Application of Mis on Statistical Analysis

In: Other Topics

Submitted By danihansom
Words 3623
Pages 15
MIS COURSES – Student Learning Outcomes1
MIS 180: Principles of Information Systems At the end of this course students should be able to: 1. Understand the importance of determining information system requirements for all management levels by developing an understanding of the differences between various types of information systems 2. Understand how information systems are developed 3. Understand the computer revolution and its impact on the way business is conducted 4. Become familiar with critical-thinking skills in identifying information systems problems and how to investigate existing literature about hardware and software solutions to problems. 5. Know the components and functions of computer systems, both hardware and software. 6. Become familiar with the advances in networking, data communications and the Internet and how they affect the way business is conducted. 7. Identify which information technology tools are used to solve various business problems. 8. Develop proficiency solving business problems using modern productivity tools (e.g., spreadsheet, database) or creating custom programs.

MIS 301: Statistical Analysis for Business At the end of this course students should be able to: 1. Use data from a sample to make inferences about a population. 2. Apply probability theory in decision making situations. 3. Formulate hypotheses for decision making and research. 4. Analyze data using appropriate statistical techniques. 5. Interpret the results of statistical analysis. 6. Present statistical results using graphics, text, and the spoken word. MIS 302: Introduction to Operations Management At the end of this course students should be able to: 1. Define the role of operations and supply chain in an organization and its interactions with business functions such as accounting, finance, and marketing. 2. Develop the basic business and operations strategies…...

Similar Documents

Statistical Analysis

...market by gaining greater market shares by strategically introducing a new cold beverage product. In this case my line of questioning would be what popular drinks are being marketed successfully currently? Is the health-concious drinks and foods at the top of the food chain currently? Is there a more convenient consumption of cold beverages we can capitalize on such as a no-sugar-added fruit juice in a carton that is individual in size? How will the product be marketed? What regions are the cold beverages selling best? What surveys indicate who is buying the drinks by gender, age, time of year, etc. These are all questions that would be important to my report to identify a relationship between variables, probably single linear analysis would provide this information best with dependent and independent variables to be considered. The variables in my mind then become gender, will the drink be more appealing to women than men; portability, will the personalized approach to individual grab-and-go drinks be more appealing to consumers in that market? Research could easily show a company where most cold beverages are sold from regionally designed research for collecting this data. This variable would be region. The generational/age input or “baby boomer” effect could be part of the input or variables (Can Soft Drink Taxes Reduce Population Weight?). Placing the correct variables into the regression model should give me a fairly accurate answer with regard to my......

Words: 471 - Pages: 2

Basica Statistical Analysis

...Basic statistical analysis is descriptive analysis, descriptive statistics summarizes responses for large numbers of respondents in a few simple statistics. When a sample is gathered, the sample descriptive statistics are used to make inferences about characteristics of the entire population of interests. Descriptive analysis is describing data in a way that explains the basic characteristics such as tendency, distribution, and variables. Examples of this would be if a company wanted to find out what type of bonus employees prefer. Descriptive statistics are used to explain the basic properties of these variables. Mean, Median, and Modes are descriptive statistics that is used to explain the basic properties of variables. The mean would reflect the average answer that is given. The Median would provide the answer that is the central, or middle range answer. The mode would be the answer that was given the most often. Tabulation refers to the orderly arrangement of data in a table or other summary format. When the tabulation process is done by hand, the term tallying is used. Simple tabulation tells how frequently each response or bit of information occurs. Cross Tabulation is used for addressing research questions involving relationships among multiple less than interval variables. One key factor in interpreting a cross tabulation table is comparing the observed table values with the hypothetical values that could result from pure chance. Percentage Cross......

Words: 374 - Pages: 2

Statistical Applications

...are assessed incrementally with equal distances between the increments (Bennett, Briggs, & Triola, 2009). In the hospital setting, nurses routinely use ratio levels of measurement such as the patients weight, height, temperature, blood pressure, and respiratory rate. In conclusion, numerous statistics are collected and analyzed in the health care setting. Accurate statistics provide information regarding patient satisfaction, patient safety, and patient outcomes. Using this information to identify areas for improvement, planning, and implementing changes in care and practice will improve the quality of care, decrease morbidity, and improve patient outcomes. References Bennett, J., Briggs, W., & Triola, M. (2009). Statistical reasoning for everyday life. Boston, MA: Pearson Education, Inc. Gray, J. T., Richmond, N., & Ebbage, A. (2010). Influences on patient satisfaction survey results: is there a need for a rethink? Quality In Primary Care, 18(6), 373-378. McHugh, M., & Lake, E. (2010). Understanding clinical expertise: nurse education, experience, and the hospital context. Research in Nursing & Health, 33(4), 276-287. U.S. Department of Health and Human Services. (n.d.). Medicare.gov. Retrieved from http://www.medicare.gov/qualitycarefinder Vincent, J. (2003, June). Nosocomial infections in adult intensive-care units. Lancet, 361(9374), 2068-2077. Vitez, M. (2010, March 8). One......

Words: 1312 - Pages: 6

Descriptive Analysis of Statistical Data

...Final Project: Statistics II Descriptive analysis of statistical data INTRODUCTION There have always been crimes, from a treachery to an assassination. Happens in every country you can think of, and every government has to deal with it. It is really stressful to try to understand the nature of the crimes: why are they done and where could they happen next. Out of this preoccupation is that we found studies gathering data from communities; we focused on one specific crime: murders. In several communities, it is thought that the murder rate is somehow related to several factors. For instance, it is common to hear that the murder rate depends on poverty and unemployment. Starting from this hypothesis, the database found to make this analysis relates the number of murders per year per 1,000,000 inhabitants with the number of inhabitants, the percentage of families’ incomes below $5000, and the percentage unemployed. OBJECTIVE OF THE STUDY Trying to estimate how many murders will happen in a year in a specific place is difficult, but not impossible. This is why we are using the dataset found with the variables mentioned above, with which we’ll be able to find a formula. So, after this project, if we want to know how many murders will be on a city, for example Monterrey, we’d just plug in the data from that city (the inhabitants, the percentage of families income below $5000, and the percentage unemployed) and we’ll get a number, which would be the predicted number of......

Words: 2991 - Pages: 12

A Study on the Systems Applications and Products (Sap) and Statistical Analysis System (Sas) Software

...com/business/12/18/10/sas-partners-asia-pacific-college-biz-curriculum. Jasch, C. M. (2010). Environmental and material flow cost accounting: principles and procedures. New York: Springer. Kieso, D. E., Weygandt, J. J., & Warfield, T. D. (2010). Intermediate Accounting. (13th ed.). Asia: John Wiley & Sons. Livingstone, J. L. (1970). Management planning and control: mathematical models. McGraw-Hill. Manuel, Z. C. (2011). Accounting process. (17th ed.) Philippines: Raintree Trading and Publishing Inc. Miller, R. E., & Blair, P. D. (2009). Input-output analysis: foundations and extensions. (2nd ed.) Cambridge University Press. Minz B. (2010). Difference between SAS and SAP. Retrieved October 25, 2011 from http://itknowledgeexchange.techtarget.com/itanswers/sap-vs-sas/. Peterson. W. (1991). Advances in input-output analysis: technology, planning, and development. Oxford University Press. Raa, T. T. (2006). The Economics of input-output analysis. Cambridge University Press. SAS Institute Inc. (1976). SAS: the power to know. Retrieved October 25, 2011 from http://www.sas.com/software/data-management/surveyor-sap/index.html SAS ties up with Asia Pacific College. (2010). Retrieved October 25, 2011 from http://www.philstar.com/Article.aspx?articleId=634410&publicationSubCategoryId=71. SAS v/s SAP analytics. (2006). Retrieved October 25, 2011 from http://businessintelligence.ittoolbox.com/groups/vendor-selection/datamining-select/sas-vs-sap-analytics-1149112....

Words: 268 - Pages: 2

Statistical Analysis Process

...Statistical Analysis Process: Generally, all of the business courses that you take are focused on answering a single question - “What can managers do to improve the performance of their organizations?” It is not sufficient to theorize that a particular business strategy will lead to improved performance. You must test the theory. The statistical analysis process is a standardized methodology for testing theories. Generally, you identify a strategy that you believe may work, you ask experts what they think about the strategy, you analyze the data collected from the experts, you interpret the results from the analysis, and you draw conclusions about how well the strategy works based on the interpretations. All remaining assignments require that you follow this process. 1. State the research question. This is general question related to our area of concern. For example: “What can managers do to improve the performance of their organizations?” That’s probably stated a little too generally. More specific examples include: “Will implementation of a market orientation strategy improve my organization’s performance?” and “Will implementation of JIT and TQM improvement programs combine to improve my organization’s performance?” 2. State the hypotheses. Hypotheses are formulated from the research question. They must be stated in a form that is statistically testable. For example, “Market orientation is positively associated with operational......

Words: 1066 - Pages: 5

Mis and Applications

...Case Study 1: MIS in Your Pocket Question 01 The applications are described in this case are e-mail, calendar and contacts from Microsoft Exchange ActiveSync. Furthermore, there are some new software applications like hospital’s MEDITECH electronic medical records system, Epocrates Essentials, ChainLinq Mobile and iPhone app. The business function of these kinds of applications is to make employees control their work easily, and help them to fix complex things. The e-mail application keeps the doctors and other employees or patients in contact with each other at anytime. MEDITECH helps doctors to keep and search the information of medical records or some other results at anytime or anywhere. Epocrates Essentials application helps doctors to explain the lab results, and conclude some medical information. ChainLinq Mobile application can track the shipment information. Therefore, all these applications help to improve operational efficiency and decision making. They help decision making faster and more correct, and it is convenient for the company to do some operations quickly. Companies can save time and money through using these applications. Question 02 The mobile digital devices help companies solve business problems like doctors use of iPhone to receive e-mails and to be called anytime no matter where they are. Doylestown Hospital uses these kinds of tools to manage the information of thousands of patients, and help doctors to analysis medical results, and......

Words: 1246 - Pages: 5

Mis 589 Networking Concepts and Application

...MIS 589 Networking Concepts and Application     http://www.homeworkarena.com/mis-589-networking-concepts-and-applicationMIS 589 Week 1: Introduction and the Application Layer – Discussion   Technology and Evolution As you will discover this week through your studies, communications have gone through some major changes throughout history. Explain how information systems from the 1980s differ from information systems today. What networking and communications changes were introduced in the past decade (2000s), and what were their implications? MIS 589 Week 1: Introduction and the Application Layer – Discussion     The Application Layer (Graded) The textbook and lecture explain that there are four fundamental application architectures in use today: host-based architectures, client-based architectures, client-server architectures, and peer-topeer architectures. Do some research in the DeVry Virtual Library (Under Course Home in the Student Resources section). Based on your research, what application architectures are most prevalent today? Under what architecture would you classify technologies such as virtualization, cloud computing, and Webbased applications? Last, what factors are involved in selecting the architecture that is right for your organization? MIS 589Week 1 Assignments: MIS 589Week 1 Chapter 2 Mini Case MIS 589Week 1 Individual Assignment; Chapter 1 Questions Additional......

Words: 2873 - Pages: 12

Statistical Analysis

...salaries for schools requiring English test = µ (starting salaries for schools not requiring english test) Alternative hypothesis (Ha): µ (starting salaries for schools requiring English test) ≠ µ (starting salaries for schools not requiring English test) Significance level = 5% Minitab test results: Conclusion: At 5% significance level, P-value is 0.245 which is greater than 0.05. FAIL TO REJECT NULL HYPOTHESIS. 95% CI for difference contains 0. Hence, there is no statistically significant difference between the mean starting salary of schools requiring and not requiring English test. Part 3: Relation between starting salaries and tuition: We can conduct a correlation analysis to measure association between starting salaries and tuition fees. Two separate correlation analysis can be conducted using local and foreign tuition fees data sets. Correlation between starting salaries and local tuition fees: There is a significant strong positive linear correlation between Local Tuition and Starting Salary of MBA graduates. As the Local Tuition fee increases, the starting salaries increase too. Correlation between starting salaries and foreign tuition fees: There is a significant strong positive linear correlation between Foreign Tuition and Starting Salary of MBA graduates. As the Foreign Tuition fee increases, the starting salaries increase too. Part 4: There are three interesting observations that I’d like to cover in this section: 1.......

Words: 1496 - Pages: 6

Statistical Analysis

...Statistical Information Paper HCS 438 July 17, 2011 Monica Vargas Statistical Information Paper Statistics are used in many different ways in my workplace. The use of statistics is for the improvement of quality care and safety. Statistics are also used to measure employee compliance in regards to hand washing and proper use of policies and procedures. We also use charts and graphs to show infection rates, skin integrity, falls within the facility, budget concerns, and many more. These graphs help hospital personal improve care and safety to provide quality care to all patients. Graphs can also be used to measure patient and employee satisfaction. Descriptive statistics are used to describe the basic features of the data in a study and do not involve generalizing the data that has been collected. They provide simple summaries about the sample and the measures. Together with simple graphics analysis, they form the basis of virtually every quantitative analysis of data (Trochim, 2006). An example of descriptive statistics used at my workplace can be the number of patients that are admitted into the hospital on a Monday versus a patient admitted on any other day of the week. This information can also be broken down into more descriptive categories such as how many patient were men, women , children, what is their diagnosis, why were they admitted, and so on and so forth. We use inferential statistics to make judgments of the probability that an observed......

Words: 742 - Pages: 3

Ma260 Statistical Analysis 1

...MA260 statistical analysis 1 Click Link Below To Buy: http://hwcampus.com/shop/ma260-statistical-analysis-1/ 1. A recent article in the Myrtle Beach Sun Times reported that the mean labor cost to repair a color television is $90 with a standard deviation of $22. Monte’s TV Sales and Service completed repairs on two sets this morning. The labor cost for the first was $75 and it was $100 for the second. Compute z values for each and comment on your findings. 2. The mean of a normal distribution is 400 pounds. The standard deviation is 10 pounds. a. What is the area between 415 pounds and the mean? b. What is the area between the mean and 395 pounds? c. What is the probability of selecting a value at random and discovering that it has a value of less than 395 pounds? 3. The monthly sales of mufflers in the Richmond, VA area follow the normal distribution with a mean of 1200 and a standard deviation of 225. The manufacturer would like to establish inventory levels such that there is only a 5% chance of running out of stock. Where should the manufacturer set the inventory levels? 4. Research on new juvenile delinquents revealed that 38% of them committed another crime. a. What is the probability that of the last 100 new juvenile delinquents put on probation, 30 or more will commit another crime? b. What is the probability that 40 or fewer of the delinquents will commit another crime? c. What is the probability that between 30 and 40 of the......

Words: 334 - Pages: 2

Statistical Applications

...Watson described in her carative factors. The “attending nurse caring model” is a theory application that Watson and Roxie Foster developed. This application utilized the theory and the evidence of caring and healing process. The “Attending Nurse Caring Model or ANCM” (Watson & Foster, 2003) was set up to look at how caring affected children’s pain. Watson and Foster considered that the ANCM would have nurses who will function beside the hospitalist in regards to patient care. In the ANCM, patient care is delivered with the focus on caring and healing. For the ANCM to be successful requires that partnerships be formed as well as new forms of communication (Watson & Foster, 2003, p. 361). In the model, nursing care would be compared to physician hospitalist role, as the nurse would be responsible for coordinating care among the members of the clinical team as well as providing care for the patient and the family. The model gives the “Attending Care Nurse” responsibility to plan for and give directions for “continuous care” (Watson & Foster, 2003, p 364). John Paley is a senior lecturer at the University of Stirling, School of Nursing, Midwifery and Health, in the United Kingdom. He has a MA degree and currently is a member of the research committee. He teaches philosophy, ethics, organization, research and management. Paley has done research on nursing phenomenology and applications of the philosophy of mind. Paley has been the author of numerous articles on......

Words: 1302 - Pages: 6

Statistical Analysis

...References Agresti, Alan (1996).Introduction to categorical data analysis. NY: John Wiley and Sons. Ahmed, N. (1976); Development Agriculture of Bangladesh. Dhaka, Bangladesh Books of International Ltd. BANBEIS (1998); Bangladesh Education Statistics (At a glance), Bangladesh Bureau of Statistics. BBS, 2003: Report of the household expenditure survey 2000, Statistical Division, Ministry of Planning, Government of Bangladesh, Dhaka. BBS (2002); Statistical Year book of Bangladesh, 2001, Dhaka. Bunce, L. and R. Pomeroy. 2003. Socioeconomic Monitoring Guidelines for Coastal Managers in the Caribbean: SocMon Caribbean. GCRMN. Bunce, L., P. Townsley, R. Pomeroy, and R. Caribbean. GCRMN. Bunce, L., P. Townsley, R. Pomeroy, and R. Pollnac. 2000. Chandra KJ. Fish parasitological studies in Bangladesh: A Review. J Agric Rural Dev. 2006; 4: 9-18. Cochran, W.G. (1977); Sampling Techniques, 3rded. New Delhi: Wiley Eastern. Davis, James A. (1971). Elementary survey analysis. Des Raj (1971); Sampling Theory. Fox, J. 1984: Linear Statistical Models and Ravallion, M. and B. Sen 1996: When Method Matters: Monitoring Poverty in Bangladesh, Economic Development and Cultural Change, 44: 761-792 Gujarati, Damodar.N; Basic Econometrics. 4TH edition; Mcgraw-Hill. Gupta, S.C., Kapoor; Fundamental of Mathematical Statistics. New Delhi. Heyman, W. and R. Graham (eds.). 2000. The voice of the fishermen of Southern Belize, Toledo Institute for......

Words: 340 - Pages: 2

Ma260 Statistical Analysis 1

...MA260 statistical analysis 1 Click Link Below To Buy: http://hwcampus.com/shop/ma260-statistical-analysis-1/ 1. A recent article in the Myrtle Beach Sun Times reported that the mean labor cost to repair a color television is $90 with a standard deviation of $22. Monte’s TV Sales and Service completed repairs on two sets this morning. The labor cost for the first was $75 and it was $100 for the second. Compute z values for each and comment on your findings. 2. The mean of a normal distribution is 400 pounds. The standard deviation is 10 pounds. a. What is the area between 415 pounds and the mean? b. What is the area between the mean and 395 pounds? c. What is the probability of selecting a value at random and discovering that it has a value of less than 395 pounds? 3. The monthly sales of mufflers in the Richmond, VA area follow the normal distribution with a mean of 1200 and a standard deviation of 225. The manufacturer would like to establish inventory levels such that there is only a 5% chance of running out of stock. Where should the manufacturer set the inventory levels? 4. Research on new juvenile delinquents revealed that 38% of them committed another crime. a. What is the probability that of the last 100 new juvenile delinquents put on probation, 30 or more will commit another crime? b. What is the probability that 40 or fewer of the delinquents will commit another crime? c. What is the probability that between 30 and 40 of the......

Words: 334 - Pages: 2

Statistical Analysis

...Professor Vaccaro MBAMS 630 – STATISTICAL ANALYSIS FOR MANAGERS SUMMER SESSION - I , 5th EXAMINATION ( Chapter 13 ) – Part I NAME ___Due Thursday, July 14th, 2016 MULTIPLE CHOICE : ( select the most correct response ) 1. The Y-intercept ( bo ) represents the: a. estimated average Y when X = 0. b. change in estimated average Y per unit change in X. c. predicted value of Y. d. variation around the sample regression line. 2. The slope ( b1 ) represents: a. predicted value of Y when X = 0. b. the estimated average change in Y per unit change in X. c. the predicted value of Y. d. variation around the line of regression. 3. The least squares method minimizes which of the following? a. SSR b. SSE c. SST d. all of the above A candy bar manufacturer is interested in trying to estimate how sales are influenced by the price of its product. To do this, the firm randomly chooses six (6) small cities and offers the candy bar at different prices. Using candy bar sales as the dependent variable, the company will construct a simple linear regression on the data below: City Price ($) Sales River Falls 1.30 100 Hudson 1.60 90 ...

Words: 1323 - Pages: 6

Magellan Boatworks Case Study | sonarca-sound-recorder-free-3.2.8 | Click to Play