reason behind the increasing turnover rate? There has also been an increased usage of paid time off (PTO). The purpose of this research analysis is to find a solution to the increasing turnover rate as well as help improve company moral and get divisions at BMIS back on track. Instrument Design The data collection instrument used in this analysis was a survey. A survey can be defined as a tool used to collect information by asking questions recording responses on individual opinions
Words: 1727 - Pages: 7
Statistics in Business QNT 351 August, 2012 University of Phoenix What are Statistics? Statistics is the science involved in the application of quantitative principles to the collection, description, interpretation, and presentation of numerical data, as well as the meaning of collected data within the realm of business, and is also commonly used for marketing procedures. Statistics generally deals with the main business elements and the planning process of the data that have been collected
Words: 647 - Pages: 3
Analyzing and Interpreting Data QNT/351 March 25, 2015 Analyzing and Interpreting Data The company Ballard Integrated Managed Services Inc. (BIMS) made a second attempt to find the root problem of the increase in turnover that the company has experienced. The first attempt failed to give a concrete answer do to the low encouraging to employees to complete the survey, also the confusing wording of the survey and for the small percentage of workers that completed the questionnaire. Only a 17
Words: 1364 - Pages: 6
Statistics in Business Kareem Kelly QNT/351 December 07, 2015 David Lantz Statistics in Business Statistics is a form of science where information learned from the collection of data. The data is involved in the application principle of quantitative interpretation and presentation for business purposes. Statistics are used for wide array of fields including business, education, marketing, economics, health, physics, sports, government, military, and many other fields. There are different types of
Words: 507 - Pages: 3
QNT/351: Quantitative Analysis for Business Individual Exercises Week One Statistics in Business October 2, 2013 Definition of Statistics Statistics, the mere mention of the “word” strikes fear in the hearts of students. Statistics is a subject that consumers are bombarded within the form of commercials, advertisements, work, and even political campaigns; however little thought is put into how the numbers are derived. A personal definition of statistics is a set of data that
Words: 380 - Pages: 2
Statistics in Business J. Maynard Dill QNT/351 - Quantitative Analysis for Business Monday 11th, March 2013 Edward Heinz, instructor Statistics in Business The general statements made by people every day such as smoking is bad for one’s health, or the green house affect is causing the polar ice cap to melt are assertions made that can be either proven or disproven. This is accomplished by the systematic gathering, sorting, reviewing, categorizing, examining, and interpreting of data to
Words: 368 - Pages: 2
Statistics in Business QNT/351 LaShawn Smith University of Phoenix JONTE LEE Statistics in Business Statistics refers to the use of numerical information in everyday life to calculate facts and figures in limitless circumstances such as, batting averages, market share, and changes in the stock market. In addition, statistics refers to the scientific collecting, classifying, summarizing, organizing, analyzing, and interpreting numerical
Words: 629 - Pages: 3
Statistics in Business Lula Mae Blake QNT/351 May 4, 2015 Sara Skowronski Statistics in Business According to dictionary definition it is “the science that deals with the collection, classification, analysis, and interpretation of numerical facts or data, and that, by use of mathematical theories of probability, imposes order and regularity on aggregates of more or less disparate elements (2015).” Identify different types and levels of statistics Types and
Words: 443 - Pages: 2
Statistics in Business Joseph Giardino Qnt 351 November 20, 2013 Forrest Boyd Statistics in Business Webster’s dictionary (2013) defines statistics as “a branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data; a collection of quantitative data.” At its core, statistics is a mathematical process of crunching numbers and solving equations, just like all other math disciplines. Statistics separates itself by using the data and
Words: 406 - Pages: 2
Analyzing and Interpreting Data – BIMS, Inc. Team C: Samantha Huguenin, Keith Salter, Jeremiah Logan 11/20/14 QNT 351 Dr. Jaejoo Lim Analyzing and Interpreting Data – BIMS, Inc. Consulting Group – Team C has performed a lot of analysis on to help top management of Ballard Integrated Managed Services, Inc (BIMS). These tasks were the result of a high amount of turnover trend of attrition and employees being unhappy within this particular company. The initial action taken involved data collection
Words: 1407 - Pages: 6
