Unit 4 discussion Board By: Karen Horne 9 June 24, 2011 The tools that can be of use to Ms Excel for helping to interpret data is that it can be used for forecasting, control charts, summary charts and also regression analysis and the last would be the simulations. However when it comes to Ms Excel it will provide the necessary tools so the person (s) will be able to manage their projects. Ms Excel will help the manager keep track of all the important records and inventories and this can be done
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Measurement Scales If a researcher is going to use statistics properly, it is crucial to consider the kind of data about which descriptive statistics are to be calculated or to which will be applied some kind of statistical test. Statistical analysis, even simple analysis as counting, requires that each characteristic to be studied be assigned a unique value. Sometimes, especially in qualitative research with small samples, this value can be a word or symbol. For example, the interviewers could
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Investigation of Absence Data As a manager in a Contact Centre, unplanned absence causes issues. I have collected the absence data across the four departments within the Contact Centre for the same time period in 2011 and 2012. (January – September) |Absence Data 2011/2012 | Department |Employee |Salary PA |Daily pay rate |No of Sick Days 2012 |Cost of sick to business 2012 |No of Sick
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With Big Data Comes Big Responsibility (https://hbr.org/2014/11/with-big-data-comes-big-responsibility) Big data and the “internet of things”—in which everyday objects can send and receive data—promise revolutionary change to management and society. But their success rests on an assumption: that all the data being generated by internet companies and devices scattered across the planet belongs to the organizations collecting it. What if it doesn’t? Alex “Sandy” Pentland, the Toshiba Professor of
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Nationals, for instance; a satellite was recently manufactured by UAE nationals. Although a high number of locals were included in this project, there was still a need for expats to supervise those individuals. 3. What surprises you the most about this data? I believe, the most surprising point I
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Big Data and Data Analytics for Managers Q1. What is meant by Big Data? How is it characterized? Give examples of Big Data. Ans. Big data applies to information that can’t be processed or analysed using traditional processes or tools or software techniques. The data which is massive in volume and can be both structured or unstructured data. Though, it is a bit challenging for enterprises to handle such huge amount fast moving data or one which exceeds the current processing capacity, still there
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Information system are the main aspect of business. It ensure that the data that is being stored or transferred is kept completely safe and secure. It also ensure that the data is properly organized, and much less space consuming. The main thing about it is that it maintains data digitally, rather than maintaining a physical record in this way more amount of data can be stored. The 3 major trends in information system are : A : data collection automation : With the expansive range of information that
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violate privacy and can it be restricted. Yes, it is for the most part restricted but only by whom the university can share the information with. Business Research Ethics Georgia State University started using a data predictive system called GPS, Graduation and Progressions Success in 2012. It’s a system that tracks each and every student that attends Georgia Sate University. GPS tracks them by an ID card that is swiped every time they attend class such as, tutoring
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How Smart, Connected Products are Transforming Companies How long has it been since you last looked at your cell phone? Has it been 15 minutes? Maybe 10 minutes; for some of us it has only been five minutes and even others have looked at their cell phone within the past minute or two. Smart products are changing the way we live. They make many things that were once difficult, as easy as pushing a button or swiping across a touch screen. This not only helps us in our personal lives, but this
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software provides real-time data on issues and allows leaders to focus on these issues rather than on gathering data. P&G has seven business sufficiency models that provide information on a specific problem set. These sets identify specific variables about the problem and are key to determining how to correct the problem. Business Sufficiency is extremely effective. The most important item required in making a decision is data. If managers spend too much time searching for data they may miss the opportunity
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