Your SlideShare is downloading. ×
0
Decision Making With Statistical Data (downloadable)
Decision Making With Statistical Data (downloadable)
Decision Making With Statistical Data (downloadable)
Decision Making With Statistical Data (downloadable)
Decision Making With Statistical Data (downloadable)
Decision Making With Statistical Data (downloadable)
Decision Making With Statistical Data (downloadable)
Decision Making With Statistical Data (downloadable)
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Decision Making With Statistical Data (downloadable)

4,270

Published on

MBA-TM academic presentation. Trans + references. Overview of needs for statistical analysis at a fictitious company.

MBA-TM academic presentation. Trans + references. Overview of needs for statistical analysis at a fictitious company.

Published in: Business, Technology
0 Comments
4 Likes
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
4,270
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
254
Comments
0
Likes
4
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide
  • Transcript

    • 1. AN INTRODUCTION TO ANALYZING COMPANY W’S NEW SNACK FORMULA MARK CARLSON P1IP1 MAY 26, 2008 Decision Making with Statistical Data
    • 2. Introduction <ul><li>Business Statistics </li></ul><ul><li>Qualitative Rating Examples </li></ul><ul><li>Interval and Rational Data </li></ul><ul><li>Population and Samples </li></ul>
    • 3. <ul><li>Definition </li></ul><ul><li>Variables/Attributes </li></ul><ul><ul><li>Qualitative </li></ul></ul><ul><ul><li>Quantitative </li></ul></ul><ul><li>Levels of Measures </li></ul>Business Statistics
    • 4. <ul><ul><li>Nominal & Ordinal </li></ul></ul><ul><ul><li>Interval & Ratio </li></ul></ul>Levels of Measure
    • 5. Nominal & Ordinal Rating Examples Nominal Ordinal Ordinal How does the chip taste? How do you rate the taste of bag “A” as compared to “B”? How appealing is the chip bag? <ul><li>Tangy </li></ul><ul><li>Superior </li></ul><ul><li>“ I’ve got to try it!” </li></ul><ul><li>Salty </li></ul><ul><li>Better </li></ul><ul><li>“ It looks interesting.” </li></ul><ul><li>Cheesy </li></ul><ul><li>About the same </li></ul><ul><li>“ I can live with it.” </li></ul><ul><li>Sweet </li></ul><ul><li>Not as good </li></ul><ul><li>“ It’s not too appealing.” </li></ul><ul><li>Plain </li></ul><ul><li>Far inferior </li></ul><ul><li>“ Gross!” </li></ul>
    • 6. Population and Samples <ul><li>Population </li></ul><ul><ul><li>Examples </li></ul></ul><ul><li>Sample </li></ul><ul><li>Bias </li></ul>
    • 7. Conclusion <ul><li>Business Statistics </li></ul><ul><li>Qualitative Rating Examples </li></ul><ul><li>Interval and Rational Data </li></ul><ul><li>Population and Samples </li></ul>
    • 8. References <ul><li>Gibilisco, Stan. (2004). Statistics demystified. Retrieved May 25 from </li></ul><ul><li>http://site.ebrary.com/lib/cecybrary/Doc?id=10089198&ppg=54 </li></ul><ul><li>Lind, D., Marchal, W., Wathen, S. (2008). Statistical techniques in business & economics. (13 ed.). New York, NY: McGraw-Hill Irwin. </li></ul><ul><li>Kazmier, Leonard. (2003). Schaum's easy outline : Busines statistics. Retrieved May 5, 2008 from http://site.ebrary.com/lib/cecybrary/Doc?id=10045338&ppg=11 </li></ul><ul><li>Peddiniti, S. (2006). Ordinal data. Retrieved May 23, 2008 from http://www.isixsigma.com/dictionary/Ordinal_Data-1538.htm. </li></ul><ul><li>Superville, Claude (2008). Live Chat Session: MGM600 4 47 0 . Retrieved May 24, 2008 from CTU Online, MGM600-0802B-04 : Applied Managerial Decision-Making. </li></ul>

    ×