By Trevor Wegner
An introductory records textual content for administration scholars who need to know the best way to research information generated from any zone of business—be it advertising, finance, human assets, construction, or logistics—this publication highlights the function of records as a choice aid software in administration choice making. all through, emphasis is put on the significance of knowledge and information caliber; the diversity of attainable purposes, proven via a number of labored examples; transparent reasons of the way each one strategy works; and the legitimate administration interpretation of the statistical findings. Assuming just a easy point of mathematical skill, this reference publications scholars via every one statistical technique.
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Extra info for Applied Business Statistics: Methods and Excel-Based Applications
Use the following semantic differential rating scale: Extremely poor  Very poor  Poor  Unsure  Good  Very good  Excellent  (s) number of copies of the Cape Times sold daily by a café in Paarl (t) different sectors of investments in unit trusts. 21 Applied Business Statistics 12 Refer to the financial analysis schedule below: Financial analysis study (1) Economic sector Mining u Manufacturing u Retail u Insurance u Financial u Computers u Other (specify) .................................
23 Strongly disagree Disagree Neutral Agree Strongly agree Applied Business Statistics I receive my statements regularly 1 2 3 4 5 Voyager Centres are conveniently situated 1 2 3 4 5 The Voyager Guide is user friendly Voyager staff have good communication skills My queries are always dealt with effectively Voyager staff are knowledgeable about their product 1 1 1 1 2 2 2 2 3 3 3 3 4 4 4 4 5 5 5 5 (10) Rank the following four Voyager facilities from most useful (assign rank = 1) to least useful (assign rank = 4).
7 A survey of a random sample of 68 human resource (HR) managers asked them to identify the performance appraisal system their company used. The options were: 1 = a trait method 2 = a behavioural method 3 = a results method. The survey found that only 15% used the trait method, 39% used the behavioural method and 46% used the results method. The study aims to describe the profile of performance appraisal systems used by all JSE companies. (a) Define the random variable of interest. (b) What is the population of interest?
Applied Business Statistics: Methods and Excel-Based Applications by Trevor Wegner