Descriptive Statistics Project A Baron J Hamilton Jr. D00743033 Keller Graduate School of Management Math 533-65352 Applied Managerial Statistics Introduction Data was collected from a sample of credit customers in the department chain store of AJ Davis using statistical analysis. The analysis below consists of 4 quantitative methods which are income, size, years and credit balance and one qualitative method, location. Descriptive statistics can explain some of the relationships of the
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MATH 533: Applied Managerial Statistics Course Project –Part A I. Introduction. SALESCALL Inc. is a company with thousands of salespeople. The data provided; SALES (the number of sales made this week), CALLS (the number of sales calls made this week), TIME (the average time per call this week), YEARS (years of experience in the call center) and TYPE (the type of training, either group training, online training of no training). The data is used to determine the most productive sales person.
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TQM and Reinventing Government on the web-site for teachers and learners of English as a secondary language from a German point of view. [pic] Table of contents |Total Quality Management and Reinventing Government |HOME[pic]PAGE |[pic] |back to An introduction to QM |go on to: Committee:TQM Information |[pic] | |[pic] TOTAL QUALITY MANAGEMENT AND REINVENTING GOVERNMENT I. What is TQM? TQM is a new paradigm of management! TQM is both a philosophy and methodology for managing organizations
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1. The graph below shows a slight positive relationship between having a higher credit balance with a larger household size. 2. The equation of best fit, also known as the regression equation, is Credit Balance($) = 2591 + 403 Size. This means that for each 1 increase in household size that that credit balance increase by $403. 3. The coefficient of correlation is the square root of .566 which is .7523. This value being closer to one than to zero and being positive implies strong linear
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GM533 PROJECT PART C: Regression and Correlation Analysis 1. 2. The equation of the ‘best fit’ line which describes the relationship between credit balance(y) vs size(X) is given as follows: y = 404.13x + 2581.9 3. The coefficient of correlation = 0.752483 Correlation coefficient, r is a measure of the degree of correlation or interdependence between two variables. The value of the correlation coefficient can range between -1 and +1. A negative value
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| Course Project: AJ DAVIS DEPARTMENT STORES | | | | | | This is a report presenting detailed statistical analysis of the data collected from a sample of fifty credit customers in the department chain store AJ DAVIS. Data was collected on five variables, which were location, income, size, years at current location and credit balance. The first variable analyzed was that of Location. The location data is a categorical variable. Which was further broken down into three subcategories
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1) Mean: The mean of a set of numbers is the average. The mean is calculated by finding the sum of all the values and dividing by the number of values. 11+12+12+13+14+16+18+19+20 = 135 There are 9 numbers in the series, so the mean is: Mean = 135/9 = 15 Median: The median of a series of numbers is the number that appears in the middle of the list when arranged from smallest to largest. For a list with an odd number of members, the way to find the middle number is to take the number of members
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Course Project A – AJ Davis Department Store Keller Graduate School In reviewing the data for AJ Davis Department Store, the below diagrams represents the detailed statistical analysis of the data collected from a sample of 50 credit consumers. The data collected was based on the following five variables: location, income, size, years and credit balances. The first individual variable considered was Location. The three subcategories are Rural, Suburban, and Urban. Shown below is the frequency
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Maurice S. Butler Math533—Applied Managerial Statistics Course Project: Part A Introduction This project is based upon statistical data compiled concerning AJ Davis Department Stores, specific to a sample of its customer base. It is with intent of establishing relationship between location, gross income, and credit balances carried by customers that the following statistical analysis has been performed. It is assumed that information obtained as well as the interpretation of statistical analysis
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Keller graduate school of management | Department Store part B | Week 6 project for AJ Davis | Information from the project for AJ Davis department store. Attached in this report is all information related to the information listed from Excel. | Results from Minitab findings The mean income was less than $50,000. The Null Hypothesis: which states the average annual income was greater than or equal to 50. The number of trials (n) is larger than 30 use ztest to check the hypothesis
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