sampling populations and instruments. Other topics include descriptive statistics, probability concepts, confidence intervals, sampling designs, data collection, and data analysis – including parametric and nonparametric tests of hypothesis and regression analysis. Cooper, D.R., & Schindler, P.S. (2006). Business research methods (9th ed.). Boston, MA: McGraw-Hill/Irwin. Lind, D. A., Marchal, W. G., & Wathen, S. A. (2008). Statistical techniques in business and economics (13th ed.). Boston, MA:
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availability of a large variety of methods, techniques, procedures, protocols, and sampling plans. (Cooper & Schindler 2014 p. 82). Next, the details of the study must be positioned in place. For example, will the researcher use primary or secondary data, surveys, experiments, or a combination of methods. Next, what will be the types of questions will be posed, open-ended or closed? If surveys and questionnaires are used what type of a scale will be used to measure the results; a rating scale, semantic
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articles, and EBSCO-host online databases. The author of the research study also obtained information from related areas of research, and from doctorial dissertations of the same subject. Ethical considerations for data collection Ethical consideration given to the data that was collected for this study, was the insurance that all information obtained by participants would be shared only with their written consent and by select individuals affiliated with the study; as well as blinding
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Research in the context of Analytics. Analytics is defined as the scientific process of transforming data into insight for making better decisions. It is the combination of skills, technologies, applications and processes used by data scientist to gain insight in to their business based on data and statistics to drive business planning. It typically use’s data, statistical and quantitative analysis to measure the performance of the subject (Organization/ website etc.) on which a study is to be conducted
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conclusions (Oxford, 1996) Definitions of Research * a systematic and objective analysis and recording of controlled observations that may lead to the development of generalizations, principles or theories resulting in prediction and possibly ultimate control of events (Best & Kahn, 1998) * purposive, systematic and scientific process of gathering, analyzing, classifying, organizing, presenting and interpreting data for the solution of a problem, for prediction, for invention, for the discovery
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* Statistical methods help you understand the information contained in “the numbers” and determine whether differences in “the numbers are meaningful or just due to chance. * Why learn statistics? First and foremost, statistics helps you make better sense of the world. Second, statistics helps you make better business decisions. 1.2 Statistics in Business * In the business world, statistics has these important specific uses: 1. To summarize business data 2.
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Johnson Descriptive statistics is the term given to the analysis of data that helps describe, show or summarize data in a meaningful way such that, for example, patterns might emerge from the data. Descriptive statistics do not, however, allow us to make conclusions beyond the data we have analysed or reach conclusions regarding any hypotheses we might have made. They are simply a way to describe our data. Descriptive statistics are very important because if we simply presented our raw data it would
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Descriptive and Inferential Statistics PSY/315 Statistical Reasoning in Psychology September 21, 2013 Dr. Nancy Walker Descriptive and Inferential Statistics Statistics is “a branch of mathematics that focuses on the organization, analysis, and interpretation of a group of numbers” (Aron, Aron, & Coups, 2009, p. 2). However, just the mention of statistics makes people nervous, although when properly understood, many of the questions statistics tries to answer are very provocative and
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Analysis of Research Kaneitha Nelson HCS/438 July 16, 2012 Anne Kaiga Analysis of Research Analyzing statistical research requires specific procedures. The conclusion depends upon the statistical procedures used in the study and if they are appropriate. A study conducted in Johannesburg, South Africa on Very Low Birth Weight (VLBW) in premature infants uses descriptive statistics and analysis to determine the outcome of very low birth weight
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Use of Statistical Information HCS/438 August 6, 2012 Use of Statistical Information Statistics is defined as “the science of collecting, organizing, and interpreting data” (Bennett, Briggs, & Triola, 2009). For most patients and their families, the process of healthcare appears simple. People with illnesses are admitted into a hospital facility and a specific course of treatment is identified and the care is carried out by a team of physicians, nurses, and social workers. What is not
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