Business Statistics

        Class 1

    Week 1 Assignment

    Question 1

    1. Determine which of the following statements is descriptive in nature and which is inferential. Refer to the data below in How Old is My Fish?
    How Old is My Fish
    Average age by length of largemouth bass in new York State
    Length 8 9 10 11 12 13 14
    Age 2 3 3 4 4 5 5
    1.  All 9-inch largemouth bass in New York State are an average of 3 years old.
    2.  Of the largemouth bass used in the sample to make up th NYS DEC Freshwater Fishing Guide, the average age of 9-inch largemouth bass was 3 years.

    In your answer also describe and explain the difference between descriptive statistics and inferential statistics.

    Question 2

    2. Since 1981, Fortune magazine has been tracking what they judge to be the “best 100 companies to work for.” The companies must be at least ten years old and employ no less than 500 people. Below are the top 25 from the list compiled in 1998, together with each company’s percentage of females, percentage of job growth over a 2 year span, and number of hours of professional training required each year by the employer.

    Company Name Women (%) Job Growth (%) Training (hr/yr)
           
    Southwest Airlines 55 26 15
    Kingston Technology 48 54 100
    SAS Institute 53 34 32
    FEL-Pro 36 10 60
    TDIndustries 10 31 40
    MBNA 58 48 48
    W.L.Gore 43 26 27
    Microsoft 29 22 8
    Merck 52 24 40
    Hewlett-Packard 37 10 0
    Synovus Financial 65 23 13
    Goldman Sachs 40 13 20
    MOOG 19 17 25
    DeLoitte&Touche 45 23 70
    Corning 38 9 80
    Wegmans Food Products 54 3 30
    Harley-Davidson 22 15 50
    Federal Express 32 11 40
    Proctor & Gamble 40 1 25
    Peoplesoft 44 122 0
    First Tennessee Bank 70 1 60
    J.M. Smucker 48 1 24
    Granite Rock 17 29 43
    Petagonia 52 5 62
    Cisco Systems 25 189 80
    1.  Find the mean, range, variance, and standard deviation for each of the three variables shown in the list. Present your results in a table.
    2. Using your results from (a), compare the distributions for job growth percentage and percentage of women employed. What can you conclude?
    Grading Criteria Assignments Maximum Points
    Meets or exceeds established assignment criteria 40
    Demonstrates an understanding of lesson concepts 20
    Clearly present well-reasoned ideas and concepts 30
    Mechanics, punctuation, sentence structure, spelling that affects clarity, and citation of sources as needed 10
    Total 100

     

     

     

     

     

     

     

     

     

     

    Multinational Management   Class 2

    Week 1 Assignment

     

     

     

    Building an International Company

    Grass Roots Company:

    How does a company grow to become an international entity? Identify one international company, trace its roots and explain a success and a challenge it had growing to an international status. Also, create a new product idea of your own and describe how you could take the company from a local business to an international success.

    • Identify one internationally successful company.
    • Briefly describe its growth history
    • Describe a success and a difficulty it had growing to international status
    • Create your new product idea
    • Describe how you would grow the company to international status.

     

    This assignment should be approximately 1,500 words. It is to be written in APA format, type face: Times New Roman – 12 point, with a cover page. Remember to cite your sources in APA format. Minimum of 2-3 sources, not Wikipedia, one source can be your textbook.

     

     

     

    Grading Criteria Assignments Maximum Points
    Meets or exceeds established assignment criteria 40
    Demonstrates an understanding of lesson concepts 20
    Clearly presents well-reasoned ideas and concepts 30
    Uses proper mechanics, punctuation, sentence structure, and spelling 10
    Total 100

     

     

     

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