2002; a desirable benchmark is further reduction of 10% by
The products sold by the competition are all similar. During team meetings the employees discuss ways improving the profits of the firm. Market forces in our marketplace controls price. The law of supply and demand forces equilibrium prices in the marketplace.
The terminology of sample and population must be understood well prior to designing the experiment. Academic theory is important for professionals in all fields of study. A person that does not utilize theory in
5 Pages(1250 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Participation and Discussion Questions for FREE!